Now in its sixth year, the MHA Manufacturing and Engineering Survey continues to point to sector trends and highlights the challenges and opportunities that our makers and engineers face.
SME manufacturers in the UK are more confident around revenue growth, despite Brexit uncertainties, skills shortages and production cost rises.
Philippa Oldham, Head of Manufacturing at the Institution of Mechanical Engineers, one of the contributors to the report, said: “Manufacturing is at the heart of a healthy UK economy, and it is encouraging to see that the findings of the survey show that there is continued optimism and confidence in the sector.
“But the results raise a cautionary flag to government that as we press ahead with Brexit, they must consult closely with the manufacturing sector to ensure concerns over R&D and skills are addressed as part of negotiations with the EU to obtain an optimum outcome.
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