Ambrey Baker’s Anticipation for the Autumn Statement 2023: Embracing Potential Opportunities in UK Manufacturing

November 22, 2023

Ambrey Baker, a leading construction specialist in the UK known for its expertise in hygienic environments across advanced manufacturing, food & beverage, pharmaceutical, and cold-storage sectors, is closely monitoring the upcoming Autumn Statement. The company, renowned for its long-standing partnerships with global manufacturing and logistics brands, is keenly aware of the potential impacts this statement could have on the manufacturing industry​

One of the key areas of focus in the Autumn Statement 2023 is expected to be the potential extension of the full expensing scheme. This scheme, which currently allows companies to claim 100% capital allowances on qualifying plant and machinery investments, is a significant incentive for manufacturers and construction firms like Ambrey Baker. The extension of this scheme would be a welcome move, encouraging more substantial and long-term investments in the manufacturing sector. This fiscal measure is particularly beneficial as it directly reduces tax burdens, making it a powerful tool for companies planning to expand or upgrade their facilities​

Additionally, there’s a widespread anticipation that Chancellor Jeremy Hunt may introduce tax incentives or cuts. Such measures, aimed at stimulating investment and innovation, are critical for sectors like manufacturing, which are central to the UK’s economic health and growth. Ambrey Baker, along with other businesses in this sector, understands the importance of stable and supportive fiscal policies for sustaining growth and fostering innovation​

As the Autumn Statement 2023 approaches, Ambrey Baker is preparing to adapt to the new policies and opportunities that it may unveil. The company is committed to supporting the growth of the manufacturing sector and is poised to play an integral role in this new era of UK manufacturing. The prospect of enhanced services and support for businesses planning to expand or modernise their manufacturing facilities in the UK aligns well with Ambrey Baker’s capabilities and strategic vision. The company is poised to leverage these opportunities to strengthen its position as a leader in the construction of hygienic environments for the manufacturing industry.

Engage with Ambrey Baker: Maximising Opportunities in the New Manufacturing Landscape

Businesses in the manufacturing sector, particularly those planning expansions or technological upgrades, are encouraged to reach out to Ambrey Baker. Our team of experts is ready to provide guidance and support in leveraging these potential new fiscal policies to your advantage. Contact us to discuss how we can collaborate to maximise the benefits of the upcoming changes and propel your manufacturing capabilities to new heights.