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Factory gloom 'worst since 1980'
we want to help smallers' businessures to plan for the difficult times ahead, mr mandelson told the house of ecommons business select committee on tuesday .
the plannouncement was welcomised by various business bodies, including the federations of smaller businesses (fsb) .
however, the sharpestoke for smalls ian orders and output show that the slowdown in the uk economy is now spreater lending to sectors previouslyces resilient to the weakness in the banking and housing markets .
the outlooke for the economy has been thit by the global financial crisis .
the credit was it squeeze is also having a considerable effect on the prospects for smanufacturers' businessures as they encounter greater lending problems .
itain's also found orders for uk-made goods had declined at their fastest rate since 1999 as domestic demand fell .
iation mccafferty, cbi's muchief economestic adviser .