Natwest: thousands of UK manufacturing firms unprepared for the future

Posted on 22 Feb 2016 by Fred Tongue

UK Manufacturing is very different – and in many ways far more exciting – than many people outside industry perceive - industrial strategy.

A new report form NatWest outlines some of the biggest threats faced by the UK manufacturing industry.

According to a new report by NatWest, the biggest issues facing UK manufacturing are: unsupportive ecosystems out-dated business models increased competition from abroad taking up technology too slowly

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The findings come from a year-long consultation programme – Future Fit – looking at the future of industry by the bank’s specialist manufacturing team. The report…