Stockpiling frenzy drives UK factories ahead of Brexit: PMI

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Stockpiling frenzy drives UK factories ahead of Brexit: PMI
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Factories in Britain stockpiled for Brexit at an explosive rate last month, unli...

LONDON, - Factories in Britain stockpiled for Brexit at an explosive rate last month, unlike anything seen before in a major rich economy, pushing manufacturing growth to an unexpected 13-month high, a survey showed on Monday.

The headline figure far exceeded readings from the euro zone, where a global slowdown has left factories in a slump. British politicians now have until April 12 to come up with an alternative, after which the country could leave the EU without a deal to ease its transition — something most economists think will harm the economy.

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