Shaping the future of UK manufacturing?

28 August, 2024

Under Sir Keir Starmer’s leadership, there is an apparent commitment to driving investment in green technologies and sustainable practices. The new government has outlined an agenda to tackle climate change, including substantial funding for clean energy initiatives and stringent carbon reduction targets. For UK manufacturers, this means adapting to more rigorous environmental regulations. Specifically, the hydraulics and pneumatics sector will face increased pressure to innovate and develop more eco-friendly technologies. Companies will need to invest in research and development to align with these new standards and capitalise on government incentives aimed at fostering green innovation.

In addition to environmental priorities, the Labour government has placed a strong emphasis on infrastructure development. Starmer’s administration has pledged significant investments in modernising transport and energy infrastructure, including ambitious projects such as expanding rail networks and enhancing renewable energy capabilities. These infrastructure initiatives if realised will likely increase demand for advanced hydraulic and pneumatic systems used in construction and maintenance, creating new business opportunities for companies in this sector

The new Labour Government’s focus on advancing digital infrastructure and promoting Industry 4.0 technologies is also set to impact the hydraulics and pneumatics engineering sector. With a commitment to boosting automation and digitalisation across industries, there will be a growing need for smart technologies and automation solutions. This shift will require substantial workforce upskilling, underscoring the importance of developing training programmes in collaboration with educational institutions to prepare for the evolving technological landscape.

In addition, the new administration’s trade policy is expected to reshape the UK’s international trade relationships although just how remains to be seen. The Labour government aims to negotiate new trade agreements that could potentially open additional markets for UK-manufactured goods. For the hydraulics and pneumatics sector, this presents an opportunity to expand export potential while navigating new regulatory environments in international markets.

Sir Keir Starmer’s premiership brings both challenges and opportunities for UK manufacturers and the hydraulics and pneumatics engineering sector. Embracing innovation, adapting to new environmental regulations, and investing in skills development will be critical strategies as the sector responds to the evolving political and economic landscape. As the Labour government’s policies take shape, the ability to stay agile and forwardthinking will be essential for leveraging new opportunities and ensuring long-term success

Aaron Blutstein, Editor