10:53 am, Tue 09 Apr 2013 Mixed news for the economy
Mixed results for UK manufacturing and exports
The UK's hopes of avoiding a return to recession remain in the balance after the
Office for National Statistics (ONS) released mixed figures on manufacturing and exports.
A general view of Southampton Docks as the Office for National Statistics (ONS) released mixed figures on manufacturing and exports.
Credit: Gareth Fuller/PA
Economists were cheered by a month-on-month improvement of 0.8% in factory output for February, reversing some of the 1.9% slide in January.
But separate figures from the ONS also showed a widening in the UK's trade deficit, largely due to a 1.1% fall in exports amid weaker demand from the beleaguered eurozone.
The UK will duck its third recession since the start of the financial crisis if GDP figures on 25th April avoid a second quarter in a row of contraction.
9:47 am, Thu 06 Dec 2012 UK credit rating 'at risk'
Exports weaker, but more UK investment abroad
Laura Kuenssberg - Business Editor
Britain not good on exports. The trade deficit was up to 3.6 billion in October from £2.5 billion in September. However the Office for National Statistics says UK companies are investing more abroad. The figures indicate extra spending in China and India.