Firms may head abroad
2 April 2012
A quarter of UK manufacturers are considering locating production overseas, according to Martin Temple, director-general of the Engineering Employers’ Federation (EEF).
A quarter of UK manufacturers are considering locating production overseas, according to Martin Temple, director-general of the Engineering Employers’ Federation (EEF). Temple said that a soon-to-be-published EEF survey showed that falling profitability, caused by the weak euro and import competition, is forcing the rethink. Companies are scaling back or...