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2024 Q4 UK factory output forecast to rise +33% after Labour Party's election win, with 58% believing it will boost economic growth.
A survey by Make UK and BDO indicates a shift in outlook for UK manufacturers following the Labour Party's election win, despite recent declines in output and new orders.
Factory output fell to -2% in Q3, but respondents forecast a rise to +33% by Q4 2024.
Notably, 58% believe the new government will boost economic growth.
The survey also calls for reforms in apprenticeship funding and alignment with EU trade to support stability.
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2024 Q4 La producción de las fábricas del Reino Unido prevé un aumento del +33% después de la victoria electoral del Partido Laborista, con un 58% creyendo que impulsará el crecimiento económico.