The government has recently launched it’s ‘Made in the UK, Sold to the World’ plan. What is the aim of the plan? The aim of this plan is to almost double UK exports around the world to £1 trillion per year. Last year the UK exported £600 billion in goods...
The government has decided to give manufacturers an additional year to comply with the new UKCA mark. The UKCA mark is a safety regulation that will be used to certify that a wide range of manufacturing products meet UK safety standards. Manufacturers were due to...
A new £20M funding programme is set to launch across the UK for manufacturers. The aim of the programme is to help manufacturers overcome supply chain issues caused by the global pandemic. The programme will aim to do this by assisting manufacturers with the...
In recent years slowing down climate change by reducing emissions has become a top priority for many countries around the world. In 2019 the UK government signed a legally binding target of net zero emissions by 2050. A survey of senior figures (managing directors,...
HM Treasury has announced that the Annual Investment Allowance (AIA) will remain at £1 million until 1 January 2022. The AIA allows businesses to claim same-year tax relief for capital investments in plant and machinery assets and was due to revert to £200,000 on 1...
UK manufacturers start to invest in sustainable growth Manufacturers are beginning to invest in sustainable growth because of increasing market volatility. Sustainable growth is growth that is ethical, responsible, and repeatable and is vital for the long-term growth...
Manufacturing Update: How has the coronavirus pandemic affected the manufacturing sector? Introduction In this article, we will be covering how the coronavirus pandemic has affected the manufacturing sector. We will be using data from the Make UK’s...
British manufacturing could revive the UK economy? The UK is now on the edge of the worst financial recession that most of us have experienced in our lifetime. It is not going to be easy to recover from the economic damage of the coronavirus. But it is going to be...
During this difficult time Hawsons are here to help and support their clients as best they can The Government has announced new measures to help businesses through this difficult time. The first being the tax helpline to support businesses affected by coronavirus. If...
Bank of England Update for Businesses and Households During this difficult time for businesses and households, the Bank of England has put together a list of sites where you can find the latest updates from the Government. The following has been circulated by the bank...
The shutdown of car plants hits UK production around Brexit deadline Car manufacturing declined in November as many car plants slowed down their production due to the previously expected Brexit date of 31 October. If you compare the statistics to November 2018 car...
Hawsons Chartered Accountants turned 165 years old in 2019 Hawsons Chartered Accountants was founded in the city of Sheffield in 1854 – more than 25 years before the creation of the Institute of Chartered Accountants in England and Wales – by Alfred Allott and John...