Sentiment across the manufacturing sector fell at the fastest pace in over two years in January, according to the Confederation of British Industry’s (CBI) latest quarterly Industrial Trends Survey. Manufacturing…

The post Reeves Budget sees manufacturers ‘confidence evaporate’ and will cut back ‘investment and hiring’ appeared first on London Business News | Londonlovesbusiness.com.

The Society of Motor Manufacturers and Traders (SMMT) has said that car production in November fell by almost a third for the ninth consecutive month. The SMMT said that 64,216…

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Today’s fall in Manufacturing PMI to 48.0 (the second month with PMI below 50) suggests that the sector is facing a near perfect storm of challenges ranging from the fall…

The post Manufacturers ‘facing perfect storm’ as PMI falls appeared first on London Business News | Londonlovesbusiness.com.

Protectionist tariff policies, similar to those proposed by Donald Trump, may actually harm U.S. manufacturing firms by discouraging investment, according to research conducted by Frankfurt School of Finance & Management.…

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Chancellor Rachel Reeves’ Budget for a ‘decade of national renewal’ aimed to ‘put more pounds in people’s pockets’. But the home delivery expert Parcelhero says its impact on SME businesses…

The post What impact will the long-awaited Budget have on retail, manufacturing and logistics? appeared first on London Business News | Londonlovesbusiness.com.

Ford Motor Company has announced a reduction in its earnings forecast 2024 despite reporting results that exceeded Wall Street expectations for the third quarter. The company posted earnings of $0.49…

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Something that new entrepreneur needs to understand as soon as possible is the fact that the business landscape is fast-paced, is always changing, and is constantly evolving, that’s why in…

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The proliferation of artificial intelligence (AI) use cases has impacted an unexpected industry significantly, transforming manufacturing operations by providing unprecedented capabilities to enhance efficiency, quality, sustainability, and safety. Key Takeaways…

The post How AI has revolutionised manufacturing appeared first on London Business News | Londonlovesbusiness.com.

New figures by the industry body the Society of Motor Manufacturers and Traders (SMMT) suggests that car production fell by 7.6% in the first six months. The fall in car…

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Following the general election business confidence has rebounded as there has been a stronger activity in the UK’s private sector this month. The S&P Global flash US purchasing managers’ index…

The post SMEs are ‘optimistic’ in the ‘first post-election business survey’ appeared first on London Business News | Londonlovesbusiness.com.