Business optimism and investment intentions have improved significantly in the three-months to January, with optimism growing at the fastest pace since April 2014, according to the latest CBI Industrial Trends Survey.
British car manufacturers could become caught up in an export tariff tit-for-tat escalating between the UK and US governments, after chancellor Sajid Javid refused to back down on a new multibillion-pound tax incentive aimed at many of the world’s biggest tech firms.
An increased global emphasis on low carbon initiatives is set to significantly increase the demand for batteries, leading to concerns surrounding the responsible management of lead throughout the lifecycle of automotive and industrial batteries.
Rolls-Royce is leading the “largest national engineering collaboration the UK has ever seen” to build a series of mini nuclear power stations that it claims could deliver up to £400bn in global exports, 40,000 skilled jobs, and affordable, low-carbon electricity for decades to come.
At The Manufacturer, we’re fortunate enough to visit many of the world-leading factories the UK has to offer, as well as speaking to a host of industry experts about the various challenges and triumphs they’ve experienced.
The engineering sector has “cause for optimism” as greater numbers of school leavers are showing an interest in STEM careers than ever before - but work is still needed to cultivate a more positive outlook of the engineering industry, particularly among girls.