Rising costs have led to the sharpest dip in business confidence among British manufacturers since the onset of the COVID-19 pandemic in 2020, research released on Monday suggests.
A survey of 300 companies has found that optimism across the sector is declining owing to rising input and employment costs.
Make UK, a business organisation representing British manufacturers, said that 70 percent of manufacturers have seen their costs already increa…

The Epoch Times

New York

United States

Manufacturing Faces Steepest Drop in Business Confidence Since 2020: Survey

Ad Fontes Media

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Media Bias/Fact Check

Epoch Media Group

A survey of over 300 companies found that escalating costs have affected their outlook on the economy

Chronicle Live

Reach plc

Newcastle upon Tyne

Tyne and Wear

England

United Kingdom

Manufacturers' confidence 'falls at sharpest rate since start of Covid'

Photo Peter Byrne/PA Wire Business confidence among UK manufacturers has fallen at the sharpest rate since the start of the pandemic, new research suggests. A survey of over 300 companies found that escalating costs have affected their outlook on the economy. Make UK said its study found that while recruitment and investment intentions were stable, the mood among companies has “darkened markedly” since the last survey in the summer when almost s…

Nation.Cymru

Wales

Manufacturers warn of rising costs

BRITISH manufacturers have reported the sharpest loss of confidence since the start of the Covid-19 pandemic in the face of higher costs...

Business Times

UK factories take fright as budget adds to cost pressures: survey

LONDON (Reuters) – British manufacturers have reported the sharpest loss of confidence since the start of the COVID-19 pandemic in the face of higher costs including tax increases by the new government, a group representing the sector said on Monday. Make UK said its gauge of manufacturers’ confidence about the economic outlook over the next […]

Global Banking & Finance Review

UK factories take fright as budget adds to cost pressures, survey shows

​  Data from Make UK complicates picture for BoE rate-setters as they contemplate how quickly to cut interest rates. Read More The post UK manufacturing confidence slumps after Reeves’s Budget | Financial Times appeared first on Brexit Carnage.

Brexit Carnage

UK manufacturing confidence slumps after Reeves's Budget | Financial Times - Brexit Carnage

Business confidence among Britain’s manufacturers has dipped at the sharpest rate since the pandemic due to rocketing costs according to a major survey published today by Make UK and business advisory firm BDO.– Make UK/BDO survey  Key Findings:  
Output returns to levels of a year ago  Domestic market remains weak compared to exports Recruitment and investment activity stable Make Work Pay reforms to result in big cost increases Manufacturing f…

Family Business United

Manufacturers’ Confidence Slumps As Costs Rocket

Survey from Make UK and business advisory firm BDO shows confidence fell to its lowest level in a year

business-live.co.uk

London

Greater London

Manufacturers expect costs to soar after Budget as confidence falls

UK manufacturers report sharp loss of confidence in Q4 2024, with output expected to shrink, and rising costs intensifying pressure on businesses.

forexlive.com

UK Manufacturers Hit by Steepest Confidence Drop Since Pandemic - Cost Pressures Revealed

Business confidence among Britain’s manufacturers has dipped at the sharpest rate since the onset of the pandemic.The Make UK/BDO Manufacturing Outlook Q4 survey shows that while output and orders remain positive, with recruitment and investment intentions stable, the mood among companies has darkened markedly since the last survey when almost six in ten companies (58%) saw a brighter economic outlook under a new Government.Furthermore, bar the …

Manufacturing Faces Steepest Drop in Business Confidence Since 2020: Survey

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