By Jez Hockley, Senior Manager Manufacturing, Lloyds Bank Commercial Banking
The manufacturing sector is crucial to the ongoing resurgence and rebalancing of the UK economy. It is the confidence and growth of SMEs (Small and Medium Enterprises) that will underpin a sustainable economic recovery as it continues during 2015 and, hopefully, builds momentum in 2016.
Our nation is home to a wealth of world-class, successful manufacturing and specialist engineering businesses that are leading the charge. It is for this reason that we at Lloyds Bank have further strengthened our 13 dedicated local manufacturing teams across the country, who offer support and guidance to these SMEs as they work towards their growth ambitions.
Our network of more than 100 Relationship Directors and Managers have each gained a formal accreditation with the Warwick Manufacturing Group - an academic department at Warwick University - to build upon their knowledge and understanding of the sector. They are committed to helping local manufacturers achieve success, whether they need to make a strategic acquisition, move to new premises or experiencing a growing demand to invest in new machinery in order to further accelerate the economic recovery across Britain.