1、Smart decisions.Lasting value.Manufacturing Outlook Report 2025In Association with CBMAudit/Tax/Advisory/Consulting2 23Manufacturing Outlook Report 2025Contents4Key findings10Commercial outlook5Foreword18Skills25Funding8Views from the CBM20Innovation28Making sure your business thrives29Providing adv

2、ice and supportClick on the page numbers for a quick viewKey findings 4Key findings16%expect turnover to reduce in the next 12 months(up 11%)16%66%invested in Net Zero(down 4%on last year)66%56%relying on own cash resources to fund their business(up 4%)56%74%have taken steps to address rise in Natio

3、nal Insurance(NI)74%21%discouraged from innovating due to R&D claim changes21%52%have adopted AI52%67%now believe that I5 processes will replace traditional manufacturing67%51%would consider re-shoring(up 20%)51%Manufacturing Outlook Report 20255Welcome to the Spring 2025 edition of our Manufacturin

4、g Outlook Report,compiled in conjunction with The Confederation of British Metalforming.Since starting this initiative in 1999,we have seen the sector endure a lack of funding following the global economic crisis,the global pandemic,the effects of the war in Ukraine and the Middle East,the commodity

5、 and energy crises and automotive transition.In addition to those challenges the sector now faces the ongoing trade war over global tariffs and yet another,raw material supply crisis.Despite this backscene the UK manufacturing sector continues to demonstrate foresight,innovation and resilience,despi

6、te all that has been,and continues to be thrown at it.UK manufacturing businesses are currently grappling with significant challenges:1.Supply Chain Disruptions:Ongoing global supply chain issues continue to affect the availability and cost of raw materials and components.This has been exacerbated b