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The Latest Breaking News from Make UK

Markets rocked as Jerome Powell warns Fed could switch back to bigger interest rate rises –as it happened

Federal Reserve chair says US central bank would be prepared to increase the pace of rate hikes if data justified it

The Guardian - UK

Brexit: EU suppliers wary about doing business in UK, warn manufacturers

Trade body Make UK adds to pressure on Rishi Sunak as it calls for reset of relationships with Europe

The Guardian - UK

Businesses locked into costly years-long energy contracts left without much help, MPs told

‘You’ve got lots of businesses that are locked in at very high rates,’ UKHospitality’s chief executive said.

The Independent UK

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UK manufacturers fear blackouts and job losses after energy subsidy cut

Impact of reduced state support with company power bills could prompt job cuts, warns industry body

The Guardian - UK

Manufacturers fear energy cost and political turmoil will continue to hit output

More than half of the 200 firms surveyed warned that on-going political instability was damaging business confidence.

The Independent UK

Fears for UK economy after manufacturing sector shrinks by 4%

Industry body Make UK says ‘no sugar-coating poor outlook’ for next year and ‘possibly beyond’

The Guardian - UK

North East economy stabilises - but at low level, survey suggests

Second report out today highlights concerns from manufacturing companies for the coming year, however

Birmingham Post

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Toll of cyber-crime on businesses revealed in new research

One in five of 150 companies surveyed by manufacturers organisation Make UK reported substantial financial loss.

The Independent UK

Zero-Covid policy is costing China its role as the world’s workshop

Beijing’s endless lockdowns are causing shortages for western firms such as Apple, and it may not be long before they move their supply chains elsewhere

The Guardian - UK

Companies ‘desperate’ to recruit technical engineers and data experts – report

Manufacturers are competing with top City banks and leading innovation companies to hire workers with digital and technical skills, study finds

The Independent UK

'Decisive action, clarity and simplification' or 'smoke and mirrors': North West business leaders share views ahead of mini-Budget

Leaders from across the region have had their say

Birmingham Post

Manufacturers plead for help as growth forecasts are slashed for next year

Make UK has downgraded its forecasts for next year and called for action in this week's Government 'fiscal event'

Birmingham Post

Energy crisis may force manufacturers to close – study

New research emphasises stress among companies

Wales Online

Energy crisis may force manufacturers to cut production or even close – study

Make UK said its research showed firms were warning that their energy costs have already “spiralled out of control”.

The Independent UK

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The Independent UK

Factory worker shortages costing the UK £7bn in lost output, MPs told

Manufacturing organisation Make UK said the sector is battling to fill 95,000 vacancies.

Birmingham Post

Survey highlights vital importance of North East manufacturing as sector recovers from Covid

The Make UK and BDO annual survey shows the North East has also increased its dependence on the EU market

The Guardian - UK

Pro-Brexit UK regions more dependent on EU for exports, report finds

Research also reveals EU remains ‘overwhelmingly dominant’ destination for UK manufacturing exports

The Guardian - UK

Stuart Rose says business needs quick successor to ‘lame duck’ PM Johnson

Veteran retailer among business leaders and Tory donors calling for a new prime minister to boost UK’s ailing economy

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news in one place.

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Birmingham Post

Manufacturers call for help to get through coming economic 'storm'

A survey of manufacturing companies has revealed a worsening picture for many firms

The Independent UK

Manufacturers call for added support amid bleak economic climate – survey

Trade body Make UK and accounting and business advisory firm BDO surveyed UK manufacturers

Birmingham Post

South West manufacturers lead the UK in job creation after strong start to 2022

Latest quarterly Manufacturing Outlook survey reveals strong domestic and overseas order books for the region's factories

Birmingham Post

Replace 'chairman' with more gender neutral term, business groups say

CBI, the British Chambers of Commerce, Make UK and the Institute of Directors have come together to make the plea in the interests of gender parity

The Guardian - UK

Businesses urge Sunak to delay ‘ill-timed and illogical’ NI rise

As Ukraine crisis drives energy prices up, firms say tax rise could put Covid recovery at risk

The Guardian - UK

Energy bills crisis: five UK business groups demand urgent action

Chiefs of CBI, BCC, IoD, Make UK and FSB say ‘rocketing’ charges will delay economic recovery from Covid

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