Barclays Head of Manufacturing Mike Rigby comments on today’s ONS Index of Production figures

Mike Rigby, Head of Manufacturing at Barclays comments on today’s ONS Index of Production figures

10-7-2013 — /europawire.eu/ — “Today’s figures feel a little out of kilter with other industry data and what our manufacturing clients are telling us. Our clients suggest they have increased visibility of their forward order book which is having a positive effect on their appetite to invest. To many it feels like we are experiencing a more positive outlook but today’s figures do show that a number of challenges still persist. It’s not surprising to see the manufacture of base metals and products has contributed to the fall in manufacturing as commodity prices fell during the period.”

About Barclays
Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.

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