MHA | The Engine – Spring 2024

The Engine – Spring 2024

Welcome to the latest issue of The Engine with insights for Manufacturing & Engineering businesses.

With signs of Spring taking hold, the industrial landscape continues to face significant challenges, particularly with the depressing news of job losses at Tata's Port Talbot steelworks.

Since the start of the global pandemic, SMEs have faced unprecedented challenges, contending with inflation hitting a 30-year high, a once-in-a-generation energy crisis, interest rates seeing the steepest series of increases in decades, the pound falling to a record low against the dollar and conflicts in Ukraine and the Middle East.

Relatively few businesses in the Manufacturing & Engineering sector will have escaped these challenges unscathed. However, while there are clearly challenges ahead, the sector is resilient and innovative. Despite the tough conditions.

In this edition of The Engine, we take a look at several issues which businesses in the manufacturing and engineering sectors should be aware of, such as the impact of the Spring Budget on the sector, the Corporate Tax Landscape and associated companies, navigating the Corporate Interest Restriction, and measuring your environmental impact, alongside a whole host of other topics.

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Featured Insight

Spring Budget 2024: a Manufacturing perspective

Read the key articles from this edition of The Engine below:

Download a copy of the Spring 2024 edition using the link below:

The Engine Spring 2024

The Engine Spring 2024

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As always, we are on hand to provide guidance and support. If you would like further information on any of the issues covered, please get in touch.

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