Barclays Head of Manufacturing Mike Rigby comments on today’s PMI manufacturing figures

LONDON, 1-9-2014 — /EuropaWire/ — Mike Rigby, Head of Manufacturing at Barclays, comments on today’s PMI manufacturing figures.

“Growth in manufacturing continues but at a more controlled level than we have seen so far this year. Although there is still a confident buzz amongst manufacturers, the fragility of a recovery which continues to rely heavily on consumer spending is still an underlying cause for concern. A much-needed boost in export orders is yet to materialise but is becoming increasingly important if the UK manufacturing recovery is to rebalance and become more sustainable.”

Notes to Editors:

For further information about Barclays Corporate Banking, please visit our website www.barclayscorporate.com

About Barclays
Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive 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 135,000 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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