UK Manufacturing and Brexit
The debate about the type of Brexit deal the UK should negotiate with the EU is of vital interest to many UK manufacturers.
The UK is currently the 9th largest industrial nation in the world and its strength is underpinned by its trading relationship with the EU:
- 52% of total manufactured exports by value went to the EU in the 12 months to April 2016
- Manufacturing accounts for a whopping 45% of all UK exports.
The sector’s trading relationship with the EU is tightly interwoven, making complex pan-European supply chains commonplace. At the same time, manufacturers rely on skilled workers – frequently from the EU – to plug the UK’s longstanding and serious skills gap and enable productivity, innovation and growth.
Manufacturers have a vested interest in ensuring the Government negotiates a deal that supports their trade and growth ambitions and allows our sector to play a significant role in making post-Brexit Britain a success.
In a series of Brexit briefings looking at the impact of leaving the EU, EEF makes a number of recommendations designed to help businesses manage the UK’s exit from the single market and the likely changes in trade and immigration rules.