Transfer for FREE Between ContractorUmbrella and Dolan Accountancy

Find Out More

Manufacturing optimism leads to jobs growth


Latest data revealed a mild improvement in the performance of the UK manufacturing sector at the end of Q3.

The recent IHS Markit/CIPS Purchasing Managers’ Index (PMI) shows rates of expansion in output and new orders gained traction, while the trend in new export business saw a modest recovery following August's solid contraction. 

UK manufacturing production rose for the twenty-sixth successive month in September, with the rate of increase rising to a four-month high.

As a result, UK manufacturing employment also grew at the end of the third quarter and according to the report, the latest rise in staffing levels reflected efforts to meet the dual needs of work on new and existing contracts. Backlogs of work fell for the ninth successive month. 

Business optimism rose in September, with over 53% of companies expecting production to increase over the next 12 months.

Rob Dobson, Director at IHS Markit, which compiles the survey, said, “September saw a mild improvement in the performance of the UK manufacturing sector. Domestic market demand strengthened, while increased orders from North America and Europe helped new export business stage a modest recovery from August's contraction. Business confidence also rose to a three- month high. 

“Although total exports rose, exports of goods used as inputs by other manufacturers fell for the third straight month, ending the worst quarter for over three years for such exporters, suggesting that foreign companies may be sourcing less from UK-based component suppliers.”

Duncan Brock, Group Director at the Chartered Institute of Procurement & Supply, added, “Manufacturing remained calm and carried on this month with a barely perceptible rise in overall production, but feeling more positive than in the last three months. 

"With the highest output for four months and in spite of growth in purchasing activity easing to an 18-month low, this small rise in new orders and productivity contributed to the sector holding steady. 

"On the jobs front, corporates and SMEs demonstrated differing views about the near-term. Larger companies shed jobs but smaller businesses took on staff to improve their operating capacity. Similarly as some companies were improving their stock levels to ensure supply was assured during the Brexit countdown and to beat future price increases, others were reducing stock levels in anticipation of a decrease in opportunity in spring 2019.”

Limited or Umbrella? If you are unsure which route would suit you better, please give us a call on 01206 591 000 or email to discuss your options.

You may also like to read:

How does an umbrella company work?

Guides to contracting

Our main news hub

Lucy Smith is the Managing Director for ContractorUmbrella Ltd, one of the UK’s Most Respected Umbrella Companies and founder member of AllUmbrellaCompaniesAreEqual. Learn more about Lucy on Google.


Why Choose ContractorUmbrella?

ContractorUmbrella is the hassle-free, straight talking umbrella company that provides umbrella employment for UK based contractors and freelancers. Independently voted as the best umbrella company by the readers of Contractor UK.

As one of the most trusted umbrella companies in the UK, we guarantee our employees peace of mind, absolute compliance and complete security. We are one of the longest standing and most respected umbrella companies in the UK.

Benefits of working through ContractorUmbrella;

  • Fast and easy registration - be ready to work in 24 hours, simply register online and we’ll take care of the rest.
  • Calculate your take home pay - use our online calculator to find out how much you could be taking home through ContractorUmbrella.
  • Same day payments - we offer same day payments as standard, for no additional fee.
  • Our Commitment Charter- is our guarantee that you will be looked after at every step of the way.
  • Flexible Limited Company Accountancy - when you sign up to our sister company Dolan Accountancy, you can transfer to ContractorUmbrella when umbrella employment better suits or your assignment sits inside IR35.
  • Employee Benefits - at ContractorUmbrella there are many benefits available to you as our employee including our Employee Rewards Scheme, Group Pension Scheme, Foreign Currency Exchange, Contractor Accommodation, Contractor Mortgages and much more.
  • Personal Employee Liaison Officer - we believe in the personal touch, so you will have your very own dedicated Employee Liaison Officer during your employment with us. Read some of the glowing testimonials we've received about our lovely staff and the outstanding commitment they give to all our employees and clients.

If you’d like to find out more, call us on 01206 591 000 or request a call back by completing our online form.