Manufacturing SMEs set to target growth and investment

Posted on 26 Sep 2022 by The Manufacturer

A significant majority of UK manufacturing SMEs are predicted turnover growth in the next 12 months, new research from Paragon Bank has found.

A survey of over 1,000 SMEs, conducted by Opinium on behalf of Paragon found that, despite wider economic challenges, 45% of firms in the sector are expecting turnover to increase, with a further 30% planning for it to stay at its current level. Optimism within the sector is matched by plans for investment, with 55%…

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