Tuesday, 08 July 2014 11:02

ONS index of production comment - Chris Sumner, managing director, FANUC UK

2014-07-08 110418

Chris Sumner, managing director, FANUC UK:

“British manufacturing is booming. As we enter the traditionally quiet summer period UK factories are showing a robust output level matched by strong order books.

 We are seeing a particular jump in orders from the automotive sector, as companies seek to kit out both new and existing plants for higher capacity production. It is clear that the UK's recovery is being fuelled by strong industry, hand-in-hand with the housing market and consumer credit.

“Sustained year-on-year growth in industrial production will make a healthy contribution to GDP. The momentum of job creation in the sector, increased output levels, and renewed investment in technology and automation will be a further boost to confidence."

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