Strongest growth has been in business with private individuals, partly by increased borrowing for house purchases and increased interest in savings products.
More Quotes from Doug Godden:
Output has not been increasing as much because of the higher costs of production. Investment is also weak.Doug Godden
These figures confirm the picture of a manufacturing sector facing pressures from all sides.
Doug Godden
We've seen over 50billion of additional business tax since 1997 and the share of Government spending has continued to ratchet upwards.
Doug Godden
With some notable exceptions, manufacturers continue to experience difficult times, with high energy costs continuing to add pressure to profit margins.
Doug Godden
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