FILE PHOTO: A worker in a protective suit sweeps the floor inside the Envision battery manufacturing plant at Nissan's Sunderland factory, Britain, July 1, 2021.
REUTERS/Phil NobleLONDON (Reuters) - A record share of British manufacturers reported rising new orders this month but global supply chain problems and labour shortages held back growth in output, a survey showed on Tuesday.
Still, the picture was weaker for export orders - which grew at their fastest since March 2019 - and the survey’s gauge of output growth fell to its lowest level since April.
“Today’s survey highlights how amidst a variety of supply challenges, companies are beginning to struggle to meet high demand,” CBI deputy chief economist Anna Leach said.
The record prices have strained the British energy sector, destroying the business model of smaller energy traders and sending shockwaves through the chemical and fertiliser markets, leading to a shortage of carbon dioxide used in food processing.
Phil Noble LONDON, “, Anna Leach, Leach
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