UK Manufacturing has continued its upward trend and toward the end of 2017, was named the eighth largest manufacturer by output in the world. This came less than one year after claiming ninth spot. Reports from EEF and Santander shows the nation’s annual output is worth nearly $250bn. If this current growth continues, UK Manufacturing could be in the top five as early as 2020. Continue reading
Engineers are always in high demand and none more so than in advanced engineering. Looking to the future, the industry will need about 186 000 engineers by 2024. Another report, according to The Telegraph, suggests the UK is grossly lacking skilled engineers and would need 1.8 million new engineers and technicians by 2025.
Whichever way you look at it, these are big numbers to swallow. Engineering is not only central to ensure economic growth, it plays a vital role in global challenges. Among these are climate change, food security, health and safety, biodiversity, population and water security. Adding to the increased number of opportunities, engineering can yield significant financial reward. Continue reading
We’re just getting to the end of the year and on the face of it UK manufacturing seems to have weathered the initial Brexit storm. There will undoubtedly be ups and downs over the next couple of years as well as uncertainty whilst the exit terms are negotiated.
Can you foresee what’s going to happen and be ready for every eventuality? Of course not! All you can do is make sure that you keep an eye on what’s going on and keep up with how the latest developments could have an impact on your business. There is little point in panicking and making huge changes until the unknown becomes known. By all means review things to see where you might need to change policies and processes if certain scenarios come into play. You may even go so far as to get some documents drafted and approved for use so that they can be brought into play immediately should your anticipated change become a reality. And for some of the big manufacturers who have many European offices and employees from other European countries in place, that is, in all likelihood happening right now. Continue reading