2023 was a challenging year for UK manufacturing, with the sector experiencing the second-highest number of administrations of any business sector in the country during the first six months. Prof Matt Boyle OBE, Executive Chair, Driving the Electric Revolution Industrialisation Centres, looks ahead to a crucial year in 2024.
The disruption within UK manufacturing in 2023 isn’t surprising given the challenging set of circumstances manufacturers are facing including soaring energy prices, material costs and inflation. The industry hoped to start this year in a more favourable position with data showing factory outputs increased for the first time in months last November when the government…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
