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PRIVACY
Manufacturing

Why Midland manufacturers are worried about a post-Brexit future

Midland firms have raised some important issues about Brexit

Subcon - the country’s premier subcontracting exhibition

Midlands manufacturing businesses have raised a raft of concerns concerning their future post-Brexit in a new survey.

Many of the findings show regional firms bucking the national trend in response to a series of questions put to 500 º£½ÇÊÓÆµ manufacturing professionals by Subcon – the country’s premier subcontracting exhibition.

The survey results are being revealed weeks before the latest Subcon exhibition takes place at the NEC – alongside Advanced Manufacturing Show and The Engineer Design & Innovation Show – from 6-8 June.

Here are some of the main findings

Business confidence

• Midlands manufacturing businesses are less confident in a future post-Brexit than those in the rest of the º£½ÇÊÓÆµ with just one third (34 per cent) believing that they face a stronger future now that Article 50 has been triggered – and Britain is almost certain to leave the European Union.

This is six per cent lower than the national average of 40 per cent.

• Yet the number of Midland businesses which believe that manufacturing as a whole will fare better due to the Brexit decision is higher – and on a par with the rest of the country – at 44 per cent.

Subcon - the country’s premier subcontracting exhibition

Workforce

• A total of 63 per cent of Midland businesses are worried that Brexit will make it more difficult for them to find skilled staff