Read the latest Santander news articles and press releases that are relevant to your business sector.

It’s fair to say that 2018 was a challenging year for the UK Automotive sector, but what’s the outlook for the sector in 2019? Sean Edwards, our UK Head of Automotive, Rail and Marine gives his predictions.

At a recent event, representatives from Britain’s leading manufacturers were joined by expert speakers to discuss the needs of businesses in the sector, as well as the blueprint for an ecosystem of support that could help accelerate growth in domestic and international markets.

Combining their knowledge with insights from expert speakers, delegates at our Manufacturing Industry Day identified technology and talent as the keys to promoting productivity.

Common perceptions of UK manufacturing are outdated. The idea that Britain’s manufacturers are dirty, old-fashioned businesses with a dwindling share of the global marketplace could not be more wrong: the UK manufacturing industry is the world’s ninth largest, it employs more than 2.7 million people across the country, and accounts for 69% of research and development spending in the UK.

More than 60 delegates attended Santander Corporate & Commercial’s inaugural Manufacturing Industry Day in Staffordshire. Representatives from Britain’s leading manufacturers, small and large were joined by expert speakers where they shared their insights on how to deal with the challenges of Brexit.

Our new report on the UK’s automotive sector finds that UK exports to Asia increased 21% year-on-year in 2017 - the highest growth of any region.


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