South West bucks UK manufacturing decline as aerospace and defence firms report 'strong' start to 2025
Aerospace and defence firms in the West of England are experiencing "very strong demand" for business, bucking a wider UK decline in manufacturing, according to a new report.
Manufacturers across the region have reported a strong start to the year, the survey by national manufacturing body Make UK and business advisory firm BDO found.
Both output (+32%) and orders (+39%) were positive, with the forecast set to improve further in the next quarter. As a result, companies are looking to hire more staff with recruitment intentions increasing from +5% to +21% over Q2, the report said.
Capital expenditure plans are also significantly ahead of the national picture at +32%, while the South West's renewable energies secto
Recommend
Rolls-Royce shares could rocket 50% after stellar two-year rally, analysts claim
2025-03-23 01:12:59
2025-03-23 01:12:59
Airea looking to benefit of multimillion-pound investment effort as sales grow
2025-03-23 01:12:59
2025-03-23 01:12:59
Penarth headquartered global diagnostics firm EKF appoints new CEO
2025-03-23 01:12:59
2025-03-23 01:12:59
Nissan reveals new European range including Sunderland-built Leaf and Juke - and a comeback for the Micra
2025-03-23 01:12:59
2025-03-23 01:12:59
Bentley issues warning over China demand as profits and revenue fall
2025-03-23 01:12:59
2025-03-23 01:12:59
Losses widen at SIG plc as it tackles 'ongoing challenging' trading conditions
2025-03-23 01:12:59
2025-03-23 01:12:59
North East automotive sector could see thousands of jobs created once current 'turbulence' is overcome
2025-03-23 01:12:59
2025-03-23 01:12:59
UK economy still in the doldrums as manufacturing slump deepens
2025-03-23 01:12:59
2025-03-23 01:12:59
Cranswick beefs up margins targets as it partners with Sainsbury on £61m project
2025-03-23 01:12:59
2025-03-23 01:12:59
Rockwool takes next step towards new Birmingham factory
2025-03-23 01:12:59
2025-03-23 01:12:59
