British Manufacturers Confidence Hits -65 Record Low

CBI survey shows British manufacturers' confidence fell to -65 in April, the weakest since the COVID-19 pandemic onset.
Investment plans for buildings, plant, machinery and training hit their lowest level since April 2020, indicating reduced capital spending.
Order book balance dropped to -38 in April from -27 in March, well below its long‑run average of -14.
Expected price gauge surged to +32 from +12 in March, the biggest monthly rise since records began in 1975.