British industry beat expectations in April - but manufacturing slumped

UK industrial production figures for April just beat analyst expectations by a distance.

Analysts expected a 0.1% boost on the month, with just a 0.6% boost year-on-year forecast.

The actual figures show a rise of 0.4% in April from March, and 1.2% from the same month last year.

Manufacturing figures, on the other hand, missed expectations, rising by just 0.2% year-on-year (rather than the 0.4% expected), and actually falling from March, down 0.4%.