Sunny days coming?

Do you consider your business to be part of the manufacturing sector? If so, are your thoughts in alignment with Andrew Matthews, partner at accountancy group MHA, who - following the release of the latest UK Manufacturing PMI earlier this week - is calling for the government to expand and simplify investment incentives, saying: “The storm is far from over for manufacturing. Inflation, Brexit and skill shortages are still chipping away at the sector. The withdrawal of the super deduction and the Corporation Tax raise to 25% will certainly have a negative impact on investment in the marketplace. More and more manufacturers will be cautious for the future, forecasting a much less optimistic outlook than in previous years.” I reckon this sector is somewhat more optimistic - do you? We’ll find out when we crunch the numbers from our 2023 Widthwise survey of UK wide-format PSPs. I’d love to get your input if I haven’t already. The poll closes on 21 April, so there’s still time: https://www.surveymonkey.co.uk/r/65CMDY3

 

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