Crowe Manufacturing Outlook Report 2021/22
2021 was a year when so much challenged the manufacturing sector.
As our survey results reveal, it was a year of shortages, inflated costs, demand outstripping the ability to supply and the spectre of the knowledge that at some point there will be a real stretch on working capital funding requirements.
Read our report to find out what challenges manufacturers have faced, where the opportunities lie and to see what the future has in store for the sector.
With inflation running at roughly double the retail/consumer indices, there needs to be greater support for the industry now.
The UK’s R&D tax credit schemes are important for manufacturing companies that are typically some of the most innovative businesses in the UK.
Entrepreneurship isn’t something that can be taught - it’s in the genes. So a family business ought to have an advantage shouldn’t they?
With inflation running at roughly double the retail/consumer indices, there needs to be greater support for the industry now.
The UK’s R&D tax credit schemes are important for manufacturing companies that are typically some of the most innovative businesses in the UK.
Entrepreneurship isn’t something that can be taught - it’s in the genes. So a family business ought to have an advantage shouldn’t they?
Johnathan Dudley
Partner, Head of Manufacturing
Midlands