Unexpected slowdown of manufacturing sector, but it’s still at a three-year high

Concerns over an unexpected slowdown of the manufacturing sector led to a fall in the pound when the PMI figures were released in early July. The latest PMI figures revealed a fall to 54.3, however, the sector hasn’t fallen into contraction. Growth in exports also proved disappointing, as was the level of new orders. Business …

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Chemical and pharmaceutical sector speaks out about Brexit

Amid fears that Brexit could force some chemical manufactures to move overseas, the Chemical Industry Association (CIA) has reiterated what it wants to see from the final deal with the EU. Among its priorities are tariff free access to the single market, ‘access to appropriately skilled people’ as well as ‘regulatory continuation and consistency’.   …

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New survey reveals why businesses are reluctant to invest in new energy sources

Businesses of all sizes are often accused of not doing enough to invest in energy efficiency, however, a new survey from British Gas Energy reveals some of the reasons behind this. Among the biggest concerns were political and regulatory uncertainty surrounding Brexit, the recent election and the potential implications for energy technology investment. The opinions …

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UK’s offshore wind energy potential revealed in new report

A recently-released study has detailed the potential of offshore wind in the United Kingdom. Wind power usage in the country has already reached record levels, and the research has concluded that its use is likely to increase considerably in the years ahead. The report is titled Unleashing Europe’s Offshore Wind Potential and it was published …

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Future looking bright for valve, chemical and pharmaceutical industries

The future is looking bright for the valve industry, according to the latest industry analysis and forecasts. Demand is growing in the food and drinks, pharmaceuticals, chemical and power generation industries, and this need is expected to remain strong into the foreseeable future, a report by Reportlinker indicates. Earlier reports had suggested that the control …

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Concern’s over UK’s nuclear energy industry as UK announces it’s to leave Euratom

There are concerns over the future of the UK’s nuclear energy industry after the government announced its plans to leave the European Atomic Power Treaty, or Euratom, as part of Brexit. The UK will formally leave in 2019, and this could mean that some of Britain’s nuclear power stations could face closure if alternatives safeguards …

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Government urged to do more to improve manufacturing productivity

Manufacturing has continued to perform well in the face of uncertainty following the Brexit vote, exports are on the increase and economic growth in general is picking up. However, the EEF has taken the opportunity ahead of the spring budget to urge Chancellor Philip Hammond to do more to aid productivity in the manufacturing sector. …

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