£4.5 billion funding for UK Manufacturing to increase investment in 8 sectors

UK manufacturers achieved a total production value of £150.9bn in the third quarter of 2024, marking a £1.9bn increase from Q3 2023. This 1.2% year-on-year growth occurred despite a smaller workforce, highlighting improved efficiency across the

In October 2024, S&P Global’s UK Manufacturing Purchasing Managers’ Index (PMI) indicated a slight decline, dipping below 50 for the first time in six months. The PMI posted a figure of 49.9, down from September’s 51.5

Manufacturing in the UK saw a slight downturn in October, with the latest CIPS UK Manufacturing Purchasing Managers’ Index (PMI) dropping to 49.9 from 51.5. This figure, falling below 50 for the first time in six

Likewise PLC has made a strong impression in the resilient and dynamic flooring sector, a market bolstered by consistent demand across residential, commercial, and industrial domains. Flooring, as an integral part of construction and renovation, has

The Labour Party’s industrial strategy has won significant backing from Make UK, the country’s leading trade body representing the manufacturing sector. Make UK is optimistic that a well-implemented plan could drive substantial investment and encourage reshoring

Likewise, a floor coverings distributor, has reported an increase in sales for the first half of 2024, reflecting its ongoing commitment to investment in various aspects of the business. The company’s unaudited interim results, which cover

UK manufacturing continued to grow steadily in September, with output and new orders both increasing. The domestic market remained the key driver behind this expansion. However, there were signs of caution among decision-makers, with the upcoming

The Likewise Group is making steady progress towards its medium-term growth objectives, as shown by its recent half-year figures. For the year ending June 30, 2024, the UK floor coverings distributor saw a 6.2% increase in

UK manufacturers have yet to experience a noticeable improvement following the recent change in government, though many remain hopeful that the new political environment will foster better economic conditions in the future. According to the Q3

The UK’s manufacturing sector demonstrated resilience in August, according to a recent report by S&P Global. The Manufacturing Purchasing Managers’ Index (PMI) held steady at 52.5, unchanged from the preliminary estimate and slightly up from 52.1

UK manufacturing experienced its strongest growth in over two years in August, with easing inflationary pressures for businesses and consumers, according to new data. The S&P Global UK manufacturing PMI survey showed a reading of 52.5,

UK manufacturing showed further signs of recovery in August, with increases in output, new orders, and employment. The latest data from the S&P Global UK Manufacturing Purchasing Managers’ Index (PMI) revealed a rise to 52.5, a

Choosing the perfect floor for your home or design project is more than just a practical decision; it’s about creating a space where comfort and aesthetics blend seamlessly. One of the first questions you’ll face is

Greater stability following the recent general election is helping to boost confidence within the manufacturing sector, according to Ginni Cooper, a partner at the accountancy and advisory firm MHA, which has an office in Kendal. This

The UK Purchasing Managers’ Index (PMI) for the manufacturing sector reached 52.1 in July, marking an 18-month high, as reported by financial services company S&P Global. This rise indicates a strengthening in output and new orders,