Calls for decisive action follow survey demonstrating UK exports slumped to lowest level in three years
Manufacturers are advising the UK government to take action to help limit the damage caused by the coronavirus pandemic after experiment had demonstrated that exportations have slumped to their lowest level in three years.
A survey of more than 300 companies by manufacturers’ body Make UK and business advisory firm BDO, carried out before the recent escalation of the coronavirus outbreak, indicated key sectors had ground to a impasse at the end of 2019. Since then, while the domestic picture had begun to improve slightly, exportations had already fallen sharply in answer to a downturn in world trade, a situation likely to be exacerbated by current events.
Read more: theguardian.com