1、28/02/22MAKE UK MANUFACTURING MONITOR#BackingManufacturing This is EngineeringIntroductionThis is Make UKs first edition of Manufacturing Monitor in 2022,an adaptive report based on the most pressing issues for UK manufacturers at the time of publication.Its inception as a regular publication came i

2、n response to the pandemic,where fast-moving intelligence was required to best understand the challenges the industry was facing on a month-to-month basis,capturing and presenting issues that could not be properly elicited by medium to long term outlook reporting.This first edition of the year comes

3、 at a critical time for manufacturing in the UK,a juxtaposition between soaring domestic and international demand for British manufactured goods and extreme supply-side limitations that are seeing manufacturers struggle to maintain production capacity.Following approximately two years of economic su

4、ppression,its now,in this so-called recovery period,that UK manufacturers are eager to make the most of their swelling order books to recoup as much of the lost value as possible.Manufacturing Monitor 28/02/22As almost all pandemic-related Government support is progressively withdrawn from the indus

5、try,and even with a new prospective hurdle erected by way of the planned National Insurance hike,manufacturers are enduring a cash and margins squeeze beyond anything theyve faced in the past decade,let alone the last two years.This edition of Manufacturing Monitor will detail,in brief,the most pres

6、sing challenges to UK manufacturers operations at the point of publication,covering topics on costs,investment,employment and customs.Key findingsof companies say the National Insurance rise will have a moderate or significant impact on recruitmentof companies say they will certainly or likely pass