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UK manufacturers drop US as top export market amid trade woes: Survey
UK manufacturers have dropped US from their top 3 export markets for the first time, as firms shift focus to Asia/Oceania and the Middle East amid tariffs and uncertainty. Make UK slashed its 2026 growth forecast to -0.5 per cent, citing high energy costs and weak investment. Despite Q2 output rebounding to 9 per cent, investment intentions remain fragile, with future growth at risk.
UK manufacturers have dropped US from their top 3 export markets for the first time, as firms shift focus to Asia/Oceania and the Middle East amid tariffs and uncertainty.
Make UK slashed its 2026 growth forecast to -0.5 per cent, citing high energy costs and weak investment.
Despite Q2 output rebounding to 9 per cent, investment intentions remain fragile, with future growth at risk.
