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Manufacturing SMEs report high levels of vacancies

The UK’s Manufacturing & Engineering SMEs are continuing to report high levels of vacancies as the unemployment rate in the UK remains close to its lowest level since the 1970s, and while demand for talent is starting to slow (the number of job vacancies fell slightly for the first time since August 2020), many firms are considering moving to a four-day week.

6 months ago

Close Brothers Asset Finance funds new laser investment

Close Brothers Asset Finance has arranged a bespoke CBILS (Coronavirus Business Interruption Loan Scheme) Hire Purchase agreement for Savcon Engineering to fund the purchase of the firm’s second high-speed, high accuracy Mazak 6kW fibre laser processing machine

2 years ago

Close Brothers expands manufacturing team

Close Brothers Asset Finance has announced the appointment of Andrew Bowyer to lead the vendor development programme for the Finance for Industry team.

2 years ago

Close Brothers Asset Finance enhances manufacturing team

Finance specialist Close Brothers Asset Finance has announced the appointment of machine broker specialist, Neil Ainge, to the role of regional manager of the Finance for Industry team, part of the manufacturing division. Mr Ainge’s appointment is part of the firm’s continued strategy of strengthening its sales teams with sector specialists.

2 years ago

Close Brothers Asset Finance funds investment for key customer

Close Brothers Asset Finance has funded the purchase of a specialist CNC machine for GWR Fasteners, a manufacturer of high-quality special fasteners and precision components.

3 years ago

UK engineering sector leads the way in apprentice recruitment

A new survey has found more than 50% of engineering firms in the UK have taken on an apprentice in the last two years.

3 years ago

UK SMEs lukewarm about electric future

UK SMEs remain to be convinced that electric vehicles (EVs) are the future of motorised transport in the UK, despite many being convinced by their environmental benefits, according to the latest data from Close Brothers Asset Finance.

3 years ago

Redditch tooling specialist completes management buy-out

Redditch-based manufacturer, Able Tooling, has completed a management buy-out by two existing team members following the retirement of its founder and former owner.

3 years ago

UK firms ask for simpler approach to business rates

The UK’s SMEs are overwhelmingly calling for business rates to be made both simpler and more flexible, research from Close Brothers Asset Finance reveals. Overall, the figure stands at 71%, with businesses at the larger end of the scale feeling particularly frustrated.

4 years ago

Prospect of artificial Intelligence of limited concern for UK SMEs

The majority of the UK’s SMEs are largely unconcerned about the prospect of artificial intelligence (AI), with the potential of improved productivity seen as a possible major benefit, according to research from Close Brothers Asset Finance.

5 years ago

Close Brothers Asset Finance

Manufacturing SMEs report high levels of vacancies

Close Brothers Asset Finance funds new laser investment

Close Brothers expands manufacturing team

Close Brothers Asset Finance enhances manufacturing team

Close Brothers Asset Finance funds investment for key customer

UK engineering sector leads the way in apprentice recruitment

UK SMEs lukewarm about electric future

Redditch tooling specialist completes management buy-out

UK firms ask for simpler approach to business rates

Prospect of artificial Intelligence of limited concern for UK SMEs

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