Economy

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SWMAS Barometer Survey results are in!

National Manufacturing Barometer Survey (Special Focus: COVID-19 Contingency Plans) MANUFACTURING SECTOR NEEDS URGENT FINANCIAL SUPPORT AMID CORONAVIRUS CRISIS The latest Manufacturing Barometer highlights a need for accelerated Government support as SME businesses go into steep decline.  Small to medium-sized (SME) manufacturers are calling for greater and faster financial support from the Government as they confront

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Government launches coronavirus Future Fund

This scheme will issue convertible loans between £125,000 to £5 million to innovative companies which are facing financing difficulties due to the coronavirus outbreak. The Future Fund will provide government loans to UK-based companies ranging from £125,000 to £5 million, subject to at least equal match funding from private investors. These convertible loans may be

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Make UK COVID-19 Manufacturing Monitor Survey

Beginning this week, Make UK have launched a short fortnightly survey to give us better insight into the extent to which manufacturers are: continuing to operate, furloughing their employees, accessing government-led financial support, and offer an indication of when trading conditions may return to normal once the lockdown ends. We will share the data through

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Barnstaple company submits ideas to #ventilatorchallengeuk

New NDMA member, Chris Verney of Barum Solar Heat has submitted a proposal to help with the UK government’s ventilator challenge The proposal is to make use of ULTRA/SUPER CAPACITORS to power low-voltage ventilators making them independent of mains power reliability and also highly portable. Chris explains: “as well as using traditional 240V AC power,

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Make UK COVID-19 Updates

The second of Make UK’s COVID-19 virtual meetings took place on 15th April Make UK have released updates to the Furlough FAQs here: https://www.makeuk.org/coronavirus/coronavirus-covid-19-faqs/furlough-under-the-coronavirus-job-retention-scheme A webinar on updates has also been released: Please continue to feedback to Make UK on the issues you’re facing, and whether the Government support schemes are working, through your usual

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