Manufacturing sector struggles with hiring freezes and layoffs

A new report indicates that the manufacturing sector is struggling, with firms freezing hiring and considering layoffs. Investment plans are also being delayed or canceled due to rising employment taxes and business costs. Make UK and BDO conducted the research among over 300 manufacturers. They highlighted concerns about a potential global trade war impacting the industry. The report calls for government action to reform business rates and improve the skills system. Manufacturers seek a long-term industrial strategy to support their future planning.