EEF's Terry Scuoler calls for a Budget that is clearly aligned with an ambitious industrial strategy and which boosts manufacturing investment in technology, thereby enhancing productivity and helping to secure long-term sustainable growth.
Now that the summer is long gone and the party conference season over, we are fast approaching a critically important period for manufacturing – politically and economically. As the Brexit negotiations pick up pace and the government prepares to publish its Industrial Strategy, Terry Scuoler welcomes the signs of a new pragmatism.
Sector deals are an important part of the government’s Industrial Strategy green paper. However, if they are to work as intended they must have the right framework, and be underpinned with guidance and transparency. Terry Scuoler discusses the issues.
In the third article of this series, Alan Griffiths of Cambashi looks into how different technology companies work together to provide Industrial IoT solutions and how the money flows. In other words, ‘Who pays whom for what?’
In uncertain times, Terry Scuoler is clear about two government priorities – Brexit needs to be about trade and cooperation, and political turmoil must not get in the way of an ambitious industrial strategy.
Companies make a big effort to show off when it comes to their latest product innovations. In the automotive industry this may be around concept cars; in defence and energy, virtual reality simulation is all the rage; and in silicon foundries it may be pushing the limits of miniaturisation to maintain the march of Moore’s Law.
A recent survey by the Chartered Institute of Procurement and Supply (CIPS) found that a third of British businesses are actively looking to suppliers in the UK to replace those in Europe, ahead of Brexit negotiations.