FEATURE Howes Percival


How businesses can protect themselves no matter what lies on the horizon


Corporate and Commercial Partner at Howes Percival, Matthew Thompson discusses how the manufacturing and engineering businesses which are central to our region’s economy can deal with ever-changing legal pressures and future-proof their business:


According to recent research by T e Manufacturer, the worldwide manufacturing industry contributes almost £7 trillion to the global economy. Despite scaremongering in the media over the last couple of years, it is fair to say that the manufacturing industry is still fl ourishing in the UK and contributes 45% towards UK exports. T erefore, whatever the long-term eff ects of Brexit are for the UK,


Howes Percival are fi rmly of the belief that our country’s capacity to ‘make things’ remains at the core of our economy. Through our diverse client base in the manufacturing and engineering sector (particularly relating to the high-performance


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Matthew Thompson Howes Percival


And pictured above Matthew Thompson & Andy Harris


and technology companies existing around Silverstone) we know very well how much employment and wealth is generated from suppliers to major manufacturers including the likes of household names such as Jaguar Land Rover. It also drives innovation in technology: the


existence of the technology cluster at Silverstone has sucked in an incredible amount of expertise within the high-performance engineering sector in a wide range of materials,


industries and


technologies. It has rightly made Northamptonshire and Buckinghamshire the world centre for high- performance engineering; something we should all be proud of. Although I absolutely recognise that we are


firmly from the professional services sector, nothing excites me more than visiting a new manufacturing client and walking around the factory fl oor to see things being made. Recently, I was lucky enough to get a tour of the factory of a client who have just extended its Moulton Park premises to cope with increasing demand from its customer base. Not only is it a joy to be able witness fi rst-hand


ALL THINGS BUSINESS


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