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Manufacturing slump is over, says CBI

The CBI has claimed that the slump in the manufacturing sector is over. Surging orders and output have increased confidence, meaning that the employers' organisation - saying that it would not "protest" if the Bank of England raised interest rates by a quarter-point to four per cent next week.

Published: Wed, 28 Jan 2004 01:00:00 GMT+00

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FT - page 8 | Times - page 27