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News - 10 June 2014

Manufacturers confident on growth for 2014.

 A survey of 275 firms, done during April and May, by the manufactories industry body EEF, found that 34% of manufacturers expected their output growth to improve in the next quarter.

 
This is the highest level since the third quarter of 2007.
 
Lavinia Newman, Founder of ABDS and a business strategist comments:
“The EEF's latest quarterly survey found evidence of strong trading in all regions and sectors, and that manufacturers were confident about both investment and hiring.”
 
said EEF chief economist Lee Hopley said:
"There is a definite sense of confidence amongst manufacturers. This should help sustain broad based growth across the UK."
 
Tom Lawton, head of manufacturing at BDO, said companies were expecting an improvement in exports in the third quarter.
 
"However, given the mixed international outlook, a strong recovery in exports this year is still uncertain," he added.
 
If you need any help and advice on Business Financial Planning and Development within the manufacturing and construction sectors, don’t hesitate, contact Lavinia Newman, Stuart Coleman or Tonmoy Kumar NOW to discuss how ABDS can help in all your Business planning.
 
ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900 E-mail: abds@netaccountants.net
 
Brilliant with numbers  
Great with people  
Clear and precise with advice
Timely and cost effective
In touch with issues that face our clients
Mindful of our client’s long term strategic goals
 
Helping Your Business is Our Business
 

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