Close Menu
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

A Translation Guide To Progressive Slavespeak

June 30, 2025

Homebuyers still have down payment misconceptions

June 30, 2025

Dry weather pushes up UK food inflation as harvests suffer

June 30, 2025
Facebook X (Twitter) Instagram
  • Contact Us
  • Privacy Policy
  • Terms Of Service
Monday, June 30
Doorpickers
Facebook X (Twitter) Instagram
  • Home
  • Economic News
  • Stock Market
  • Real Estate
  • Crypto
  • Investment
  • Personal Finance
  • Retirement
  • Banking
Doorpickers
Home»Economic News»US no longer a top growth region for UK manufacturers, survey finds
Economic News

US no longer a top growth region for UK manufacturers, survey finds

June 15, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Access the Editor’s Digest for free

Roula Khalaf, Editor of the FT, handpicks her favorite stories for this exclusive newsletter.

The UK manufacturing industry is experiencing a shift in growth markets, with the US no longer in the top three for the first time in nearly 40 years. This change is attributed to higher tariffs impacting export expectations.

A recent survey by manufacturers association Make UK revealed that only 18% of British manufacturers anticipate positive demand conditions in the US, compared to 56% for Europe, 23% for the Middle East, and 20% for Asia. This marks a significant departure from previous trends, as the US has historically been a key market for UK exports.

The decline in UK exports to the US in April, following a series of consecutive monthly increases, underscores the challenges faced by businesses in navigating trade uncertainties. Seamus Nevin, chief economist at Make UK, highlighted the mounting uncertainty in major markets as a growing concern for manufacturers.

The survey, which included 324 companies and was conducted between April 30 and May 22, coincided with the announcement of a trade agreement between the UK and the US. While the deal aimed to reduce tariffs on certain exports, challenges remain due to the ongoing 10% levy on most goods.

Make UK also emphasized the need for the government to address the high cost of energy in its industrial strategy to support the manufacturing sector. Despite some improvements in manufacturing orders and output, investment intentions for the year ahead remain subdued.

Recommended

Montage shows electricity pylon with data line

Richard Austin, head of manufacturing at BDO, emphasized the challenging landscape for British manufacturers and the need for clarity and targeted investment from the government to sustain the industry’s recovery.

Finds growth Longer manufacturers Region survey top
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

A Translation Guide To Progressive Slavespeak

June 30, 2025

Dry weather pushes up UK food inflation as harvests suffer

June 30, 2025

Canada Scraps Digital Service Tax On U.S. Tech Giants To Revive Trade Talks

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Warren Buffett Sold 11 Stocks in Q2. But 1 Is Still a No-Brainer Buy for Income Investors.

September 28, 20240 Views

FBI Freak Out As Dan Bongino Named Deputy Director

February 24, 20250 Views

Mortgage rates plummet and everything has suddenly changed — for now

August 2, 20240 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest
Economic News

A Translation Guide To Progressive Slavespeak

June 30, 20250
Real Estate

Homebuyers still have down payment misconceptions

June 30, 20250
Economic News

Dry weather pushes up UK food inflation as harvests suffer

June 30, 20250
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms Of Service
© 2025 doorpickers.com - All rights reserved

Type above and press Enter to search. Press Esc to cancel.