Make UK/AIG Executive Survey 2019: manufacturers’ expectations for the year ahead
The spectre of Brexit is looming large as a source of business risk for manufacturers in 2019 which, together with a cocktail of protectionism and looming global slowdown is producing a more pessimistic outlook for growth prospects in the coming year.
The survey shows that whilst companies still expect to see growth in domestic and export orders, as well as employment, in the coming year, they are much less confident than a year ago, especially about prospects for the UK economy.
Aside from Brexit and trade related matters, the survey also shows that cyber security continues to rise up the business agenda with the number of companies citing disruption from cyber-attacks as the most significant risk to their business.
The survey shows that whilst companies still expect to see growth in domestic and export orders, as well as employment, in the coming year, they are much less confident than a year ago, especially about prospects for the UK economy.
Aside from Brexit and trade related matters, the survey also shows that cyber security continues to rise up the business agenda with the number of companies citing disruption from cyber-attacks as the most significant risk to their business.