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The Guardian - UK
The Guardian - UK
Business
Richard Partington Economics correspondent

Manufacturers say UK becoming more competitive as global hub, survey finds

Engineers working in a factory
Manufacturing output in the UK has shrunk for 17 consecutive months, but activity has fallen more in several EU countries, including Germany. Photograph: David Davies/PA

Britain’s largest manufacturers believe the UK is increasing its competitiveness as a global hub for manufacturing, despite high energy costs, worker shortages and political instability holding back progress.

In a crunch period for the economy before the general election, the manufacturing trade body Make UK and the accountancy firm PricewaterhouseCoopers said industry bosses were growing more confident about the sector’s prospects, but “headwinds of sustained economic challenges” still remained.

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