Milton Keynes Pressings (MKP) welcomes the latest findings from the Make UK/BDO Q3 Manufacturing Outlook survey, which shows promising signs of recovery across the UK manufacturing sector. After a period of subdued performance, the survey reveals a rebound in both activity and business confidence — a trend that mirrors some of the positive momentum we’re seeing within our own operations.

According to the report, key industry indicators have improved significantly:

• Investment intentions rose to +25% (up from just +2% in Q2)
• Recruitment intentions increased to +15%, from only +1% last quarter
• Export orders grew to +23%, while UK orders recovered to +12%

The report highlights that 70% of UK Manufacturers are currently focusing their capital on increased investment in technology and automation – areas that MKP are constantly reviewing, to determine the potential for continual efficiency improvements.

Addressing the Skills Gap

Despite this positive momentum, the sector continues to grapple with a well-documented skills shortage. The inability to fill an estimated 46,000 manufacturing vacancies is costing the UK industry £4 billion in lost output each year.

As a business committed to nurturing talent, MKP is actively working with local colleges and training providers to help close this gap. Investing in people remains one of our highest priorities, and we see workforce development as essential to long-term growth.

Expert Growth and Cautious Optimism

The survey also reports a renewed surge in export demand, with the United States regaining its place as the second most important growth market for UK manufacturers. MKP is always looking to expand its reach into global markets, and this resurgence in international trade aligns closely with our strategic export objectives.

However, challenges remain. Rising cost pressures are affecting manufacturers nationwide, with 68% of businesses reporting higher-than-expected input costs in the past six months. Furthermore, 70% anticipate further increases as the government prepares its upcoming Budget. At MKP, we are carefully managing these pressures while continuing to deliver cost-effective solutions to our clients without compromising on quality or lead times.

Staying Focused on Innovation and Growth

While industry output is still forecast to decline slightly in 2025 and 2026, Milton Keynes Pressings remains committed to continuous improvement, investment, and operational excellence. We view this recent rebound as an opportunity to build momentum — not only for our business but for the broader UK manufacturing community.

As Stephen Phipson, CEO of Make UK, aptly noted:

“One swallow doesn’t make a summer… it wouldn’t take much to knock prospects for further growth.”

We agree. That’s why we are staying focused — investing in the right areas, supporting our workforce, and planning for long-term sustainability.

For more updates on MKP’s investments, recruitment opportunities, and industry insights, stay tuned to our News page or contact us directly: info@mkp.co.uk

For further Industry News and Support visit The Manufacturers’ Organisation – www.makeuk.org