FOR IMMEDIATE RELEASE
Responding to the Office for National Statistics data release indicating a decline in manufacturing in the UK following the Brexit referendum, the Forum of Private Business is encouraging manufacturers to look to opportunities for growth as opposed to reducing their production in the face of uncertainty.
Ian Cass, CEO of the Forum of Private Business commented, 'It is clear that following the Brexit decision there has been a degree of economic uncertainty. The overall indications are that a recession has been avoided though, and that small businesses as a whole remain positive. The one area where there is disappointment is with manufactures, but as a result of the pound's relative weakness there is the opportunity to find new markets through exporting, and drive growth rather than contract.'
'We are keen at the Forum to help businesses expand into international markets and have free guides on International Trade and Exporting by way of support'
About Forum of Private Business
The Forum of Private Business is a not-for-profit comprehensive business support organisation founded in 1977. Our membership is spread throughout the UK and primarily made up of companies that employ between 1-50 employees, helping them to manage employees, saving time, giving advice, support and protection where a business needs it.
We are a recognised leading authority on business issues and represent the interests of business owners on many consultative bodies. We have built a solid reputation, being influential in many areas of policy-making, in changing laws that affect small businesses, and we continue to campaign for the fair treatment of businesses within the UK.
Everything we do is about making sure our members’ businesses operate profitably. This means that every penny we make goes back in to supporting our members, providing the support and resources that will enable businesses to flourish and grow.
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