Manufacturing continues to play a vital role in the UK economy. According to MAKE UK, the sector contributes around 10% of the UK’s GDP, provides 14% of private sector employment, and accounts for 45% of all UK exports.
In recent years, manufacturers have faced ongoing pressures around costs, productivity, and the need to adapt to digital and environmental changes. But with the Chancellor announcing a renewed focus on growth through a new Industrial Strategy, there are clear signs of opportunity ahead.
Changing priorities in manufacturing
Across our client base, we’ve seen manufacturers adapting in several key areas, including:
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Digital transformation: investing in innovation, machinery, and production technology to improve efficiency and support the transition to net zero.
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People and skills: reviewing pay and training structures in line with new legislation, and planning for future skills needs.
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Sales and marketing: building brand awareness, exploring export markets, and adopting new strategies to reach customers.
These investments are helping manufacturing businesses strengthen their resilience and prepare for long-term growth.
Making the most of local support
If you’re looking to expand or modernise, there are a range of local and national initiatives that could support your plans.
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Business Advisory Boards – many local authorities and city regions run these forums, giving you the chance to contribute to policy discussions and connect with key stakeholders.
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Grant support – programmes like Made Smarter can help fund digitalisation projects, while Sustainability or Clean Growth Business Advisors can guide you on reducing waste and energy use.
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Training and export support – the Export Academy offers free training for businesses looking to grow overseas, and the Department for Education provides guidance for employers on hiring apprentices.
Exploring these opportunities could help you access funding, upskill your workforce, and build stronger networks within your local business community.
Supporting your funding needs
We know that manufacturing businesses operate in a fast-moving environment where access to cash flow is essential for investment and stability.
Through our funding platform, we have access to over 100 UK lenders offering a wide range of short and long-term finance options. Whether you’re investing in equipment, expanding your facilities, or managing working capital, we can help you find the most suitable funding solution.
For more information about any of these areas, please contact Sarah Hartshorn.
