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U.K. June Manufacturing Falls Most Since 2008

British manfuacturing output posted a 2.9% monthly fall in June, the steepest decline since November 2008, due in part to an extra holiday to celebrate Queen Elizabeth II's Diamond Jubilee, the Office for National Statistics reported Tuesday. Manufacturing output dropped 4.3% compared to June 2011. The broader industrial production measure saw a 2.5% monthly fall, also the steepest since November 2008. Industrial output declined 4.3% year on year. Economists surveyed by Dow Jones Newswires had forecast a 4.5% monthly fall in manufacturing output and a 5.9% year-on-year decline. Industrial production was forecast to see a 4.4% monthly fall and a 6% year-on-year drop.Copyright © 2012 MarketWatch, Inc....

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  1. UK June Bank Lending Subdued On Weak Demand, Tight Credit Conditions

    U.K. lending to both consumers and businesses was again subdued in June, as their appetite to take on debt was dampened further by wet weather and the long holiday w...

  2. Preparing Queen Elizabeth II's Diamond Jubilee flotilla

    Martha MacCallum speaks with one of the queen's waterman about preparations for the 1,000-vessel pageant on the River Thames

  3. UK Queen leads 1,000 boat flotilla for Diamond Jubilee

    Queen Elizabeth II celebrates 60 years on the throne

  4. UK set to celebrate Queen Elizabeth II's Diamond Jubilee

    Danny Lopez discusses what preparations are under way in celebration of Queen Elizabeth II's 60th anniversary

  5. The Comeback of the British Monarchy

    FBN’s Stuart Varney on how Queen Elizabeth II helped improve the image of the British royal family.

  6. BOE's Posen Says UK Stronger Than Data Suggest

    EDINBURGH, Scotland -- The U.K. economy appears to be performing more strongly than official data are likely to suggest, Bank of England policy maker Adam Posen said...

  7. Queen Elizabeth II celebrates 60 years as royal monarch

    History has unfolded before her eyes

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