Company Investment

UK automotive robust yet cautious

Production at the McLaren Technology Centre - image courtesy of McLaren Automotive.
The UK automotive industry remains resilient despite ongoing uncertainty presented by the global economy and the UK’s future relationship with the EU, according to new research released today by Lloyds Bank Commercial Banking.

What does the factory of the future look like?

HPE future factory video
Manufacturing has been earmarked by the World Economic Forum and the European Union as a major driver of increased employment opportunities, reduced carbon emissions and better educational prospects for young people. This huge ambition largely rests on the advent of the smart factory and the rollout of Industry 4.0, which will make manufacturing more affordable in high-wage countries.