Last updateSat, 26 Nov 2022 3am

Corporation Tax U-turn: A blow for business – MHA comments

Following the sacking of Kwasi Kwarteng and with pressure mounting on the government to execute more U-turns on tax policy to calm the markets, Chris Denning, corporate and international tax partner at MHA, says it is a big blow for UK business that a pro-growth tax policy is set to be blown off course:

Printing Industry threatened by soaring energy prices

The graphical sector is part of Europe’s critical infrastructure, with printers producing essential products that are required across the European economy. The energy crisis – on top of the effects of the pandemic and dramatically increasing paper prices – has left many printing companies in a critical situation. This will have severe repercussions on the supply of printed products for all markets. Legislators at national and EU level must provide our industry with more support. The continuous supply of essential products is at stake.

UK Manufacturing PMI: Threadbare sector confidence requires urgent government support – MHA comments

Following the release of the latest UK Manufacturing PMI (3 October), Richard Powell, partner at MHA, see’s little reason for sector optimism as rising inflation and a dramatic downturn of the pound pile further pressure on manufacturer’s margins and their ability to come through economic turbulence unscathed:

Turnover in the digital printing industry in Germany picks up again in 2021 after a difficult year

However, the industry expects long-lasting effects of the Corona pandemic
Press manufacturer Roland DG EMEA today released its annual State of Digital Printing in Europe report. The research, which measures the business performance and business expectations of more than 1,300 printers in the UK, France, Germany, Italy and Spain, has revealed that the sector is returning to growing sales in 2021 after a difficult year.

France packaging market will witness 1.3% CAGR between 2021-26, led by rigid plastics, forecasts GlobalData

The French packaging market is set to grow at a compound annual growth rate (CAGR) of 1.3% from 94.6 billion units in 2021 to 101.1 billion units in 2026, driven by rigid plastics, forecasts GlobalData, a leading data and analytics company.

UK Manufacturing PMI: sector needs tax relief from new prime minister as confidence plummets - MHA comments

Following the release of the latest UK Manufacturing PMI today (1 September), Ginni Cooper, partner at MHA, says the next prime minister must offer immediate sector support and clear tax incentives to restore plummeting manufacturing confidence:

UK Manufacturing PMI: Industrial strategy can no longer be kicked into the long grass - MHA comments

Following the release of the latest UK Manufacturing PMI today (1 August), Chris Barlow, partner and head of manufacturing at MHA, urges the government to deliver a combination of short term relief and a long-overdue industrial strategy for manufacturers facing a barrage of inflationary and fuel price pressures:

Wait a minute - increasing packaging consumption despite optimised packaging?

Lighter and lighter packaging that requires less material and raw materials - and at the same time we consume more and more of it per year. How can that be? The Society for Packaging Market Research (GVM) is also looking into this. In a current study, it examines the development of the total consumption of packaging between 1991 and 2020 - and what influences it. Because between 1991 and 2020, the amount of packaging increased by 14 per cent (which corresponds to 1 million tonnes).

Cepi annual statistics show factors behind the resilience and strong performance of the European pulp and paper industry

Cepi’s annual statistics for the European pulp and paper industry published today offer a unique view of the current state of the market for pulp and paper products and the industry’s performance. They also allow for an objective analysis of deeper trends behind the industry’s resilience.

K 2022 - Trend Report Europe

European plastics industry braces for increased instability, higher prices, and lower growth
The European plastics industry is tackling challenges on multiple fronts. In packaging, by far its biggest market, it has become a victim of its own success, particularly as the ideal material for single-use applications and people on the move.

UK Manufacturing PMI: Sector requires rapid government support to overcome inflationary pressures - MHA comments

Following the release of the latest UK Manufacturing PMI today (1 June), Ginni Cooper, partner at MHA, believes the government must match last week’s cost of living support package with much-needed tax relief for manufacturers as they face crippling inflation and supply chain delays:

Davos 2022: Poland stands a chance to become Europe’s manufacturing hub

A number of companies from all over the world are looking for business partners in Central Europe. This is a great opportunity for Polish entrepreneurs as well as entities investing in Poland. Such conclusions emerge from the panel discussion that took place at the Polish House during the World Economic Forum in Davos, Switzerland.

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