Don’t believe me? I’ll let the numbers speak for themselves.
⚙ The UK manufacturing sector accounts for £183 billion worth of output.
👨🔧 The sector provides 2.5 million jobs, spread all across the UK.
💷 It pays 12% higher wages than the whole economy.
✈ Manufacturing exports account for 51% of the UK’s total exports.
🔬 64% of all UK business research and development is carried out in the manufacturing sector.
All of this makes the UK the 9th largest manufacturing country in the world! And precisely why we always say our manufacturing sector has been the UK’s economic engine, and world’s workshop.
In 2022 we want to see the importance and measurable contribution of the manufacturing sector to the UK economy increase. And Government can aid manufacturers to do this by helping them to build resilient workplaces and workforces, deliver sustained stable growth, operate without borders, and transition to a net-zero economy.
Look out for the full interactive guide, out on Tuesday.