UK manufacturing is the engine of our economy – we’re the 8th largest manufacturing in the world. The sector contributed £224bn GVA to the UK economy last year and delivered almost half the UK’s total goods exports. Manufacturing provides 2.6 million jobs with average wages 9% higher than the economy average.
Make UK analysis shows that if we grow manufacturing to account for 15% of GDP from 10%, we can increase the UK economy by £142bn, create more jobs and uplift regional investment.
In 2024, we’re calling on government to back manufacturing by:
- Developing and delivering a robust, long-term industrial strategy, focusing on both regional and national manufacturing
- Unlocking innovation and driving technology
- Creating a sustainable workforce
- Capitalising on the opportunities of a net zero economy
In 2023, we championed the manufacturing sector’s role in building resilient workplaces and workers, transitioning to a net zero economy and growing a strong industrial base in the UK
Here are some of our policy wins:
- £4.5 billion boost in funding for clean growth through the Advanced Manufacturing Plan – this is a plan we will work to evolve an industrial strategy.
- The full rollout of the Made Smarter adoption scheme in 2025, supporting digitalisation and sustainability in manufacturing.
- £50 million in funding for apprenticeships in engineering and other ‘key growth sectors’ in the next two years, supporting to manufacturers to invest in training.
- Full expensing of capital allowances on qualifying plant and machinery investments permanent which will drive investment, generate growth and increase competitiveness.
- Extension of CE marking recognition for businesses indefinitely, reducing trade barriers, operating costs and safeguarding British industry.
Our campaigns secured remarkable policy victories that fortify the future of the manufacturing sector, its resilience and future growth.