Did you see the programme on ITV last night? ‘Is Britain Back in Business?’
The programme took at look at what it called a ‘revival’ in British manufacturing, and whether we have a sufficiently skilled workforce for manufacturing to really be ‘back in business’ in Britain.
It’s a subject we have touched on before following recent presentations from the EEF, MAS and the Bank of England, which have highlighted the trend to ‘re-shoring’. MAS’s most recent national barometer on the state of UK manufacturing found that 15% of respondents are bringing production back to the UK, against 4% who are moving it offshore.
The main reasons are increasing labour costs in China, transport costs, exchange rates, lead times and quality. There is also a growing resurgence of the ‘Made in Britain’ brand and awareness of its value in selling to markets around the world.
As a UK metalwork engineer and fabricator in Barnstaple, Dymond Engineering and Metal Products is well placed to benefit from the return of metal product fabrication to the UK, offering value for money, high quality and responsive lead times. But there is a concern that growth nationally will be impeded by a shortage in skilled labour, particularly as the economy returns to growth.
Fortunately here in North Devon there is a vibrant apprenticeship programme with strong links between Petroc college and the North Devon Manufacturers Association and employers. How is it where you are? And are you experiencing the ‘revival in British manufacturing’? Use the Contact Us box to let us know what you think.