Powered by people and technology: the manufacturing & engineering sector view

Our recently published whitepaper entitled ‘Powered by people and technology: the manufacturing and engineering sector view’, details the key issues and concerns facing the sector for the year ahead.

The findings, based on the survey responses from businesses across the UK, reveals some of the key strategies that business leaders in the manufacturing and engineering (M&E) sector plan to undertake during 2018.

After last year’s subdued survey results, confidence among M&E owner managed businesses (OMBs) has bounced back strongly, with 64% expressing confidence about the general outlook, slightly above the national result of 60% and substantially above last year’s M&E result of 52%. M&E OMB confidence levels in relation to revenue and profit targets were also up compared to last year.

The initial surprise of the Brexit referendum result has been absorbed and, although many uncertainties remain, the M&E sector has refocused on future plans. There are signs of renewed belief that UK businesses will find a way to succeed in the new environment. So 2018 looks like being a dynamic year for M&E OMBs.

To access a copy of the full whitepaper, please click here. We hope that you find our whitepaper both useful and informative.

If you would like to discuss any issues raised within the report, please get in touch.
 

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