October 31, 2024 Budget reaction 

Our managing director, Wayne Carter, reacts to yesterday’s budget and says it needed to re-assure manufacturers that they would be supported to grow.  

He said: “The manufacturing sector is in desperate need of a boost, so the government’s decision to focus on this area through a new industrial strategy can only be good news. 

“As an employer which invests heavily in its workforce, I’m pleased to see the government targeting investment in skills and training, but we need to examine what the detail looks like on changes to national insurance and tax implications for employers. 

“Manufacturing needs support to help us bring in the technological advancements which will help us to compete, especially when it comes to the green technologies which are already being pushed forward in China and Europe. 

“I am very interested to see how these investments will pan out in terms of improving the efficiency and sustainability of manufacturing businesses in the UK.”