What's going on in British manufacturing? ??
The Manufacturer
Manufacturing news, articles & research, updated daily. Organiser of elite events for manufacturing thought leaders.
Hi Reader,
Busy week at The Manufacturer! Tom St John and I are hitting the road tomorrow to visit three manufacturers in just two days—stay tuned on our socials for a sneak peek!??
But before that, I’m here with the latest Leadership & Strategy news. The big question: What’s happening in British manufacturing?
First, 宝马 has paused its ￡600m investment to restart electric Mini production in Oxford, citing industry uncertainties. This move puts jobs at risk and highlights weaker-than-expected EV demand, despite government backing.
On the bright side, UK factories anticipate higher output in the next three months despite weak demand, high taxes and energy costs. CBI data shows improving sentiment, though exports and industrial output remain below long-term averages.
Catch these stories and more below!
Molly Cooper, Features Editor, The Manufacturer?
LATEST NEWS
BMW puts the brakes on plans to produce electric Minis at Oxford plant
BMW has put the brakes on plans to spend ￡600m to reintroduce Electric Mini production at its Oxford plant, saying it is pausing the investment due to “multiple uncertainties facing the automotive industry.” BMW revealed back in September 2023 that it would?spend ￡600m upgrading its Oxford plant?to ready it to produce the new generation of electric Minis, safeguarding up to 4,500 jobs in the process.
High repair costs contributing to global e-waste crisis
High costs are preventing over half of consumers from repairing broken electronic devices, leading to more e-waste which is?hindering progress towards a more sustainable, circular economy, new research has revealed. According to the?report by Trojan Electronics Group , restrictive practices by manufacturers – such as limiting access to spare parts and authorised repair providers – are making repair options unaffordable.
THE MANUFACTURER PARTNER NEWS
How ERP systems can help manufacturers improve their ESG credentials
The Lumenia Consulting ERP HEADtoHEAD event offers a unique opportunity to compare the leading ERP products, taking place on 2-3 April in Milton Keynes.??
If you are planning to upgrade or replace your ERP system or want to find out more about the ERP marketplace book your place today!??
LATEST ARTICLES
Cyber attacks increasing in manufacturing
A global study by Omdia has found that cyber attacks are on the increase in manufacturing with 80% of firms experiencing a significant increase in overall security incidents or breaches last year. However, only 45% are adequately prepared in their cyber security. Omdia surveyed over 500 technology executives worldwide on the convergence of information technology (IT) and operational technology (OT) – or physical systems – in their core operations, and how they managed cyber security challenges.?
British factories predicting an upturn
Figures from the CBI (Confederation of British Industry) has shown that British factories are predicting an upturn in output over the next three months despite a weak backdrop due to higher taxes and energy costs and a difficult export environment. Reuters reported that the CBI’s monthly balance for manufacturers’ output expectations over the next three months rose sharply to +8 in February from -19 in January, a three-month high that took it back to its long-run average.
Thank you for reading.
Want to receive The Manufacturer digital briefing straight to your inbox? Sign up here.
Marketing Strategist | Helping purpose-led business leaders create and execute effective marketing | STEM sectors specialist | Fractional CMO | Free 30 min consult
6 天前Thanks team. Good to see some muted positive news regarding predicted upturn in here, as well as the gloom we've come to expect. Personal frustration around the hindering of the circular economy.