The manufacturing industry looks set to grow over the next quarter which will boost the economy up and down the UK. In April this year the Government doubled the annual investment allowance as part of its efforts to support the UK manufacturing industry and it is clearly working.
“At Aldermore we’re getting ever increasing demand from all sorts of innovative UK manufacturing firms needing to free up cash-flow to expand their business and take on new contracts. We are also seeing an increasing number of our customers making real inroads in the export market selling their produce across Europe and the Far East. The positive outlook for manufacturing is testament that more and more firms are now able to access the finance they need to invest, grow and make a profit.”
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Notes to Editors page.