Can manufacturing firms survive a weak pound sterling? A weak pound and rising import costs could spell trouble for the UK manufacturing industry. But the current situation offers opportunities as well as risks. Friday 24 June was a significant day in UK history, as the British public voted (by a majority of 52% to 48%) […]
Tag: UK manufacturing
UK manufacturing on the up and up
The output and order books of the industry are growing and are at their fastest pace ever in two decades, as the UK’s manufacturing sector strongly emerges from the recession of the past few years. The monthly Markit/Chartered Institute of Purchasing and Supply snapshot stated that the return of consumer confidence, a higher demand for […]