UK manufacturing growth 'slowed in April'

Growth in the UK manufacturing sector slowed in April, according to an influential survey.

The Markit/CIPS purchasing managers' index (PMI) dropped to 50.5 in April, down from 51.9 in March.

Any figure about 50 indicates an expansion of the sector. April's figure was the fifth consecutive month of growth.

The slowdown was partly blamed on the steepest fall in new orders since May 2009.

Source & Image : BBC