The UK automotive industry remains resilient despite ongoing uncertainty presented by the global economy and the UK’s future relationship with the EU, according to new research released today by Lloyds Bank Commercial Banking.
Lloyds Bank’s third annual survey of the UK automotive manufacturing sector and its supply chain analyses the state of the industry today, alongside the opportunities and challenges it faces in the future. Investment & growth The research revealed average investment over the next two years is due to hold firm at 19% of turnover and…
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