A new survey has shown that UK manufacturers experienced strong growth in orders both at home and from abroad over the first quarter of 2017.
Researchers for the latest quarterly CBI Industrial Trends Survey contacted 397 manufacturers and found that domestic orders improved at the fastest pace since July 2014 in the three months to April.
Meanwhile export orders recorded the strongest growth in six years, supported by strong rises in competitiveness, particularly in non-EU markets which improved at a record pace.
Output growth firmed to a three-year high and is expected to accelerate over the next quarter.
Companies are also upbeat in their year-ahead expectations for exports, with optimism posting the biggest gain in over four decades.
Rain Newton-Smith, CBI Chief Economist, said: “UK manufacturers are enjoying strong growth in demand from customers in the UK and overseas, and continue to ramp up production, find more info at https://currysupply.com. Exports have surged and firms are at their most optimistic about selling overseas in over four decades.”
We believe that digital technology is playing its part to support this continuing growth, and Bowe Digital offers a range of IT solutions that can help businesses take advantage.
Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
Bowe Digital – we make I.T. happen
The importance of innovation was underlined when Business Secretary Greg Clark recently named the winners of the Queen’s Awards for Enterprise in celebration of Her Majesty The Queen’s 91st birthday.
One hundred and seventy-six businesses from across the UK were recognised for their contribution to international trade, innovation and , sustainable development in industries from green energy solutions and medical healthcare, to laser technology and digital marketing. Fifty seven won the innovation award.
Greg Clark said: “We have some of the best Action AC entrepreneurs and innovative minds in the world who are at the heart of small start-ups providing excellent customer service to larger businesses developing global solutions.”
We salute them because innovation is key to the success of our economy. Digital technology is playing a key role in promoting innovation and we like to think that we are playing our part. Bowe Digital offers a range of IT solutions that can help manufacturing companies streamline their operations to run smartly, efficiently, and grow.
· Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
· Bowe Digital – we make I.T. happen
Entrepreneurs are being invited to complete a survey by Government-backed organisation Innovate UK, which is seeking views on innovation.
Innovate UK says it will use the results to strengthen the ways in which it supports innovative companies and, as a company whose digital technologies help many clients find new ways of working, we think it’s well worth offering your views.
Among the questions that Innovate UK is seeking to answer are:
how much effort are you investing in evolving or developing new products, services and processes, as well as in new areas?
how much you expect to grow in the next two years and what the challenges stopping you from doing so?
what are your plans for international activities?
They are seeking views from businesses of any size and age and the survey is open until 23 April 2017 at https://www.gov.uk/government/news/how-does-your-organisation-approach-research-and-innovation innovate uk
A new survey has shown that manufacturing is playing a key role in the UK’s economic revival.
Although overall private sector growth slowed slightly in the three months to March, according to the CBI’s latest Growth Indicator, manufacturing output expanded strongly.
Overall, firms expect growth to pick up over the next quarter, with the survey balance the strongest since September 2015.
We see that confidence reflected among the companies that we help. We believe that digital technology is playing its part to support this continuing growth and our clients are benefitting from the use of IT to develop new projects and improve the efficiency of existing ones.
Bowe Digital offers a range of IT solutions that can help businesses take advantage.
Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
Bowe Digital – we make I.T. happen
The latest Office for National Statistics labour market figures, for March, showed employment continuing to rise.
Suren Thiru, Head of Economics at the British Chambers of Commerce (BCC), said: “The UK’s jobs market is going from strength to strength, with the number of people in work continuing to rise and unemployment also falling.”
The Chamber does warn that the future looks uncertain with concerns over Brexit but for the moment, things look good.
We are certainly seeing that confidence reflected in the companies to whom we talk on a daily basis.
We believe that digital technology is playing its part to support this continuing growth and our clients are benefitting from the innovative use of IT to develop new projects and improve the efficiency of existing ones.
Bowe Digital offers a range of IT solutions that can help businesses take advantage.
Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
Bowe Digital – we make I.T. happen
Culture Secretary Karen Bradley has launched the Government’s Digital Strategy, which includes a focus on skills and infrastructure to support the digital economy. Responding to the document, Gordon Millward, Regional Chairman at the Federation of Small Businesses, said: “As the Government takes forward its digital plan, it should now focus on the small business community, who will be key to driving digital transformation and productivity.The ‘digital gap’ for small businesses hinders productivity and growth. For the UK to be the best place in the world to do business, we need fit for purpose digital infrastructure and help for small businesses to develop their businesses online.
“The commitment within the Digital Strategy to boost digital skills and confidence to go online is vital, with two in five small businesses believing digital skills are crucial to their future growth. Tackling the skills gap across all of those in the workforce needs to begin early, and we welcome the pledge to teach new skills such as coding, to more young people.”
We agree that more needs to be done to engage the small business community in the digital revolution.
We believe that digital technology is playing its part to support this continuing growth, and Bowe Digital offers a range of IT solutions that can help businesses take advantage.
Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
Bowe Digital – we make I.T. happen
The Government has published a digital strategy aimed at making Britain the best place in the world to start and grow a business, part of ministers’ ambitions to ensure everyone has the skills they need to flourish in a digitally-driven economy.
The plan has been welcomed by Josh Hardie, CBI Deputy Director-General, who said: “UK companies are at the forefront of the digital revolution. The pledges announced by the Government underline businesses’ commitment to build the skills we need for a modern economy, as well as tackle barriers to technology adoption. To uphold our position as a world-leading digital economy businesses and the Government need to work together.”
We agree. We believe that digital technology is playing its part to support this continuing growth, and Bowe Digital offers a range of IT solutions that can help businesses take advantage.
Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
Bowe Digital – we make I.T. happen
UK exporters continue to defy gloomy predictions following the Brexit vote. Indeed, commenting on the UK trade statistics for December 2016, just released by the Office for National Statistics, Mike Spicer, Director of Economics at the British Chambers of Commerce, said: “The narrowing in the UK’s trade deficit in the final months of last year is a welcome improvement from the weaker performance in the previous quarter, and reflects a growing number of goods being exported to non-EU countries. As Brexit dominates the headlines, the results are an important reminder that UK companies take advantage of trading opportunities in every part of the world. We believe that digital technology is playing its part to support this continuing growth, and Bowe Digital offers a range of IT solutions that can help manufacturing companies to take advantage.
Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
Bowe Digital – we make I.T. happen
The UK economy expanded by 0.6% in the final quarter of 2016, according to the Office for National Statistics with an increase in output from manufacturing and construction.
Welcoming the statistics, Rain Newton-Smith, CBI Chief Economist, said: “These figures confirm that the economy remained resilient in the wake of the EU referendum, growing 2.0% in 2016.”
Services remain the key driver of growth and a recovery in manufacturing also provided some support.
We welcome the figures as well and believe that digital technology is playing its part to support this growing confidence. IT can help manufacturing companies to take advantage of opportunities by making their processes more efficient.
Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
Bowe Digital – we make I.T. happen
UK manufacturers are more optimistic about their business situation and exporting prospects, while also reporting strong growth in domestic orders, according to the latest quarterly CBI Industrial Trends Survey.
The survey of 461 manufacturers revealed that domestic orders rose at the fastest pace since July 2014 in the three months to January, while export orders continued to grow but below expectations.
The CBI says that growth is expected to continue strongly over the next three months while production is also expected to advance briskly; expectations for output growth are also the highest since July 2014.
We believe that digital technology is playing its part to support this growth by helping to make companies more competitive. Bowe Digital offers a range of IT solutions that can help manufacturing companies to take advantage.
Call us on 0191 214 1750 or email info@bowe.co.uk to find out how.
Bowe Digital – we make I.T. happen