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.
At last, the negotiations on the UK’s exit from the EU have begun. UK manufacturers with interests in Europe are as uncertain as anyone else about how the negotiations will go and what the impact will be on their businesses.
Whoever emerges victorious from June’s general election, the UK’s long-awaited industrial strategy must be a winner. Terry Scuoler reinforces the importance of clear and focused action to support UK manufacturing.
Manufacturers say they want to use the technologies of Industry 4.0 (4IR) to improve their businesses. But the barriers to investment seem to be high and many are not moving quickly enough as markets change.
The government’s Industrial Strategy green paper contains some much-needed clarity, but as Terry Scuoler explains, there is room for more focus on a skilled workforce, competitiveness and support for exporters.