Phil Morrison, who heads up our Construction Team, answers the key questions those in the construction industry have about the coronavirus crisis. Are all the construction sites closed down due to the coronavirus crisis? Not necessarily…
Due to the critical role manufacturing plays in the UK’s long-term prosperity and after decades of being the poor relation of economic growth, it is increasingly acknowledged that competitive manufacturing is the lifeblood of the UK economy. With substantial experience across this diverse sector we bring sound legal advice, commercial sense and know-how to help you plan for and protect your business.
Creating skilled jobs and generating revenues in the form of exports and investment, manufacturing also significantly contributes to the physical infrastructure of the economy and impacts other areas such as science, construction and logistics. Generating some £140bn in gross value added and representing over 11% of the UK economy, manufacturing employs over 2.6 million people, representing over 8% of total UK employment and a significant proportion of UK's exports. The Eurozone market accounts for around two-fifths of overseas trade and the current crisis remains perhaps the single biggest threat to UK manufacturing.
The history of the UK is one of innovation and so is its future. Find out why in this >UK Trade & Investment (UKTI) short film. The UKTI works with UK-based businesses to ensure their success in international markets, and encourage the best overseas companies to look to the UK as their global partner of choice.