The latest monthly CBI Industrial Trends Survey reports that UK Manufacturing output looks promising. They suggest that output has increased strongly and faster since the end of 2017. According to CBI, growth was broad-based, with output increasing in 14 out of 17 sub-sectors. Among the top performers are food, drink and tobacco and mechanical engineering.
Total order books show similar, healthy levels resembling that of December 2017. Exports remained stable, well above average and in line with the past 16 months. Output price expectations for inflation softened to the weakest in almost a year while stock levels moved below average. It hasn’t been smooth sailing as the UK Manufacturing sector faced some serious challenges.
While the CBI believes manufacturers will continue to benefit from robust external demand and the lower exchange rate, overall economic growth is expected to remain subdued. This comes as a result of weak consumer income growth and the continuous uncertainty stemming investments. Continue reading →
The electric vehicle industry is forever growing and now reaching the aviation world with start-up, Zunum Aero. The Boeing and JetBlue-backed company plans to launch their hybrid electric plane by 2022 flying 12 passengers 500 miles. Ambitious maybe but according to reports, Zunum Aero is well on the way to achieving their goal.
Earlier this month JetSuite signed up as the launch customer for Zunum’s first hybrid electric plane. The Southern California charter air service announced a deal to Continue reading →
Subcon Show 2018 is mere weeks away and this year may be the biggest event yet. UK’s premier subcontract manufacturing supply chain show will run alongside The Engineering Expo, a free to attend 3-day educational program.
Thursday 5 June sees the 2018 Subcon show kick off at the Birmingham NEC displaying the best of British manufacturing. Network with top industry leaders and international suppliers looking to help UK manufacturers optimise their supply chain strategies. Continue reading →
Aviation and aerospace technology has been at the forefront since the Concorde but now, there’s this. A supersonic jet that could travel at 1513 km/h (940 mph) considerably shortening commercial flight times. NASA has signed a deal with Lockheed Martin to develop a supersonic “X-plane” that could break the sound barrier but with one major difference – no sonic boom. Continue reading →
Modular construction is the process where prefabricated buildings are constructed off-site and then later delivered for assembly. If you think small homes or large apartment blocks, you’d be correct on both accounts. Modular buildings are all around us and particularly popular with hotels and student residences due to the associated advantages. For the most part, the same stringent building processes apply but with two major differences; lower construction costs and projects can be completed in nearly half the time. Continue reading →