Story perspectives
UK Manufacturing Struggles as Output Forecasts Decline
2/20/2026
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Story summary
- The CBI industrial trends survey shows British manufacturing orders remain below average, with February's balance at -28, down from -30 in January and far below the -14 average.
- Manufacturers expect output to decline over the next three months.
- Labour government unveils a £2bn industrial strategy to lower energy costs, delayed until 2027.
- The Federation of Small Businesses warns many members face cost pressures and urges the chancellor to act.
