Growth in UK Manufacturing

Growth in UK Manufacturing

In June of this year UK manufacturing showed its strongest growth in two years. This appears to have boosted many people’s hopes of an economic recovery. The purchasing managers’ index (PMI) was 52.5 last month, which is a strong indication of growth since any figure above 50 is considered an improvement.

The economy in general grew by 0.3% in the first 3 months of the year with the services sector looking robust as well as a stabilisation within the construction industry.

More home loans have been approved which also means the housing market is doing better. These are all positive signals that the business sector as a whole is looking in far better shape.

Ricky Steedman

Ricky worked as an Investigator in the Inland Revenue for over 20 years before founding Steedman & Company in 1987, giving him the experience and knowledge that enabled him to help so many clients over the years.

His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m which sealed his status as one of the most highly respected tax consultants to ever work in Scotland.

Ricky led all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.

Ricky passed away suddenly and unexpectedly in June 2022 after leaving his indelible mark on the company he founded and headed for over 35 years.