Manufacturing News, Analysis & Advice | LondonLovesBusiness https://londonlovesbusiness.com/business-news/business/manufacturing/ Business News Wed, 06 Sep 2023 13:19:27 +0000 en-GB hourly 1 https://londonlovesbusiness.com/wp-content/uploads/2020/07/LLB-favicon.jpg Manufacturing News, Analysis & Advice | LondonLovesBusiness https://londonlovesbusiness.com/business-news/business/manufacturing/ 32 32 Manufacturing SMEs think global conditions are worse than during the pandemic https://londonlovesbusiness.com/manufacturing-smes-think-global-conditions-are-worse-than-during-the-pandemic/ Wed, 06 Sep 2023 13:19:27 +0000 https://londonlovesbusiness.com/?p=141797 Bibby Financial Services (BFS) reveals that small and medium sized (SME) manufacturing businesses across the globe are being significantly impacted by current economic conditions. Indeed, four in ten (40%) manufacturers…

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]]> £50k R&D tax credit cash injection helps to combat the impact of soaring raw material and energy costs https://londonlovesbusiness.com/50k-rd-tax-credit-cash-injection-helps-to-combat-the-impact-of-soaring-raw-material-and-energy-costs/ Tue, 22 Aug 2023 07:29:51 +0000 https://londonlovesbusiness.com/?p=140495 Joe Kelly, director at Kelly Welding Services, has received a cash injection for his metal welding and fabrication business worth around £50k through successful R&D claims managed by Research and…

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]]> Applications for engineering jobs tumble as employers struggle to source talent https://londonlovesbusiness.com/applications-for-engineering-jobs-tumble-as-employers-struggle-to-source-talent/ Wed, 16 Aug 2023 09:59:36 +0000 https://londonlovesbusiness.com/?p=140293 Engineering job application numbers have seen a sharp decline, with firms struggling to recruit in an ever-growing skills short environment. That’s according to new research from the Association of Professional…

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]]> One year on, ‘the US Inflation Reduction Act is an opportunity for UK manufacturers’ https://londonlovesbusiness.com/one-year-on-the-us-inflation-reduction-act-is-an-opportunity-for-uk-manufacturers/ Wed, 16 Aug 2023 08:47:31 +0000 https://londonlovesbusiness.com/?p=140270 Britain has an opportunity to expand green manufacturing, secure its supply chains, and develop cheaper safer energy sources if it learns from other countries’ responses to the US’ Inflation Reduction…

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]]> 70% of China’s Shenzhen Stock Exchange market cap is manufacturing sector https://londonlovesbusiness.com/70-of-chinas-shenzhen-stock-exchange-market-cap-is-manufacturing-sector/ Thu, 03 Aug 2023 13:06:08 +0000 https://londonlovesbusiness.com/?p=138322 At the epicenter of China’s economic metamorphosis stands the manufacturing sector, which has risen to prominence in the nation’s financial outlook. The Shenzhen Stock Exchange is showcasing the sector’s remarkable…

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]]> Manufacturing sector saw output fell ‘at the quickest pace since January’ and fastest rate since 2020 https://londonlovesbusiness.com/manufacturing-sector-saw-output-fell-at-the-quickest-pace-since-january-and-fastest-rate-since-2020/ Tue, 01 Aug 2023 11:39:31 +0000 https://londonlovesbusiness.com/?p=138102 The UK’s manufacturing sector saw output fall at it’s fastest rate since July 2020 according to the S&P Global/CIPS UK Manufacturing PMI survey. The PMI survey in July had a…

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]]> Calls for dedicated Minister for Manufacturing to help drive the UK’s Net Zero ambitions https://londonlovesbusiness.com/calls-for-dedicated-minister-for-manufacturing-to-help-drive-the-uks-net-zero-ambitions/ Wed, 05 Jul 2023 12:54:03 +0000 https://londonlovesbusiness.com/?p=136636 The head of manufacturing at Crowe UK, one of the country’s leading national audit, tax, advisory and risk firms, reiterates his call for the Government to appoint a Minister for…

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]]> Manufacturing slumps to six month low as demand plummets https://londonlovesbusiness.com/manufacturing-slumps-to-six-month-low-as-demand-plummets/ Mon, 03 Jul 2023 11:29:02 +0000 https://londonlovesbusiness.com/?p=136501 The manufacturing sector has slumped to a six month low as overseas demand plummets. S&P Global/CIPS UK Manufacturing PMI survey found that input costs fell to the sharpest rate in…

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]]> NatWest London PMI shows sales growth and confidence levels tick higher in May https://londonlovesbusiness.com/natwest-london-pmi-shows-sales-growth-and-confidence-levels-tick-higher-in-may/ Tue, 13 Jun 2023 10:52:11 +0000 https://londonlovesbusiness.com/?p=135589 The headline NatWest London PMI Business Activity Index, a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors – registered…

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]]> Almost 200,000 manufacturing jobs have gone under Tory rule, say GMB https://londonlovesbusiness.com/almost-200000-manufacturing-jobs-have-gone-under-tory-rule-say-gmb/ Thu, 08 Jun 2023 11:37:37 +0000 https://londonlovesbusiness.com/?p=135441 In total, 6.7% of manufacturing jobs lost across UK under Conservative-led Governments with almost 200,000 manufacturing jobs have been lost since 2010, GMB figures show. The damning statistics show 6.7…

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