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5 Sep 2017

Exports at record high

Washington Correspondent

It’s not every day that manufacturing is seen as a bright spot on Britain’s economy. But new figures today show that exports are at a record high, confounding those who thought the Brexit vote would spell immediate doom. The rise has been fuelled by a fall in the value of the pound, but also from an increase in demand, especially from Europe. But the outlook is not so sunny across the rest of the economy, with the service sector and the construction industry both showing a slowdown in August.