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UK CBI to show weakening investment intentions

UK's Industrial Trends survey this week is the quarterly version that includes a range of extra questions on such areas as investment and employment intentions. 

"Given the declining performance of the manufacturing sector this year, an across-the-board weakening of the quarterly measures is expected, so both business optimism and investment intentions are likely to have fallen", says Societe Generale. 

In the monthly responses there could, nevertheless, be some improvement because the declines shown in the September survey seemed too pronounced.

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