Oct 24, 2001, 12:01 AM
News Code: 9032856
0 Persons
years' 21 for `worst outlook export UK have manufacturers UK for prospects Export -- IRNA 24, Oct London, of Confederation the years, 21 for rate fastest their at deteriorated .warned has Industry British the over trade export better predicting were factories of 6% Just CBI a outlook, gloomier a forecasting 59% with compared ahead, year .said survey optimists with compared pessimists of ratio the left figures The .BBC the to according 1980, July since level highest its at was 10 and September 20 between survey the undertook which CBI, The last following immediately turmoil the reflected this said October, .US the on attacks terror month's dramatic by term short the in influenced unduly be can Confidence" .said CBI the "attacks, terrorist the as such events that "worrying deeply" was it that warned confederation the But were levels investment and employment output, corporate of forecasts .business across simultaneously falling with low, three-year a to fell confidence business Overall than pessimistic were they say to likely more times 10 executives .optimistic in cut point percentage a half a for called chiefs Confederation years three for time first the industry, UK support to rates interest .reduction big a such demanded have they up shore to action meaningful and decisive needs Business" .said Jones Digby general director CBI "confidence, the for scope ample is there benign, outlook inflation the With" justifies situation economic the and rates lower to England] [of Bank ".cut half-point a their at fall to market UK the to orders expect Executives the over orders total for outlook the with years, 10 for rate quickest .1998 since worst the months four next to end an of survey July the in expressed hope overturns This" .said CBI the "orders, falling KS/KS End