Could coronavirus reshape British manufacturing?
Al JazeeraThe UK is asking manufacturers to produce virus-fighting gear; will it be enough to improve the industry’s outlook? “For the last couple of years, it’s been tough for the manufacturing sector – firms have been holding off spending on long-term hiring, investment, recruitment and machinery,” says Seamus Nevin, the chief economist at Make UK. It’s disrupted supply chains customer demand.” In April, as the novel coronavirus took hold in the UK, reports of shortages of personal protective equipment started to emerge at hospitals and National Health Service trusts. “This whole episode will lead a lot of organisations to question the wisdom of complex interdependent supply chains,” says Nick Oliver, a professor of management at the University of Edinburgh’s Business School. “In the 1930s, the British government was making detailed plans for ramping up the production of armaments and that just isn’t the case in this scenario,” says David Edgerton, an historian at King’s College London.
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