As the working week winds down and the weekend draws near, we take a look at some of this week’s industry news headlines.
On Monday, findings from a recent report found that more than a quarter of UK SMEs are pushing to bring manufacturing back to Britain. Due to the highcosts of offshore production, 26% of respondents to the Manufacturing Advisory Service’s Barometer feel bringing manufacturing back will reduce costs. Such a move would not only strengthen the economy, but also bring more jobs.
The same report also found that one in six UK manufacturers has brought production back from overseas during the past year, or is in the process of doing so. The fact that more companies are returning to the UK, with others planning or wishing too, again offers a positive outlook for employment in this sector.
The final standout item this week was that, according to a report by the Institution of Engineering and Technology, only 7% of UK professional engineers are female. For Scott Fletcher of ANS Group, this is too low – and we agree.
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