With more than half of manufacturing jobs located in rural areas, better connectivity could have serious financial benefits to the sector, alongside helping to increase employment by 6.8%
The study comes from Cebr on behalf of Virgin Media O2 as UK Chancellor Jeremy Hunt confirms a £4.5bn investment into British Manufacturing within the Autumn Budget.
Recent output data shows the industry has been struggling due to the UK’s persistent productivity challenge, with many manufacturers saying they expect economic conditions in the UK to deteriorate.
Technology has the power to help address some of the challenges faced by the UK manufacturing sector. ‘Wearables’, for example, could improve safety and effectiveness, whilst greater automation could lower human error and machine failure. However, these advanced tools need good connectivity – something which has not previously…
