UK Manufacturing

How Long Can the UK's Balance of Payments Deficit Continue?

John Mills | Posted 19.07.2016 | UK Politics
John Mills

The UK - and therefore its population - is living way beyond its means. We have a Balance of Payments deficit of about 7% of GDP means that, on average, we are all enjoying a standard of living which is 7% higher than we are earning. To support this unrealistic life-style we are either borrowing from abroad or selling assets to foreign interests year after year on a scale unmatched by any other developed country.

Securing a Future for the UK's Foundation Industries

Mathew Lawrence | Posted 24.03.2016 | UK Politics
Mathew Lawrence

The future of the foundation industries is a microcosm of the bigger economic challenges facing the UK. How can we better balance the economy, spatia...

The Real 'Secrets of Cadbury' - Our Passionate Commitment to a Treasured British Icon

Mary Barnard | Posted 22.03.2016 | UK
Mary Barnard

I have the privilege of being the guardian of one of Britain's most loved brands, Cadbury, the nation's favourite chocolate. I am also the UK's number...

The Exchange Rate Is Falling and It's Good News

John Mills | Posted 09.03.2016 | UK Politics
John Mills

If you were to believe the commentariat, the recent falls in the pound are a complete disaster. According to many, we are on the edge of an economic abyss. Our country is about to be plunged into financial turmoil. And, worst of all it would seem, our summer holidays abroad have become a bit more expensive...

A Manufacturing Slump Is Impacting the UK Economy - What Must Be Done?

Simon Thomas | Posted 02.12.2015 | UK
Simon Thomas

The United Kingdom has a long and proud history of manufacturing. The Industrial Revolution helped put the 'Great" into Britain and put this country a...

As Companies Embrace the Circular Economy, Are They Missing a Trick?

Robin Boles | Posted 21.10.2015 | UK
Robin Boles

Our approach to using natural resources has changed dramatically over the last 10 years, with companies becoming more aware of the need to shift from ...

Service Exports - Clearly Visible

Nora Senior | Posted 20.05.2016 | UK
Nora Senior

As a UK service exporter, I feel somewhat aggrieved. Overlooked and invisible. Despite the strong and strengthening performance of service sector exports, we are often perceived as the poor relation to manufacturers. Indeed the government usually refers to the service sector as 'invisible exports', quite apt when considering where the focus of current investment is placed.

Getting Out and Being Global

Stuart Rock | Posted 18.05.2016 | UK
Stuart Rock

Most owner-directors of companies will recall 2008 without much pleasure. I'm one of them. It was the year when the credit crunch bared its teeth, Lehman Brothers collapsed, and the global economy spiralled downwards. And as for 2009...Well, that was a write-off year for many small businesses.

Millions To Visit Fake Medieval Cloth

The Huffington Post UK | Paul Vale | Posted 21.04.2015 | UK

A piece of cloth scientifically proven to have no connection to Biblical times has gone on display in Italy, with millions expected to make the pilgri...

Historically Innovative: Heritage Brands, Thoroughly Modern Methods

Jon Wood | Posted 14.03.2015 | UK
Jon Wood

Surprise your customers with something new, and suddenly you'll capture attention. The impact of this surprise innovation is always greatest with traditional brands, simply because no one expects it.

Rocket Man: It's Easy to Watch the Rosetta Mission and Be Impressed, but Why Not Try Your Own Project?

Craig Tickle | Posted 10.03.2015 | UK Tech
Craig Tickle

One of my college lecturers challenged us with what felt like an impossible task - take a picture of the curvature of the Earth, using items costing less than £100.

The Historical Context and Contemporary Relevance of PM Modi's 'Zero Defect, Make in India' Vision

Abhaey Singh | Posted 28.11.2014 | UK Politics
Abhaey Singh

Given China's continuation of a broadly Anglo-Saxon model of economics and manufacture, instead of one derived from her own exemplary past - which in turn equates to a lost opportunity for all global consumers - the inherent 'Indianess' of Prime Minister Modi's manufacturing vision may ultimately be good news for all of us.

Britain Needs to Invest In Itself

John Mills | Posted 01.11.2014 | UK Politics
John Mills

When all things are taken into account, the UK is investing almost nothing in its economic future. The Coalition government may have conjured some temporary growth, but this will disappear without much more new investment and if we want to avoid long-term decline we need to act right now. The hard fact is that productivity growth in the UK has ground to a halt and there's a very simple reason for this: the UK, for the first time since the start of the Industrial Revolution, has virtually stopped investing in the type of economic activities which are capable of delivering increases in output per head of the population.

Osborne's 'March Of The Makers' Is Really Flagging

The Huffington Post/PA | Posted 01.09.2014 | UK Politics

British manufacturers were "walking rather than running" in August as new figures today showed the sector endured its worst performance in 14 months. ...

How Can the UK Get Its Exchange Rate Down?

John Mills | Posted 11.10.2014 | UK Politics
John Mills

In the UK we have real difficulty in facing up to having, arguably, the most overvalued currency in the world. We need to get our exchange rate down or we'll never secure sustainable long-term growth. But how does a government make this happen?

Osborne's 'March Of The Makers' Slips To Slowest Pace This Year

The Huffington Post/PA | Posted 01.08.2014 | UK Politics

The impressive recovery by Britain's manufacturers slowed last month as new figures pointed to the sector's weakest performance in a year. Data fro...

Industry 4.0: A Driver of Innovation for Europe

Prof. Dr. h.c. Roland Berger | Posted 28.09.2014 | UK Tech
Prof. Dr. h.c. Roland Berger

If Europe wants to get a good start in this future market, it has to lay the foundations now, and become active first and foremost on three fronts: in infrastructure, in education, research and development, and in the support and financing of startups.

Britain's Unimpressive and Dysfunctional Recovery

Philippe Legrain | Posted 24.09.2014 | UK Politics
Philippe Legrain

Hurrah: the British economy is now bigger than it was before the crisis! We're doing much better than our critics predicted and better even than our competitors. It's yet more proof that our austerity policies were right all along. Vote Conservative next year.

The Political Cost of Economic Mismanagement

John Mills | Posted 22.09.2014 | UK Politics
John Mills

The extent to which the UK and most of the rest of the Western world are currently mismanaging our economies clearly has a huge financial cost. In the longer term, however, the political cost will be even greater than the economic price - unless we see radical changes in policy. The failure of the West to deliver a reasonable economic performance - combined with the related problem of widespread inability to get difficult decisions taken - has led an increasingly large number of people across the world to consider whether more authoritarian of running modern diversified economies might work better than those based on liberal democracy.

Miliband to the Rescue?

Jamie England | Posted 07.09.2014 | UK Universities & Education
Jamie England

The Germans have bigger and better industry and produce quality goods from pharmaceuticals to lignite. In England, the people that could be achieving so much in these kinds of industry are pissing around at university and messing up the job market for serious graduates.

What Are the Prospects for the UK Economy in 2015?

John Mills | Posted 30.08.2014 | UK Politics
John Mills

The next general election will be held in May 2015. No-one can foretell the outcome. But it is much easier to anticipate the economic prospects that will be faced by whichever party or combination of parties wins power.

Let's Make It British

Mary Portas | Posted 12.08.2014 | UK
Mary Portas

Supposedly manufacturing-free regions of the UK seem to actually have rather a lot of people making things. I know it's frustrating for the headline writers who would rather it wasn't the case, but the North West employing 340,000 people and making £20billion of goods in 2013 just doesn't follow the narrative does it? And what are 125,000 Geordies doing making £6.4 billion of stuff? I thought the paper said they were all strolling around the Quays pissed up and half naked in all weathers. British manufacturing is alive, it's well, it's kicking and it's cool.

Science and Innovation Have to be at the Heart of 2015 Election Manifestos If the UK Is to Maintain Economic Growth

Bill Westwater | Posted 12.08.2014 | UK Politics
Bill Westwater

As the political parties finalise their manifestos for 2015, helping science and technology start-ups and facilitating the commercialisation of university research has to be at the heart of economic policy if we are to gear the UK for growth.

No Long-Term Hope for UK Unemployment Without a Lower Exchange Rate

John Mills | Posted 09.08.2014 | UK Politics
John Mills

If we could rebalance our economy so that we could pay our way in the world, removing the constraints which are the cause of the lack of sufficient job opportunities in the UK, there is no reason why we should not be able to get back to around 3% unemployment, reducing the true numbers for those out of work over a period of time from nearly five million to perhaps one million.

The Real Skills Shortage in UK Manufacturing is Leadership

James Burwood | Posted 06.08.2014 | UK
James Burwood

"UK Manufacturing growth threatened by skills shortage" screeches the boringly repetitive and lazy headline. I keep seeing this story and I take issue with it for a number of reasons...