UK manufacturers are requesting that the Chancellor, Jeremy Hunt, announces an overhaul of the UK’s business tax and regulatory rules in the Autumn Statement to boost investment plans. The call from manufacturers to make these changes came from a survey that was...
Latest News
UK manufacturing sector rises to eighth in the world
The UK manufacturing sector has overtaken France in the world rankings and now sits in eighth place according to official data published by Make UK. 2021 is the latest year for which global manufacturing output are available. This data shows that the UK’s...
Government to award over £50m to cutting edge manufacturing projects
Cutting-edge R&D projects for batteries, self-driving and the automotive industry are set to receive over £50 million in grant funding from the UK government. The government is aiming to drive innovation in areas such as self-driving technologies and energy...
UK automotive manufacturing improves sustainability
The latest figures from the Society of Motor Manufacturers and Traders (SMMT) demonstrate that the UK carbon footprint in automotive manufacturing has decreased to its lowest level on record as CO2 emissions fall by 11.2% in 2021 compared to 2020. Automotive...
Most UK manufacturers are aiming to grow their business
Introduction According to a survey conducted by the manufacturing trade body Make UK, 52% of UK manufacturers plan to grow their business during the next five years by over 20%. If manufacturing output for UK GDP increased from 10% to 15% this year, this could result...
Manufacturing trade bodies call for immediate financial support
Introduction Earlier this year the chancellor announced that he would offer support to the manufacturing sector this autumn. However, manufacturing trade bodies such as Make UK have said that support is needed before the summer parliamentary recess. Make UK has given...
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...
Manufacturers request major overhaul of UK business tax and regulation
UK manufacturers are requesting that the Chancellor, Jeremy Hunt, announces an overhaul of the UK’s business tax and regulatory rules in the Autumn Statement to boost investment plans. The call from manufacturers to make these changes came from a survey that was...
UK manufacturing sector rises to eighth in the world
The UK manufacturing sector has overtaken France in the world rankings and now sits in eighth place according to official data published by Make UK. 2021 is the latest year for which global manufacturing output are available. This data shows that the UK’s...
Government to award over £50m to cutting edge manufacturing projects
Cutting-edge R&D projects for batteries, self-driving and the automotive industry are set to receive over £50 million in grant funding from the UK government. The government is aiming to drive innovation in areas such as self-driving technologies and energy...