The UK government has announced a £12.4 million fund to help energy intensive industries cut emissions and reduce costs. An energy intensive industry usually refers to businesses that operate in the industrial sector and for these businesses, energy costs are normally...
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Manufacturers set to invest more in technology in 2023
Introduction The Digital Catapult’s Manufacturing Leaders poll 2022 has found that the top priority for business leaders in the manufacturing industry across the UK is the commitment to innovation and to continue investing in deep technology solutions. What about...
What challenges are manufacturers likely to face in 2023?
In 2023, there will be many challenges that manufacturers will need to overcome. Energy prices and inflation will be among the biggest challenges. Other challenges include: Supply chain challenges Increased transport costs Less foreign investment Energy prices...
UK manufacturers plan to raise prices over the next three months
Introduction The CBI has recently conducted a survey of 224 UK manufacturers where 80% revealed that they are going to increase the prices of their products within the next three months. What factors are causing manufacturers to increase prices? The main factor...
UK manufacturers positive about 2022 despite challenges
A recent industry survey has shown that many UK manufacturers are optimistic that productivity and business conditions will improve in 2022. Despite the fact that many UK manufacturers will be facing many challenges such as: Retaining staff Inflation Rising input...
Government Announces Plan to Almost Double UK Exports
The government has recently launched it’s ‘Made in the UK, Sold to the World’ plan. What is the aim of the plan? The aim of this plan is to almost double UK exports around the world to £1 trillion per year. Last year the UK exported £600 billion in goods...
Annual Investment Allowance Extended
The Chancellor announced in the Autumn Budget an extension of the temporary increase in the Annual Investment Allowance (AIA) to 31 March 2023. Most corporate and unincorporated businesses are able to utilise the AIA to claim 100% tax relief on their qualifying...
Government delay new manufacturing UK safety standards
The government has decided to give manufacturers an additional year to comply with the new UKCA mark. The UKCA mark is a safety regulation that will be used to certify that a wide range of manufacturing products meet UK safety standards. Manufacturers were due to...
New £20M funding launched for UK manufacturers
A new £20M funding programme is set to launch across the UK for manufacturers. The aim of the programme is to help manufacturers overcome supply chain issues caused by the global pandemic. The programme will aim to do this by assisting manufacturers with the...
UK government announce £12.4 million funding to help energy intensive industries cut emissions
The UK government has announced a £12.4 million fund to help energy intensive industries cut emissions and reduce costs. An energy intensive industry usually refers to businesses that operate in the industrial sector and for these businesses, energy costs are normally...
Manufacturers set to invest more in technology in 2023
Introduction The Digital Catapult’s Manufacturing Leaders poll 2022 has found that the top priority for business leaders in the manufacturing industry across the UK is the commitment to innovation and to continue investing in deep technology solutions. What about...
What challenges are manufacturers likely to face in 2023?
In 2023, there will be many challenges that manufacturers will need to overcome. Energy prices and inflation will be among the biggest challenges. Other challenges include: Supply chain challenges Increased transport costs Less foreign investment Energy prices...