The Engineer: Manufacturers predict growth in 2017 despite Brexit disruption

The Engineer: Manufacturers predict growth in 2017 despite Brexit disruption

Over two thirds of manufacturing firms expect to grow in 2017 despite the impact of Brexit, according to the findings of the annual Business Census 2017 report.

The survey of 1,300 firms, carried out by Company Check during November and December, found that that 70 per cent of companies are predicting an increase in turnover over the next 12 months.

When questioned about Brexit, more than a third (34 per cent) of manufacturers said the vote to leave had already had a negative impact on their business. Just over a fifth (22 per cent) of manufacturing firms said the impact so far had been positive, while 42 per cent said there had been no change. Across all UK sectors, 30 per cent said Brexit had been negative, 15 per cent said it had been positive and 55 per cent said no change.

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The Engineer

First published as a magazine in 1856, The Engineer is the most established engineering media brand in the UK. The Engineer publishes high quality, independent editorial based around technology and innovation. The core suite of products includes TheEngineer.co.uk, The Engineer Digital Magazine, The Engineer Print Supplements, The Engineer Conference and The Engineer Podcast and Roundtables.

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