The Manufacturing Agenda
Conclusion The manufacturing sector has continued to operate in a demanding environment, shaped by a mix of domestic and global pressures. Throughout this period, manufacturers have shown resilience, adaptability and a willingness to take decisive action when required. Recent policy developments, including the refreshed Industrial Strategy and commitments to Full Expensing and the Annual Investment Allowance, have provided greater clarity for long- term investment. This is a welcome development for a sector that has experienced a prolonged period of uncertainty. A consistent theme throughout the findings is the growing importance of execution. Manufacturers are continuing to navigate regulatory change, supply chain complexity and evolving expectations around sustainability, while also preparing for the opportunities presented by digital transformation. At the same time, boards recognise the need to strengthen leadership, improve operational resilience and ensure they have the right skills in place to deliver on their plans. Resilience, therefore, is being redefined. It is no longer measured solely by financial strength, but by a combination of operational readiness, regulatory alignment and the capacity to adapt at pace. This evolution will shape the manufacturing agenda for 2026 and influence the decisions that determine long-term success. With our deep sector understanding and strong track-record, FRP is well placed to support manufacturers, lenders, investors and other stakeholders through this period.
Our teams across Restructuring, Corporate Finance, Debt Advisory, Financial Advisory and Forensic Services provide clarity, challenge and practical solutions. Whether navigating change, planning for growth, improving cash flow or performance, or strengthening organisational capability, we help businesses convert ambition into action. We would like to thank everyone who contributed to this year’s report and hope the findings prove valuable. If you would like to discuss how The Manufacturing Agenda relates to your organisation’s goals, we would welcome a conversation.
Key contacts
Allan Kelly Partner Restructuring Advisory Newcastle +44 (0)7921 921 400 allan.kelly@frpadvisory.com Raj Mittal Partner Restructuring Advisory Birmingham +44 (0)7908 963 065 raj.mittal@frpadvisory.com
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