Damon Walford from Aldermore comments on the ONS industrial output figures
Commenting on figures from the Office of National Statistics released today, which show an increase in industrial output for June 2014.
Damon Walford, managing director of invoice finance at Aldermore, said: “These figures are good news for the UK economy, with increased production continuing to reflect a more positive economic outlook amongst SMEs. In recent months Aldermore has seen particular demand from manufacturing as the sector continues to recover and today’s figures confirm that trend with a 0.2% increase in output in manufacturing. We have seen strong demand from SME customers right across the UK in recent months and today’s figures are good news in that regard.”