UK manufacturing output now worth £192bn – world’s ninth largest manufacturer

Posted on 16 Sep 2019 by Jonny Williamson

The annual analysis of the sector published by Make UK and Santander demonstrates the vital importance of manufacturing to the success of the UK economy overall.

Manufacturing accounts for two-thirds of overall research and development (R&D), almost half (45%) of total exports, and 15% of business investment. The sector provides 2.7 million jobs – many of which are high value and highly skilled. The latest analysis also smashes the myth that careers in industry are badly paid (something The Manufacturer has…

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