What does Brexit Mean for the Manufacturing industry?

20 Oct 2017

Business

Brexit negotiations are at a standstill and a trade deal is looking a way off. While large companies are busy making complicated contingency plans centred on tariffs, extra import and export documentation and new customs arrangements, as well as the potential loss of skilled personnel form EU member states, SME’s are in a deadlock.

Small and medium sized businesses, in a lot of cases, seem to be waiting for the Government to sort out a trade deal before any plans are made for the aftermath of Britain’s exit from the European Union. But in sectors like Manufacturing and Engineering even small businesses are international ones, with the Europe their biggest trading partners.

UK manufacturing firms are facing a ‘tipping point’ in terms of the need to plan for future investment and employment in the face of uncertainty surrounding post-Brexit arrangements. Certainty might still be a long way off, which is why firms need to find ulterior solutions.

In association with The Manufacturing Growth Fund and Lombard, LCR 4.0 are hosting an event for  local manufacturing firms to voice their concerns and questions regarding the future of the industry once the UK leaves the EU.

Through this event, we will provide these solutions and help firms in our local manufacturing industry to understand how they can stabilise, compete and grow, regardless of the unknown post-Brexit settlement.

Solutions will be presented in the form of how to plan for Brexit, marketing strategies and the adoption of industry 4.0 technologies. The intention is for the firms to leave with a positive outlook for the future, gained from knowledge of the support and funding that is on offer to help them become more efficient and competitive in the face of Brexit.

For more information click here

The event will take place on 26th October 7:30am-9:30am at the Alstom Technology Centre, Lovels Way, Widnes, WA8 8WQ

The event is free of charge, but spaces are limited. To book your place at the event, please contact Amy Edwards on events@liverpoollep.org