Manufacturing Industries

Department for Business and Trade written question – answered am ar 16 Mai 2024.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Lord Taylor of Warwick Lord Taylor of Warwick Non-affiliated

To ask His Majesty's Government, following the S&P Global UK Manufacturing Purchasing Managers' Index survey published on 1 May, which showed contraction in the manufacturing sector in April, what support they are providing to this sector to boost growth.

Photo of Lord Offord of Garvel Lord Offord of Garvel Parliamentary Under Secretary of State (Department for Business and Trade)

The UK’s manufacturing sector is showing resilience, despite challenges such as supply chain disruptions in the Red Sea.

According to the OECD, since 2010 the UK has had the fastest manufacturing productivity growth in the G7. Make UK’s Q1 Manufacturing Outlook Report, published at the end of March, showed increased investment and recruitment intentions among manufacturers.

The Government has a strong track record of backing the sector. Our Advanced Manufacturing Plan published last November is underpinned by tax cuts, faster grid connections and a £4.5bn commitment to 2030, as well as the expansion of our successful SME Made Smarter Adoption programme.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.