The future of UK manufacturing debate heats up at the PPMA Total Show 2016

摘要

The UK manufacturing industry looks to the future with baited breath following the results of the EU referendum. As the wider UK economy remains unpredictable, the results of the referendum could represent a unique opportunity for the manufacturing sector should businesses consider the tactical, short-term implications and realise the importance of maintaining a focus on long-term strategic planning. This will no doubt be one of the hot topics discussed at this year's PPMA Total Show which once again takes place at the NEC, Birmingham on 27th - 29th September According to KPMG's EU Referendum advisory, manufacturers should be buoyed by the possibility that in the long term this result could lead to new opportunities for their businesses. A drop in the value of the pound could make the UK a magnet for trade, especially with the UK government looking to build relationships with the rest of the world outside of Europe. In addition, the need to reshape trade policy may result in quicker decision making, and reduced red tape that has previously hampered manufacturing when looking to export goods.