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19 June 2014 0 Comments
Posted in Corporate & Commercial, Opinion

Factory Output Grows

Author headshot image Posted by , Partner

Official figures published last week by the Office for National Statistics suggested that factories within the UK are “booming”, and in turn are helping to sustain the economic recovery.

According to the latest figures, during April manufacturing and industrial output within the UK experienced an increase, with the former being helped by a boost in transport equipment, electronic products, rubber and plastic.

Overall, compared to figures for March, manufacturing output within the UK experienced a rise of 0.4 percent; taking it to 4.4% on the year-on-year figures; whilst industrial output also saw a rise of 0.4 percent on March, and a year-on-year rise of three percent.

However, whilst the latest figures have revealed that in April both manufacturing and industrial output within the UK experienced growth, overall the figures are still down by seven percent compared to pre-recession levels.

Our solicitors in London provide a comprehensive service for growth businesses, including advising on complying with statutory requirements; corporate structures, the terms and conditions,  employment law; securing intellectual property; partnership agreements, finance and investment.

To find out how we can help you, if you’re looking to start your own business please contact Claus Andersen, Partner in Corporate and Commercial or John North, Head of Corporate and Commercial on 020 7583 2222.

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