Manufacturing events: UK expansion

At manufacturing events this year confidence in the sector will be at an all-time high after results showed further growth.

Yet a recent report has urged the Government to look beyond "making things" and focus on services.

The Work Foundation report is published today, and is a direct response to Chancellor George Osborne’s statement last year that he wants to see a manufacturing revival.

The Foundation believes that the British government must promote services as well as the making of goods.

Manufacturers such as Rolls-Royce generate huge income from license sales and service contracts.

UK manufacturing production grew in January by the most in 10 months, and the sector leads the way in the economic recovery.

However the Foundation said the UK could not compete with China on manufacturing without “severe” reductions in wages.

Marcus Evans presents manufacturing events, created by experienced professionals and with information presented by industry experts.