UK factories suffer worst quarter on record

British industrial output recorded its biggest quarterly fall on record during the three months to June as COVID-19 heavily disrupted operations, and a further decline is likely in the months to come, a survey showed on Monday.

The Confederation of British Industry's headline industrial orders measure inched up to -58 in June from May's 38-year low of -62, but remained far below its pre-COVID level, while export orders fell by the most since records began in 1977 at -79.

The CBI's measure of industrial output over the past three months fell to its lowest since that measure started in July 1975, sinking to -57 from -54.