Donald Trump: I’ll do a deal with Britain
In a new interview with MP Michael Gove for The Times newspaper, Mr Trump has “nothing but praise” for Theresa May, and commended the Brexit vote as a demonstration that British people “want their own identity.”
Speaking of the possibility of trade deals, the President-elect, whose inauguration will take place on 20th January, told Mr Gove: “We’re gonna work very hard to get it done quickly and done properly. Good for both sides.”
Could Trump’s comments spell a positive future for UK-US trade? And what does this mean for the UK’s manufacturers? Only time will tell. In the meantime, you can take a look at the full interview by heading here... http://ow.ly/6K3b30834Cm
Exports and innovation drives UK automotive industry
According to a new report published by Santander and EEF, Britain’s automotive industry looks set to thrive in the coming months as increased demand abroad continues, while the country also invests in developing new technologies.
Despite being the 13th largest automotive manufacturer in the world, the vast majority of the UK’s exports are vehicles, and the fall in the value of the pound is only making the country more competitive. Other than exports, the Society of Motor Manufacturers & Traders (SMMT) predicts that autonomous vehicles will add a further £51 billion to the economy each year by 2030.
To read more on the new predictions, head here... http://ow.ly/fRNw30834Fx
Are manufacturers ready for the circular economy?
With focus on the circular economy growing, EU Automation has published a new industry guide for manufacturers who are interested in making their production process more sustainable.
As a concept first raised by two British environmental economists, the circular economy bases itself on keeping resources in use for as long as possible, while also maintaining their highest value at all times. Campaigners believe that it will be key to reducing environmental impact and reducing the risk of obsolescence.
What are your thoughts on the circular economy?
To find out more from this article, head here... http://ow.ly/JY2V30834IG