The Times reports that UK companies are projected to invest $650bn over the next three years in re-establishing manufacturing in the UK. This is due to concerns over geopolitical risks and supply chain disruptions. This was revealed in a survey by Capgemini. Of British firms surveyed, 59% plan to enhance their manufacturing capabilities both domestically and in nearby countries by 2028. Rob Walker, UK managing director of Capgemini, stated that this reindustrialisation “represents a big opportunity for economic growth.”

BFS Comment:

Assuming the conclusions of this survey are accurate this is good news for the UK economy. Maybe we should say “Thank you” to Mr Trump for encouraging more moves to manufacturing in this country!!? If you need help in developing your plans or funding growth then give us a call on 01327 349779. Or complete the enquiry form on our web site and ask for a free consultation.