AUTUMN STATEMENT BRINGS SOME EARLY GOOD CHEER FOR SME MANUFACTURERS

Commenting on measures for SMEs announced in today’s Autumn Statement, David Nicklin, managing director at Birmingham based Nickin Transit Packaging, says: “Despite the improving economy, many SME manufacturers still struggle to attract finance so the extension of the funding for lending scheme and new funds for the Enterprise Finance Guarantee Scheme is good news. Midlands manufacturing continues to go from strength to strength and further initiatives such as extra support for first time exporters should help further strengthen confidence as we enter the new year.”