The Business Concept - Independent Business Awards 2024 | 15 The Business Concept- Campaign 2024 | 15 “If a customer wants to reach out to a business, the barrier of international manufacturing can have a real effect on their decision to contact,” Kevin warns. “Customers know a UK-based manufacturer is working within their time zone, can oversee manufacturing in person and deliver products within a reasonable timeframe.” UK manufacturers can also take advantage of the UK’s apprenticeship schemes to gain loyal skilled workers. The UK’s apprenticeship scheme helps manufacturers gain skilled labourers for a lower cost, thanks to the apprenticeship levy. Paid for by large employers with a pay bill over £3m, the money generated funds apprenticeship training for other employers. For SMEs (small to medium-sized enterprises), the government will pay for apprenticeship training, with the business only paying 5% of the wage. What does ‘Made in Britain’ mean for consumers? Brits shop with their conscience as much as their wallet – especially in recent years, with more consumers than ever prioritising companies that care about their carbon footprint and support local communities. The Natural Marketing Institute found that when businesses show they pay attention to their environmental impact, consumers are 58% more likely to buy their products. Consumers also benefit from improved communication and customer service from manufacturers who produce and ship within the UK. The ability to call customer service within the consumer’s time zone, receive more accurate live tracking updates and pay cheaper delivery costs are a boon to British shoppers. “Quality control is incredibly important to any manufacturer; you want to be confident that your products are being sent off as intended and delivered with care,” Kevin comments. “When you manufacture in Britain, you have full oversight of the production and delivery of your product or service – meaning you are less likely to receive complaints or issue refunds. Ultimately, this will save your business countless bellyaches in the long run, helping your business save money and build a positive reputation.” Why should the public and government care about British manufacturing? The British manufacturing industry is now the 8th largest in the world, employing 2.6m people and contributing £224bn of output. Now the UK has left the single market, our economy hinges on the manufacturing sector not only surviving but thriving. The manufacturing industry keeps the UK workforce skilled, meaning businesses don’t have to outsource skilled labour to foreign countries. Further growth in the manufacturing sector will also boost job creation, which is particularly important with UK unemployment leaping to 4.2%. Britain has a reputation for producing quality goods, and new trade opportunities outside of the single market highlight the importance of our manufacturing reputation. Further support will only strengthen the UK’s international standing, helping to secure new trade relationships. The effect British manufacturing has on the economy cannot be understated. The recent True Impact April 2024 report by the Oxford Economics and the Manufacturing Technologies Association shows the manufacturing industry is worth £518bn, contributing 7.3m UK jobs. In other words, that’s almost a quarter (23%) of the UK’s GDP. What’s more, ‘making things’ accounts for 34.5% of all UK goods and service exports and the median wage of manufacturing jobs is 11% above the national average. British manufacturing isn’t going anywhere soon – a quarter of the UK Economy relies on it, as does the livelihood of 7.3 million employees. Any prospective UK government will be keeping a close eye on the industry as it continues to develop and grow. Recent evidence proves that the value of UK manufacturing is undeniable and further government support will be crucial in helping to lift the UK out of recession.
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