Spring Statement: Made in Group in Westminster

By Made In Group
schedule26th Mar 25

As Chancellor Rachel Reeves delivered the Spring Statement 2025, outlining a return to fiscal restraint amidst downgraded economic forecasts, key figures from the UK’s manufacturing community were in Westminster — among them, representatives from the Made in Group. Positioned as one of the nation’s most influential manufacturing networks, the Group was invited to engage directly with senior policymakers and peers to assess the implications for British industry.

With growth forecasts halved by the Office for Budget Responsibility (OBR) — down from 2% to just 1% — and inflation still stubbornly high, the Chancellor announced £3.4 billion in welfare cuts alongside a substantial £2.2 billion increase in defence spending. While public finances remain tight, strategic investments into automotive, aerospace, and sovereign capability signal a renewed focus on the UK’s industrial base.

Jason Pitt, CEO of Made in Group, commented on the mood in Westminster:

“During our time in Parliament, we had the opportunity to engage with a number of politicians — and what struck me most was the depth of understanding and genuine appetite, particularly among the Lords, to reawaken British industry. There is a quiet but growing resolve in the corridors of power: a belief that Britain must once again become a nation that makes, builds, and innovates.”

The Made in Group visit included discussions with Chairman Lord Mike Whitby, who added:

“It’s essential that we learn from the past. The government’s renewed commitment to defence spending is a positive sign — a recognition of the freedoms we enjoy and the industries that underpin them.”

Industry leaders echoed the urgency of translating policy into meaningful long-term action.

Elliot Arme, Director at Ecam Engineering, noted:

“Increasing defence spending is the right call given the current uncertainty in the UK. But what we need are long-term contracts — not one-offs. Multi-year commitments give us the confidence to invest in automation, streamline operations, and remain competitive.”

Nick Golding, CEO of SWMAS and Made in the South West, added:

“Sovereign capability investment is welcome, and this is a critical time. But we must use this opportunity to strengthen domestic manufacturing supply chains and build agile, future-ready capacity.”

Amid economic turbulence and rising employment costs — including the increased National Living Wage and higher employer National Insurance contributions — the manufacturing sector faces a delicate balancing act. However, Made in Group members expressed cautious optimism that with the right policy support, UK manufacturing can once again thrive.

Mark Sloper, UK Art Ambassador, reflected on the national mood:

“Even in challenging times, we must stand proudly behind our flag and the achievements that define us. The world remains our oyster — we just need to have the confidence to seize it.”

The Made in Group’s presence in Westminster reaffirmed its role as a vital bridge between industry and government. As the UK redefines its industrial future, the voices of its makers and innovators will be essential to shaping the path forward.


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