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UK industry shines but Brexit still looms over economy

Reuters  |  LONDON 

By Andy BruceLONDON (Reuters) - British industry had its strongest month so far this year in September and the trade deficit narrowed, offering some positive signs for an economy that faces a potentially difficult 2018 as Brexit approaches.The figures published on Friday suggested manufacturing may go some way towards counteracting a consumer-led slowdown and offered some vindication to the Bank of England which last week raised interest rates for the first time in more than 10 years.Sterling edged up to a day's high against the dollar after the data."Stronger global growth and the effect of ...

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First Published: Fri, November 10 2017. 16:42 IST