Clearview South July 2014 - Issue 152 - Page 106

BUSINESSNEWS STRONG OUTLOOK FOR MANUFACTURING SECTOR Activity in the UK manufacturing sector remained solid in May, and output is expected to rise strongly in the next three months, the latest CBI Industrial Trends Survey shows. Output volumes continued to grow at the same rate as in the previous two months, and with stronger growth anticipated for the coming quarter. The survey of 437 manufacturers found that total order books remained well above the long-run average. Export orders fell below normal, mainly driven by the chemicals and automotive sectors, but remained strong by historical standards. Katja Hall, CBI Deputy Director-General, said: “Overall, the manufacturing sector continues to perform well. Output growth is on an upward trend, with firms expecting an even stronger rise in the next three months. “Inflationary pressures are under control, with firms now expecting only a slight rise in the selling prices of their goods. “The recent rise in Sterling, coupled with a tepid recovery in the Eurozone could weigh Cornwall Glass Fund Makes It’s second Wave Of Grants £13,700 was awarded to 14 charities and community groups across Cornwall. The Cornwall Glass Fund, Cornwall Glass & Glazing’s charitable fund, held by the Cornwall Community Foundation, has joined together to grant its 2nd wave of funding. The grants have been awarded to community and charity projects which specifically focus upon mental health, children and community benefits, all of which can bring a sustainable difference to our county and help support worthy projects. The Cornwall Glass Fund was set up five years ago by Cornwall Glass & Glazing Ltd, where it was the company’s long term ambition to be able to set up a charity, to contribute and support its surrounding community. The combination of the two waves of 106 JUL 2014 ‘grants to no less than 36 charity and community groups’ grants in the past two years has provided grants to no less than 36 charity and community groups across Cornwall with a total of £31,000 being awarded. on export demand. As the UK’s economic recovery gains a firmer footing