Our commitment to local manufacturers

1 min read

The manufacturing sector is crucial to the ongoing resurgence and rebalancing of the UK economy. It is the confidence and growth of SME businesses within the sector that will underpin a sustainable economic recovery as it continues building momentum in 2015.

As Head of Manufacturing, I oversee our network of over 100 Relationship Directors and Managers, who have each gained a formal accreditation with the Warwick Manufacturing Group at Warwick University to build upon their knowledge and understanding of the sector.

My team is committed to helping local manufacturers achieve success, whether that's making a strategic acquisition, moving to new premises or supporting a growing demand to invest in new machinery, in order to further accelerate economic recovery across Britain.

Manufacturers are increasingly looking beyond just servicing domestic markets and are targeting emerging economies for growth opportunities. Our teams work closely with UK Trade and Investment, UK Export Finance and our own dedicated International Business Managers to support these businesses to gain a foothold in new foreign markets and achieve exporting success.

We've also committed to £4 billion of new lending to the sector by the end of 2017, through our manufacturing pledge, to drive growth in the sector. We are optimistic for the future of manufacturing in the UK and remain confident that it will continue to thrive with the right support and focus.