Economic uncertainty contributes to manufacturing slowdown

Manufacturing output in the West Midlands fell in the last quarter according to a joint survey from the employers organisation EEF and the accountants BDO. Falling demand, weaker construction industry supply chain, and political uncertainty in some global markets mean…

West Midlands manufacturers ‘among most financially stable’

West Midlands manufacturing companies are continuing to outperform the majority of their regional counterparts as new research reveals that they are among the most financially stable in the UK. May figures compiled by insolvency and restructuring body R3’s Midlands branch,…

West Midlands outperforming other manufacturing regions

West Midlands manufacturing businesses are outperforming their regional counterparts – as new research reveals they are among the most financially stable in the UK. February figures compiled by insolvency and restructuring body R3’s Midlands branch, using Bureau Van Dijk’s Fame…

UK car production hits eight-year low as consumer confidence dips

UK car production declined for the first time in eight years in 2017, according to latest figures. In total, 1,671,166 vehicles rolled off production lines last year, a 3% decrease on 2016 and the first decline since the depths of…

Manufacturing sector set to bolster Greater Birmingham in Q1

A resilient manufacturing sector is set to bolster Greater Birmingham from the economic headwinds which caused so much unrest during 2017. The Q4 economic survey from the Greater Birmingham Chambers of Commerce (GBCC) suggested that increased orders for manufacturers would…

Manufacturing growth jumps to four-year high

The sector looks set to deliver a boost to a wider economy which has been held back by the squeeze on household finances. Britain’s factories enjoyed their strongest growth for more than four years last month thanks to an upturn…

UK now world’s eighth largest industrial nation

Britain’s manufacturing renaissance has continued, with the announcement that Britain is now the eighth largest manufacturer by output in the world – less than a year after it climbed to ninth. New data shows that Britain is now the eight…

UK Manufacturing Demand at Level Last Seen in ’80s

The order books of UK manufacturers are at a multi—decade high, according to the CBI’s latest Industrial Trends Survey. The survey of almost 500 UK manufacturing companies found that total order books climbed to the highest level since August 1988….

IoT spending could top $800B this year with Manufacturing a key sector

Research firm IDC has released updated spending estimates for the Internet of Things. Overall, IDC expects IoT spending to grow 16.7 percent year-over-year in 2017, reaching just over $800 billion. By 2021, global IoT spending is expected to total nearly…

UK manufacturing boosted by surge in demand for British goods

Output is on track for its fastest growth since 2014, with a weaker pound driving overseas demand for UK goods, a survey shows. Britain’s manufacturing industry remains strong, with exports up as UK trade continues to enjoy a boost from…