Growth in British manufacturing will be driven by innovation and authenticity after the UK leaves the European Union. Every manufacturer in the UK has the opportunity to be the most innovative and leading manufacturer in the UK. Opportunities for growth in materials and manufacturing lie in digitisation. Microprocessors woven into fabrics can connect garments to the internet in a new and innovative way.
Demand for British-made goods has increased by 36 per cent in the past five years. The UK is one of the biggest clothing exporters in Europe. One of the major reasons for the rise in shopping from the UK is pricing. The pound’s falling value is helping make retailers’ goods even more attractive to foreign wallets. The other top motivations for cross-border buying are the chance to get hold of products not available in their own country and the opportunity to discover new things to buy.
Mobile shopping is also helping power the UK’s international popularity. Also working in British retailers’ favor is the fact the nation’s top two export markets, the US and China, are at the forefront of this mobile revolution. Here, smart phone shopping accounted for 61 per cent and 84 per cent of international online purchases respectively in the last year.
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