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 →
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 →
Flying cars have been in the news all over the world and competition is rife to produce the first commercial model. Besides finding the perfect balance between road and air capabilities, companies need to contend with legal, safety and regulatory issues. At this year’s Geneva Motor Show, Dutch company PAL-V certainly raised some eyebrows with their road-legal Liberty flying car.
Firmly in the driving seat of innovation, the PAL-V Liberty is set to undergo compliance demonstrations after the Geneva Motor Show. This is the final step in the certification process where we could very well see the world’s first flying car take to the skies as early as 2019. Continue reading →
Transport is changing rapidly at what seems to be on a daily basis. From the Hyperloop One, autonomous ships, self-driving cars to flying taxis and now, a high-performance maglev train. We’ve come so far in the last 5 years alone, it’s hard to imagine what will be next.
Elon Musk has already provided some insights with the Hyperloop One and now it’s time for China to shine. Let’s be honest, they’ve always been known for their impressive railway systems and outrageously fast trains. Their high-speed rail certainly remains one of the most Continue reading →