Restructuring in the manufacturing sector publication


Restructuring in the manufacturing sector: what does the future hold?

The biggest danger is that firms don’t continue to invest having weathered the initial storm. R&D investment and making improvements across production and operations will stand firms in better stead for future challenges and build their long-term resilience, aiding their chances of growth. Allan Kelly Restructuring Advisory


Britain’s manufacturing sector contributes £191 billion to the economy and supports 2.7 million jobs, making it a core pillar of the UK economy. The sector is hugely diverse, comprising a wide-ranging number of different industries, technologies and activities. And, while for manufacturers of every size in every industry, the coronavirus crisis has been a game-changer, some sub-sectors are faring better than others. Here, we explore the specific challenges the sector is facing, and the immediate and long-term priorities for businesses operating in the space.

Steven Ross Partner Restructuring Advisory Newcastle +44(0)191 814 6925 Allan Kelly Partner Restructuring Advisory Newcastle +44(0)191 814 6920 i .



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