What was the CBI's reported balance of total new orders for UK factories in May, and how does it compare to April?

The Confederation of British Industry's monthly balance of total new orders slid to -41 in May from -38 in April, marking the fastest contraction since September 2020.

According to the CBI, what are the main external factors worsening challenges for UK manufacturers?

According to CBI senior economist Cameron Martin, the conflict in the Middle East is feeding through to higher energy costs and renewed supply chain disruption, adding another layer of challenges for manufacturers who are already grappling with weak demand.

UK Factory Orders Contract at Fastest Pace Since 2020, CBI Says

May 21, 2026

UK factory orders contracted sharply in May amid surging energy costs and supply chain disruptions linked to the Middle East conflict, complicating Bank of England monetary policy decisions.

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UK Factory Orders Contract at Fastest Pace Since 2020, CBI Says

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