To ask His Majesty's Government, further to the findings in the S&P Global/CIPS UK Manufacturing PMI survey, published on 1 September, which found that manufacturing industry has experienced "slower market conditions" and "declining new order intakes", what steps they are taking to provide support to that industry.
Answered on
19 September 2023
The Government is ensuring the UK remains the best place to establish and grow a manufacturing business. The UK has the 8th largest global manufacturing economy and we are and will continue to be a major manufacturing nation.[1]
We are investing in the sectors future through the Advanced Propulsion Centre, the Aerospace Technology Initiative, and Made Smarter, the manufacturing digitalisation programme. This month we announced a further £50 million for automotive research projects.
We remain one of the World’s manufacturing nations, with Jaguar Land Rover, building the UKs first gigafactory, and Stellantis, Nissan, Boeing and most recently BWM announcing significant commitments to UK based manufacturing.
Our plan for Advanced Manufacturing will continue to target and augment our support.