No Future


More bad news from the last recessing economy in the universe: The manufacturing sector simply refuses to grow.
It was flat in October, according to government statistics. And while we're raining on the parade, let's also note that manufacturing did even worse the prior month than we expected, with September's industrial output numbers revised down.

But it's the October figures that really sting, managing to disappoint even the modest growth expectations set for the month. Britain's manufacturing sector has now failed to grow for 18 straight months.
UK manufacturing sector stalls [Guardian]