UK manufacturers need help to stimulate growth

A more stable economic environment, receding inflation and lowering interest rate have provided manufacturers with much need respite. So says Richard Powell, partner at MHA, adding that rising sector confidence is facilitating better-informed investment decisions and providing businesses with a semblance of certainty to plan for the rest of the year. However, these are early days, and our sector could surely benefit help to stimulate growth. As Powell says, “Manufacturers require certainty, whether in economic metrics or government direction, to pursue their strategic plans and investments confidently. Without this assurance, businesses may water down their growth strategies, stifling greater sector investment and growth.”

With best regards

Mark Simms, Editor
editor@machinebuilding.net