The results of Pound for pound, have revealed that UK manufacturers have a firm hold on their access to finance, be it through relationships with their banks, customers or agencies who support the sector.
The second in the series of UK manufacturing sector current issues, set out, against the backdrop of an abating recession, to explore the industry’s relationships with its financiers, and the monetary disciplines it is deploying.
Manufacturers were asked about the support or otherwise they are experiencing from their banks, probed their capital investment intentions and their export ambitions, considering the current value of Sterling.
They were asked about their experience in seeking grants and funding, and to share the measures they might be taking to mitigate the risk of incurring bad debt.
Deloitte LLP has produced a web seminar, hosted by Alistair Davies, and featuring Ken Hurst, Editorial Director of Works Management to accompany the survey analysis, which will help manufacturers identify these sources of funding, and the latest 2010 Guide to grants for manufacturers is also now available.