<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9d828b72-e9ca-407a-8cf5-d36349447b4b/A070FE11-6319-43B8-BAAF-2206B244E6E3/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.timesonline.co.uk/tol/business/economics/article6722958.ece?plckFindCommentKey=CommentKey:ecc7676b-a953-46c2-996a-b3d93ab06cb2" href="http://www.timesonline.co.uk/tol/business/economics/article6722958.ece?plckFindCommentKey=CommentKey:ecc7676b-a953-46c2-996a-b3d93ab06cb2" style="font-size: 11px;">www.timesonline.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/business/economics/article6722958.ece?plckFindCommentKey=CommentKey:ecc7676b-a953-46c2-996a-b3d93ab06cb2"><P> British factories suffered a bigger-than-expected drop in orders this month raising new fears about the health of the economy. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/business/economics/article6722958.ece?plckFindCommentKey=CommentKey:ecc7676b-a953-46c2-996a-b3d93ab06cb2"><P> In July, manufacturing orders fell at their fastest rate since January 1992, according to the Confederation of British Industry (CBI). </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/business/economics/article6722958.ece?plckFindCommentKey=CommentKey:ecc7676b-a953-46c2-996a-b3d93ab06cb2"><P> The CBI's gauge of orders dropped from -51 to -59, far below the -45 measure expected. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/business/economics/article6722958.ece?plckFindCommentKey=CommentKey:ecc7676b-a953-46c2-996a-b3d93ab06cb2"><P> However, there was some good news as factories indicated that the business environment had improved over the past three months, with the balance rising to -16, the highest since October 2007. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/business/economics/article6722958.ece?plckFindCommentKey=CommentKey:ecc7676b-a953-46c2-996a-b3d93ab06cb2">There was also a slowdown in the pace of decline of overall output.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.timesonline.co.uk/tol/business/economics/article6722958.ece?plckFindCommentKey=CommentKey:ecc7676b-a953-46c2-996a-b3d93ab06cb2"><P> Ian McCafferty, chief economic adviser to the CBI, said that the gloomy figures from the manufacturing sector, which accounts for about a sixth of the country's total output, underlined that the country faced difficulties in the wake of the downturn: “These figures reinforce our view that the road out of recession will be long and slow," he said. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A070FE11-6319-43B8-BAAF-2206B244E6E3/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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