Small and medium-sized manufacturers in England have been hit particularly hard by the Covid-19 pandemic, with 87% of companies identifying a significant decrease in production volumes.
The latest Manufacturing Barometer suggests a worrying diagnosis for SME manufacturers, with many businesses reporting reduction in volumes, potential job cuts and confusion around government support. Almost 90% of the more than 330 respondents across England expect sales to drop over the next six months, while more than half predict the need to cut staff – despite the…
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