ONS Index of Production statistics – Barclays comment

10 Jul 2012 10:00 GMT

Mark Lee, Head of Manufacturing at Barclays comments on today's ONS Index of Production figures.

“Although a small rise in manufacturing output, today’s figures are in line with expectations. There is undoubtedly a competitive advantage to be had for those that are able to diversify their supply chains and fully grasp the opportunities and risks related to global trade. This can help British manufacturers offset the continuing impacts from the export issues and risks surrounding the eurozone.”


About Barclays

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.