newsUK MANUFACTURERS remain confident about their future prospects, despite rising energy costs and ongoing geopolitical uncertainty. Barclays Business Prosperity Index research among manufacturing leaders shows businesses are responding by investing in automation, taking a longer-term approach to planning and pursuing opportunities across defence, national security and critical infrastructure.
newsInvesting an additional £1.2bn into manufacturing processes, to increase robotics and automation over the next decade could add as much as £60.5bn to the UK economy, forecasts research from Barclays. This is equivalent to nearly two fifths of the manufacturing sector’s value to the economy today.
newsInvesting in energy tech could reduce manufacturing’s energy consumption by a third by 2025, and boost economy…
newsUK manufacturers could inject an additional £2.56bn into the UK economy, cut energy consumption by nearly a third (31.6%) and boost their energy resilience by increasing investment in energy technology over the course of the next decade, according to the findings of a new report by Barclays.
newsNew research from Barclays Corporate Banking shows that only 6% of Generation Z (16-23 year- olds) are considering a career in manufacturing. Almost half (47%) state this is because the career path does not appeal to them, or they do not believe they have the skills required (35%) for the role.
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