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October 20, 2021
The headline CPI rate was down slightly from the 3.2 per cent recorded in August, despite analysts expectations it would hold steady.
October 20, 2021
The stern warning came as research found households expected to end up paying as much as £23 more per week for food, non-alcoholic drinks, electricity, gas and motor fuel by the end of the year.
October 19, 2021
Petrol prices have surged to a near-record high as Food and Drink Federation chief executive Ian Wright warned ministers to think seriously about inflation which is running between 14 and 18 per cent.
July 19, 2021
July 19, 2021 LONDON: Political uncertainty caused by leaving the EU was beginning to be felt by manufacturers even before the departure and signing of the trade deal last year, new research suggests. Manufacturing firms were seeing their dependence on the EU as an export market decline even before the impact of Brexit, said Make UK and business advisory firm BDO LLP. Their study indicated that only firms in the West Midlands and Scotland saw the share of exports to the EU increase slightly la...
June 14, 2021
British manufacturers, spurred by rapidly increasing new orders, have stepped up their plans for hiring and investment as the economic recovery from the COVID-19 pandemic takes hold, an industry survey showed on Monday.
May 28, 2021
Prime Minister Boris Johnson urges UK SMEs to make net-zero commitments Prime Minister Boris Johnson has issued a rallying call to the UKs small and medium-sized (SME) businesses to make small steps to reduce emissions and contribute to the UKs net-zero target for 2050. Businesses that sign up will receive climate-related support from the likes of NatWest, Google, Scottish Power and BT The campaign has been set up to encourage SMEs and microbusinesses to commit to cutting their emissions in hal...
May 10, 2021
10 May 2021 Professional Engineering Apprenticeships in the UK manufacturing sector can address the yawning skills gap we face, and aid the government in its ambition to level up (Stock image credit: Shutterstock) Thousands of opportunities to train new manufacturing and engineering apprentices were missed last year as £1.039bn in apprenticeship levy funds expired. The money, which could have provided vital training to fill jobs as the country comes out of lockdown, went ...
May 7, 2021
Royal Marines test jet suit and Starship nails landing: 10 top stories of the week 07 May 2021 Professional Engineering A jet suit pilot flies from an inflatable boat to a larger ship during a Royal Marines exercise with Gravity Industries (Credit for YouTube screenshot: Gravity Industries) Starship nails the landing A prototype of SpaceX’s Starship rocket finally stuck the landing after another high-altitude flight test. The SN15 craft touched down softly following the six-minute...
April 14, 2021
New coalition to help UK SMEs align with net-zero amid Covid-19 recovery After research revealing that most UK SMEs face challenges relating to jargon and finance in the low-carbon transition, a new initiative has been launched to offer support. Research has shown that SMEs would like more practical support from trade bodies and the Government on the road to net-zero Members of the new Zero Carbon Business Partnership include the Federation of Small Businesses, British Chambers of Commerce, Bri...
March 1, 2021
3 Min Read LONDON (Reuters) - British manufacturers reported their slowest output growth since May last month, hit by Brexit and COVID-19-related delays, and consumers cut back heavily on borrowing in January as they returned to lockdown. FILE PHOTO: Workers assemble cars at the plant for the Mini range of cars in Cowley, near Oxford, Britain June 20, 2016. REUTERS/Leon Neal/Pool/File Photo Britain’s economy is set to shrink sharply in early 2021 though manufacturers are upbeat abou...