Investment in automation could boost UK economy by £60bn
Investing an additional £1.2bn in robotics and automation is thought to have the potential to add £60.5bn to the British economy over the next decade, according to new research conducted by Barclays.
The Future-proofing UK Manufacturing report suggests that investing in automation technology could greatly improve international competitiveness of the UK’s manufacturing industry, making it both more productive and efficient. Research found that 58% of manufacturers surveyed already invest in automation, while 76% believe that there are opportunities for further investment.
You can find out more about the UK’s opportunities by heading here.. http://www.themanufacturer.com/articles/investment-in-automation-could-…
Midlands to drive £34bn worth of productivity and growth
Last week, Birmingham University unveiled plans to make the Midlands an “engine of growth”, with focus on innovation, skills and transport.
The Midlands is an area that has seen private sector employment grow over three times faster than London and the South East, and is clearly playing a strong role in the recovery of the UK economy. It is thought that if the region was to match predicted growth for the UK over the next 15 years, it’s possible that 300,000 jobs could be created and a further £34bn added to the economy.
To read more on how the Midlands could succeed, head here.. http://www.themanufacturer.com/articles/midlands-to-drive-34bn-worth-of…
Boost for UK car manufacturing as Nissan ramps up in Sunderland
Sunderland will soon see production of the luxury Nissan Infiniti cars begin as the Japanese car manufacturer invests £250m into the factory that has become a huge success story.
The decision represents a great vote of confidence for the British industry and has made Sunderland the most productive car plant on the Continent. Production is expected to result in an additional 60,000 vehicles rolling out of the factory doors and the creation of several hundred new jobs to ramp up activity.
Head here to find out more.. http://www.telegraph.co.uk/finance/newsbysector/industry/engineering/12…