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Spring Budget 2024 – Manufacturing Sector Commentary

Menzies

Menzies LLP - A leading chartered accountancy firm. 50m Apprenticeship Growth Sector Pilot The lack of skilled labour impacts on productivity and the competitiveness of the UK manufacturing sector, and with this in mind the £50m Apprenticeship Growth Sector pilot for advanced manufacturing is a positive step.

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Autumn Budget 2024 Commentary: Manufacturing

Menzies

Menzies LLP - A leading chartered accountancy firm. Innovation – as this is integral to the continued success of UK manufacturing. Committing over £2 billion in R&D and Capital funding over 5 years to support the automotive sector, including the zero emissions vehicle manufacturing sector and supply chain.

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UK Manufacturing: Attractive & Stable

Menzies

Menzies LLP - A leading chartered accountancy firm. The United Kingdom has long been a hub for manufacturing, with a rich history of industry and innovation. Skilled workforce One of the main factors that make the UK an attractive location for manufacturing is its skilled workforce.

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Autumn Budget 2024: Manufacturing

Menzies

Menzies LLP - A leading chartered accountancy firm. As the Autumn Budget nears, Menzies’ Manufacturing sector team have compiled a Wishlist for the sector, covering key areas such as a government tax roadmap, full expensing, innovation, and education investment for the sector.

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MANUFACTURING SECTOR CHALLENGES

Menzies

Menzies LLP - A leading chartered accountancy firm. TECHNOLOGY Manufacturers need to utilise the latest technology to stay relevant, innovative and competitive. Manufacturers who are able to respond with agility to a fluctuating supply chain will increasingly stand out from their competitors. Embracing Industry 4.0,

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Autumn Budget: UK Manufacturing Wishlist

Menzies

Menzies LLP - A leading chartered accountancy firm. We’re eagerly anticipating the forthcoming Autumn Statement and the potential policy changes that could benefit the UK manufacturing industry. Find out more about our Manufacturing services here. What are our key recommendations?

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What does the Manufacturing sector stand to gain from this Autumn Statement?

Menzies

Menzies LLP - A leading chartered accountancy firm. Apprenticeship growth sector pilot: The government is committing £50 million to deliver a two-year apprenticeships pilot to explore ways to stimulate training in growth sectors including manufacturing, and to address barriers to entry in high-value standards.