Budget deficits, whether provincial or federal, tend to get all the press. The other big Canadian deficit—the current account deficit—usually flies well under the radar. Until this week, that is, when Statistics Canada released numbers indicating that our trade deficit with the world expanded from $1.9 billion to $2.3 billion in July. The current account surplus or deficit […]

If the tie-up goes ahead, the enlarged firm would have 1,200 staff, a turnover of £95 million and eight offices across the UK from Aberdeen to Plymouth. Confirmation of the negotiations comes a day after Leeds firm Lupton Fawcett announced that it had entered into merger discussions with smaller rival Lee & Priestley. Jonathan Blair, […]

Consensus views on a U.S. manufacturing resurgence have largely centered on rising labor costs in markets such as China as the key driver of re-shoring back to the U.S. However, a new PricewaterhouseCoopers US report, “A Homecoming for U.S. Manufacturing?” reveals that while rising labor costs are part of the story, a range of factors, including transportation […]

 12 September 2012  <!– Reshoring of manufacturing to the UK is faltering because of a lack of skills and capacity among smaller manufacturers, according to a report from Cranfield School of Management. The report, ‘Rebuilding the UK manufacturing supply base’, says that OEMs have a key part to play in the sector’s resurgence and they […]