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News

5th annual MHA Manufacturing and Engineering Survey

Carpenter Box : 07 July, 2016  (Company News)
This survey is launched by Gatwick-based, Carpenter-Box and sponsored by Lloyds Bank. Contributors are invited to complete the survey before 5 August 2016. Contributors will receive an invitation to a follow-up event where the findings will be discussed and good practice shared.

Previous surveys have become lead reports used by many in the industry, parliament and beyond to gain an insight into the opportunities and challenges the sector faces, with a particular focus on SME businesses.

The post EU-Referendum the world has changed. The UK sits amidst a political vacuum and an economic maelstrom - but where does that leave business and business planning and investment?
 
The environment for manufacturers and engineers is particularly complex. The drop in the value of the pound should make the price of our products more attractive in world markets – a point made recently by the Mark Carney, Governor of the Bank of England.  However, the increase in the cost of raw materials and in time, energy may cancel that advantage out. Throw in interest rates, funding concerns, possible tariffs on BREXIT and worsening skilled labour shortages (if free movement disappears) and where does that take things?

Once the data has been analysed, contributors will receive a comprehensive report with commentary, case studies and analysis on the state of the M&E Nation from Professor Rajkumar Roy, Director of Manufacturing at the University of Cranfield and Philippa Oldham, Head of Manufacturing and Transport at the Institution of Mechanical Engineers. A copy of the final report will be found at www.carpenterbox.com/me-survey.
 
Ex engineer Chris Coopey, the Partner who heads Carpenter Box’s Manufacturing, Engineering and Technology Group commented:
“Over the past five years the survey has gone from strength to strength. This year, more than any other, the data we collect should help us to signpost the real issues around BREXIT for the sector as well as the opportunities. Our job is then to use the findings to do everything we can to help the sector grow in the face of what are very interesting times”.

 

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