Manufacturing Businesses Some of the Least Prepared for Brexit deadline
Almost two in three UK businesses (63%) say they will not be ready for Brexit by 31 October – and 26% say they need a further 6-12 months to get their company Brexit-ready – according to new research by ThoughtWorks, the global software consultancy, to find out about the manufacturing sector. The national survey asked 1,026 […]
Brexit Uncertainty Is Affecting the Manufacturing Sector
A new survey is showing that South East manufacturers are experiencing far more difficult trading conditions as they enter the autumn due to the Brexit uncertainty dragging on. According to the Q3 Manufacturing Outlook survey published by trade organisation Make UK and business advisory firm BDO, while both output and total orders have remained positive […]
3 Ways Manufacturing Businesses Can Prepare for Brexit
On 31 October 2019, the UK will leave the European Union (EU). UK manufacturers should and will have been preparing for that date, whether a final Brexit deal is made or not. UK manufacturing is resilient and has a rich history, accounting for nearly half of UK trade. But how will Brexit affect manufacturing? This […]
Ready for a ‘no-deal’ Brexit?
As the risk of a no-deal Brexit grows, the government is warning manufacturers to prepare for the sudden imposition of onerous tariff, customs declarations and VAT import liabilities. These threaten to delay or even block goods moving between the UK and EU, and leave businesses with heavy tax bills. Some post-Brexit friction will be eased by new […]
Brexit: How Would the Plastics Industry Have Voted ‘Indicatively’?
The British Plastics Federation (BPF) has surveyed its members in a flash poll that mirrored the ‘indicative votes’ that MP’s voted for in the House of Commons on Wednesday 27 March. Unlike the results from parliament, there are clear preferred courses of action. With over 150 senior industry figures responding in just over 24 hours, […]
Data Protection and Brexit – Is your organisation prepared?
If your organisation shares personal data with businesses or organisations in the European Economic Area (EEA), you will need to take steps to ensure you continue to comply with data protection laws if the UK leaves the EU without a deal. Personal data refers to any information that can be used to identify a living […]
Companies to Attract 20,000 R&D Workers
A new report by Bidwells announced that Science and technology (S&T) companies are looking to attract 20,000 new R&D workers by 2023. Cambridge and Oxford will need around 40 football pitches worth of new lab space to accommodate the next five years of growth. Analysis based on Bidwells’ market data and interviews with 50 leading S&T […]
Ditch the Fear, Embrace Innovation
Ditch the Fear, Embrace Innovation : The UK is open for business – and it is time to step outside this vicious circle that is driving confidence down to an all-time low. Whether it is businesses leaving the UK or complex customs arrangements, the worse the headlines, the more negative business leaders feel. So how […]
Brexit and the UK Automotive Industry
Brexit and the UK Automotive Industry : Uncertainty around the final Brexit deal between the UK and the EU still remains. This is particularly true for the automotive industry where OEMs such as Ford, Honda and Renault-Nissan have all publicly raised their concerns. To find out what was happening within the industry, OpenText and the […]
NFU President Speaks at Oxford Farming Conference
NFU President Minette Batters spoke at the Oxford Farming Conference, challenging the government to make the right decisions regarding Brexit and ensure the nation avoids a no deal. A no deal Brexit could be catastrophic for Britain, according to the NFU and the impacts on the farming industry include: “There have been enough warm words […]
Perception of Robotics Needs to Be Changed
After recent reports by the International Federation of Robots (IFR) and the global management consulting firm McKinsey & Co, Tom Bouchier, managing director of Fanuc UK has decided to discuss the state of UK manufacturing. He said: “As explained in the McKinsey report, Artificial Intelligence (AI) can play a key role in improving the global economy, […]
UK to Maintain European Standards Position
The General Assemblies of CEN and CENELEC – the European Standards Organizations – have agreed an arrangement that secures BSI’s full membership post-Brexit. This arrangement confirms that the UK can continue to enjoy and influence the content of voluntary standards that support trade across 34 European member countries. The decisions, taken separately in both organizations, […]
Advice on Relocation from Omega Plastics
The uncertainty surrounding Brexit is causing a number of boardroom headaches for many companies. However, one leading North East plastics manufacturing firm is saying that now it is the best time to relocate your production work back to the United Kingdom to enjoy significant savings! Omega Plastics, the award-winning Washington-based firm, advises that relocating can […]
Brexit – Ways Manufacturing Companies are Continuing to Grow
Brexit – Ways Manufacturing Companies are Continuing to Grow : As the results were read out on June 24th, a buzz of uncertainty spread around those managing manufacturing companies and how the decision to leave the EU would impact business. Would the changes make a significant impact on import tax paid for products, would foreign […]
Robert Keen Admits BIFA Is In The Dark On Brexit
This month we’ve heard from Robert Keen, director general of the British International Freight Association (BIFA), about Brexit and it seems one of the UKâs leading industry associations is as much in the dark as Joe Public. Keen was quick to point out the lack of information about possible Brexit implications in his address at […]
Britain’s Car Manufacturing Establishments Are On The Way Up!
British car manufacturing has received an exciting boost, hitting a seventeen year high in February. Overall production in the industry rose eight percent (to 153,041) last month and boosted by a thirteen percent increase in sales to overseas markets. Since Brexit the fifteen percent fall in the pound against the euro has helped make British […]
Brexit Blessing for the Manufacturing World
Brexit Blessing for the Manufacturing World : Thanks to the weaker status of the pound manufacturing has reached a two-year high! As Britain gears up to leave the European Union it appears the weaker pound has boosted overseas demand for British goods. Export order books are at levels last seen in December 2013. This demand […]
How Will Brexit Affect British Engineering and Manufacturing?
Post Brexit Britain is a place that is scary for many, people are in fear of what will affect them and to what extent, or if it will affect them at all. In terms of manufacturing and engineering, there are the positives, the negatives and still the unknown… An obvious impact of the referendum is […]
10 Reasons Brexit Is Good For Manufacturing & Engineering
10 Reasons Brexit Is Good For Manufacturing & Engineering : Forget Brexit means Brexit. Brexit means prosperity, jobs and opportunity, a thriving economy and, importantly, a strong manufacturing and engineering sector in the UK. The Brexit hangover is affecting everyone differently, and while many are thrilled with the result there is still mass concern over […]
John Moylan Says UK Must Brace Itself For Brexit Woes Despite Toyota Making Britain Part Of Its Long-Term Future
John Moylan, the BBC’s car manufacturing correspondent, says the UK must brace itself for Brexit woes despite Toyota making Britain part of its long-term future. The BBC’s car manufacturing correspondent John Moylan says, despite Toyota announcing plans to upgrade its UK plant with its New Global Architecture, its new system for producing vehicles worldwide, UK […]
6 Reasons Why Setting Up A Business In The UK Is A Good Thing Post-Brexit
6 Reasons Why Setting Up A Business In The UK Is A Good Thing Post-Brexit : The British public has spoken. Democracy has fulfilled its purpose…if that purpose was to increase division, suspicion and fear that is! But as the dust settles, there are plenty of reasons to be positive in a post-Brexit Britain Get […]
What Does A ‘Hard’ Brexit Mean for UK Manufacturing?
Brexit means Brexit and, following the Prime Ministerâs speech in late January where she set out what this will entail, Brexit means a âhardâ Brexit. While the Supreme Court has now ruled that Westminster will need to approve the Governmentâs Brexit plans, the intention of leaving the Single Market could have direct implications for the […]
How Brexit can streamline retail supply chains
Brexit can place UK retailers at the vanguard of nascent agricultural and manufacturing supply sectors in Africa, but only if the UK Government retains current tariff-free access to products from the continent. That was the view of trustees and managing directors from some of Africaâs emerging garment markets, who urged the UK to strengthen ties […]
CBI Survey Finds Orders Rising Despite Fall in Exports
Orders for products made in the UK improved more than expected this month, however exports orders decreased as the effect of the low pound is still failing to stimulate consistent, widespread demand overseas. The monthly survey of manufacturers carried out by the Confederation of British Industry (CBI)’s showed the balance of total orders improved from […]
Japan Urges UK To Reconsider Brexit
Japan Urges UK To Reconsider Brexit : At a time when the UK manufacturing sector remains somewhat ambivalent about the nationâs membership within the EU, a top executive from big-name Japanese automotive manufacturer, Hitachi, has urged businesses to recognise the value of such a lucrative membership body. Commenting on the Brexit debate currently sweeping not […]
Brexit Could Topple Industry, Warn UK Pharmaceuticals Companies
UK pharmaceuticals businesses are the latest to express their concern over a yes vote to leaving the European Union. Some of the top executives and trade associations supporting the industry have insisted that Brexit would be to disrupt cross-pollination between countries and threaten existing measures of regulation. The European Federation of Pharmaceutical Industries and Associations […]
