Unipart welcomes £4.5 billion Government investment in UK manufacturing
Unipart, global supply chain and performance improvement technologies partner, has welcomed the Government announcement of a £4.5 billion investment in UK strategic manufacturing sectors.
The government announced today (17 November) the funding will be available from 2025 for five years, providing industry with longer term certainty about their investments.
Over £2 billion has been earmarked for the automotive industry and £975 million for aerospace, supporting the manufacturing, supply chain and development of zero emission vehicles, and investment in energy efficient and zero-carbon aircraft equipment.
John Neill, Executive Chairman of Unipart Group, said: “We welcome the Government’s commitment to advanced manufacturing and the recognition of the strategic importance of the automotive industry to the UK. As an independent management and employee-owned company, Unipart has seen the strategic benefit from investing in developing performance improvement technologies for our global clients across a range of industries including automotive. The government’s investment strategy will enhance opportunities for companies like ours to continue that vital innovation.”
With a strong heritage in the automotive sector, Unipart has grown into a supply chain and performance improvement technologies partner in a wide range of markets including rail, aerospace, healthcare and technology.
More in Manufacturing
How data can unlock what’s critical about your business supply chain
B4 platinum members took a deep dive into data with Unipart Group Chief Executive Officer Darren Leigh at the company’s headquarters on 5 October.
Unipart launches new SAP consultancy and implementation service steeped in supply...
Unipart has launched Unipart Signite, a new SAP consultancy and implementation service combining supply chain expertise with 20 years of building and running SAP systems for some of the largest organisations.
No Time to Stand Still
Owen Mumford CEO Jarl Severn talks about innovation as an enabler of growth
From this author
Sustainability in business: from ambition to action
At October’s B4 Sustainability Ecosystem members were unanimous that attaining net zero carbon emissions by 2050 was an important target in our drive to reduce our carbon footprint, address climate change and implement a sustainable business approach. However, while the environmental and social aspirations to ‘be better’ and ‘do good’ were clear, many did not know what the carbon footprint of their business was or felt unsure what the steps should be to convert strategy into direct actions. As session lead Toby Newman from environment consultants, Enistic, explained: “If it can’t be measured, it can’t be improved.”
Action Packed 2nd B4 Platinum Quarterly at Blenheim Palace
The second B4 Platinum Quarterly held in the beautifully renovated Orangery at Blenheim Palace saw 80 business leaders from across Oxfordshire enjoying the superb hospitality of Blenheim Palace, the opportunity to make and build fantastic connections and hear from four great speakers.
PREMIER FOOTBALL STARS SUPPORT OXBRIDGE FOUNDATION
Football stars Andriy Shevchenko and Oleksandr Zinchenko have backed the launch of a charity (Oxbridge Foundation) which will fund scholarships for Ukrainian students affected by the war.