The engineering market is expected to grow to $3.5tn in 2025 and grow to $5.8tn by 2034. With the need for skilled engineers growing, opportunities for jobseekers within the engineering field are set to follow – but which companies are the hardest to land a job with? To find out, precision components supplier Accu collated data from […]
The British manufacturing sector is in the grip of a prolonged crisis, impacted by surging energy prices and global uncertainty, according to the latest research from Cynergy Bank. The Bank’s latest Business Births and Deaths Index, released today, draws on the latest ONS data for April to June this year to show a bleak picture for […]
High employment costs are now outstripping energy costs as the most cited source of pressure to raise prices, creating inflationary headwinds and threatening the competitiveness of the UK labour market, according to a new report from the former sector skills council, Enginuity. Skills shortages – where the labour is available but not with the right […]
The UK government’s Industrial Strategy (IS), announced on 23rd of June, has been met with positivity from businesses according to new Barclays Business Prosperity research of 1,000 small, medium and large, business leaders, with six out of 10 (61%) expecting it to have a positive impact on their business. This optimism is contributing to financial […]
A remarkable first quarter sales performance for UK manufacturers has flown in the face of low business confidence amongst SMEs. New figures show the average small-medium UK manufacturer made 30% more sales revenue in Q1 2025 than Q4 2024, and 13% more year-on-year. The findings – based on direct data from over 600 UK firms using Unleashed’s inventory […]
The trade organisation representing British manufacturers has seen a surge in membership applications in the last month, as interest in ‘buying British’ grows. In the month following the introduction of new tariffs on imported goods into America, the internationally recognised trademark, Made in Britain has seen a 20% increase in the number of companies applying to join […]
Made Smarter, the government-backed digital adoption programme, has launched a new £1m funding round to support technology projects among SME manufacturers in the North West. The initiative, which has been driving digital transformation in the region’s manufacturing sector since 2018, is offering match-funded grants of up to £20,000 to help SMEs adopt advanced technologies including […]
Manufacturing leaders across Southern England are being urged to sign up to Made Smarter, the UK government programme helping SMEs embrace digital technologies for growth. Registration is now open to access fully funded expert advice, leadership training, student interns and up to £20,000 technology grants to help them drive growth, productivity and sustainability. The Made […]
UK-registered businesses involved in late-stage, collaborative research and development (CR&D) of automotive technology and processes can now apply for a share of up to £40m government funding matched by industry. The latest competition facilitated by the Advanced Propulsion Centre UK (APC) and delivered in partnership with Innovate UK, part of UK Research and Innovation, and […]
UK manufacturers are riding high on a wave of newfound confidence for 2025, as figures reveal a dramatic uplift in sales revenue and purchasing. Small and mid-sized firms saw their average sales revenue jump 88% in 2024, while the number of purchase orders (POs) placed with suppliers was also up 88%, according to a report from inventory management […]
