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EU crisis has led to a fall in manufacturing confidence

The Manufacturers' body EEF has slashed its growth forecast for 2012 in the wake of the eurozone crisis.

While the government hopes industry will drive the economy out of the recession, the EEF has seen a significant drop in demand in the last three months.

Lee Hopley, their Chief Economist, told Radio 5 live Wake Up To Money what was happening.

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