Manufacturing
Manufacturing News
Manufacturing News, May 2018
The upturn in the UK manufacturing sector slowed further at the start of the second quarter, according to the latest Markit/CIPS Purchasing Managers’ Index (PMI). Rates of expansion eased for output, new orders and employment, in part reflecting a weakening in the pace of expansion of new work from abroad. On the price front, input […]
Read MoreManufacturing News, April 2018
A survey of more than 240 manufacturers has found a broadly positive outlook, with 52% of firms in the sector expecting to increase their staff numbers. The survey, conducted for the Lloyds Bank Commercial Banking’s Manufacturing Barometer, found that the same proportion are more positive about the UK economy than this time last year, and […]
Read MoreManufacturing News, February 2018
The three-month average pay settlement in January was 2.4%. This was higher than the average of 2.1% across 2017 with the average for the month of January itself a shade higher at 2.5%. Throughout 2017 there was a gradual acceleration in pay growth across the sector as inflationary pressures kicked in and business conditions […]
Read MoreManufacturing News, December 2017
A £65m manufacturing centre of excellence is to be built near Glasgow Airport, the Scottish government has announced. The National Manufacturing Institute for Scotland (NMIS) aims to support businesses across the country and attract investment. Strathclyde University will be the anchor university for the institute. The centre will be located at Inchinnan in Renfrewshire, […]
Read MoreManufacturing News, November 2017
Business innovation is key to manufacturers’ success at home and overseas, and is seen as a critical part of their growth strategies, according to a new survey published by EEF and Santander. Business innovation helps manufacturers to do things better; it also helps them to enter new export markets, as well as to seek […]
Read MoreLloyds Bank Manufacturing Outlook, Q4 2017
UK MANUFACTURING OUTLOOK (Q4 2017) Recent data paint a more positive picture of the sector than was previously believed to be the case. Manufacturing now looks to been one of the fastest growing parts of the economy during 2017. This echoes a more global-wide acceleration in manufacturing output, reflecting an upturn in world trade. Some […]
Read MoreManufacturing News, November 2017
UK political uncertainty, particularly around Brexit, has dented British manufacturing’s appetite to invest in new plant and machinery, according to a study published by EEF and Santander. The EEF/Santander Annual Investment Monitor – which is based on discussions with 328 companies – claims that while demand conditions should be spurring on investment just one third […]
Read MoreManufacturing News, October 2017
A weaker exchange rate helped the manufacturing sector expand for the 14th month in a row in September, according to a survey of purchasing managers working in the industry. The amount of growth in new export business was close to its highest level of the past six-and-a-half years, respondents said. They cited the fall […]
Read MoreManufacturing News, July 2017
Sheffield Forgemasters International has announced a £2m investment into its melting facility to make refined steel with reduced energy consumption. Forgemasters inward investment is part of the company’s turnaround plan and drive towards operational efficiency improvements, and follows its announcement of a new intake of apprentices for 2017 across all of its business divisions. Operations […]
Read MoreManufacturing News, May 2017
Organisations which have introduced advanced automation into their workplace are seeing revenue growth, job creation and greater employee satisfaction, according to a new global survey. By 2018, almost half of companies (46) said they would need greater automation to handle the volume of tasks being generated. By 2020, nearly nine in 10 companies (86%) are […]
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