Even though the British manufacturing sector is the ninth-largest in the world, Brexit has already had an impact and it could get even worse. Factories in Britain have suffered a sixth consecutive month in October showing fewer new orders thanks to the ongoing Brexit uncertainty. The industry is facing a tough future with weakened global demand for UK manufactured goods and employment issues.
According to an industry survey, Brexit has not only affected demand but also an increase in job losses. The survey was conducted before the announcement of the election which reflects two months of preparations for leaving the EU on 31 October. Of course, we all know what happened with that story.
Engineering in any sense of the word is a rewarding and
exciting career that plays a vital role within the UK economy. Mechanical engineering
is all about designing, developing, testing and manufacturing materials for a
wide variety of industries and applications.
A Mechanical Engineer is responsible for anything from
building engine components and maintaining industrial equipment to servicing
robotic machinery. In this article, we briefly cover aspects of mechanical engineering
along with essential tips for graduates seeking a career within the industry.
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 →
A new research study by A.T. Kearney and HP Inc has revealed some interesting data. The UK is placed fifth overall in adopting 3D printing and additive manufacturing behind the US, Germany, Korea and Japan. Within Europe, Britain came in second only behind Germany (placed second globally), and ahead of Sweden (eighth), France (ninth), and Italy at twelve.
According to HP Inc, Germany is the only European country with a more positive environment for the technology to transform manufacturing. Although we’ll see some positive data on 3D printing and additive manufacturing, it’s not all sunshine and roses. Continue reading →
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 →