Manufacturing is a vital sector for the British economy, known for its innovation and resilience. UK manufacturers are known for their ability to provide cutting-edge solutions to society’s most pressing challenges.
However, a combination of economic challenges has put many manufacturing companies in a precarious position. As a result, business confidence, investment, and employment intentions are declining, and rising costs are becoming a significant threat to some businesses.
Make UK CEO Stephen Phipson CBE provides insight on the current state of the industry.
Accrol Group Holdings plc (LON:ACRL) is the UK’s leading independent tissue converter, producing toilet tissue, kitchen towel, facial tissue and biodegradable wet wipes. The UK soft tissue market is worth £1.6bn with private label products comprising circa 50%. Accrol is the leading supplier to the private label market, which is growing at over 8% year on year.