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		</div><p>Britain&#8217;s manufacturing sector eked out modest growth last month after a shock contraction in April, but remained close to stagnation as Brexit fears hit activity.</p>
<p>The closely-watched Markit/CIPS UK Manufacturing purchasing managers&#8217; index showed a reading of 50.1 in May, up from 49.4 in April, which had marked the first contraction for more than three years.</p>
<p>A reading above 50 signals growth.</p>
<p>The report reveals that more than a third of UK manufacturers surveyed believe uncertainty over the EU vote has had a detrimental impact on their business.</p>
<p>Of those, 8% said the impact was &#8220;strongly detrimental&#8221;.</p>
<p>UK economists said Brexit fears are putting off spending and investment decisions, while a slowdown in the global economy has also impacted demand for British goods from abroad.</p>
<p>Howard Archer, chief UK and European economist at IHS Global Insight, said the manufacturing sector was &#8220;essentially at a standstill in May&#8221;.</p>
<p>Rob Dobson, senior economist at survey compiler Markit, added: &#8220;Softer global growth is weighing on new export orders.</p>
<p>&#8220;There are also signs that increased client uncertainty resulting from slower growth and the forthcoming EU referendum is weighing on investment spending.&#8221;</p>
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We never manufactured much before so Brexit should be a good thing not a bad thing for British people.