Industrial Strategy

Robots don’t steal jobs, they create them

Smart Factories
Contrary to popular speculation that robots could take British jobs, new data exclusively shared with The Manufacturer has revealed that the majority of industry professionals (63.3%) have never witnessed job losses as a result of the introduction of robots or automated processes.

Creating value in the global steel industry

UK Steel Mill Factory Foundry - image courtesy of Pixabay.
Recent forecasts (Hatch Consulting Group) estimate that global demand for steel could grow by a third – nearly 500m tons – by 2030, mainly driven by construction, infrastructure, automotive, energy and capital goods. So why do we hear so much negative news about this vital industry, and how can it return to profitability?

Bribery: no + $ = yes

Bribery Stock Image
Posted on 21 Mar 2017 by Nick Peters
It is a formula as old as business itself – the bribe, the backhander that greases the wheels of commerce. Rolls-Royce has recently learned to its great cost, however, that nowadays it is also a ticket to massive fines and reputational damage.