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ONS Index of Production statistics – Barclays comment

“Confidence continues on an upward trajectory for manufacturers, thanks to strong growth in new orders and an improving domestic market. The sector has received a further boost from The Chancellor’s recent announcement that more funding will be provided for apprenticeships, and the abolition of employers’ National Insurance on all jobs created for under 21’s. These important initiatives will hopefully help address the challenge around a lack of skilled labour as businesses are encouraged to hire more apprentices.”