09 April 2021
Despite uncertainty and supply chain pressures, the latest CIPS Manufacturing PMI shows significant improvement increasing to a decade-high of 58.9 from 55.1.
31 March 2021
After the most challenging year in UK automotive history, perhaps some shoots of recovering are beginning to appear for the industry amidst a significant month on month increase in car production and some positive steps announced in the budget.
Risk Assurance Director
Shingo is an experienced Risk Assurance Director with over 15 years experience in both the professional services and large corporate environments. He is RSM’s specialist in Sarbanes-Oxley (SOX) compliance.
04 March 2021
RSM and Knights have advised automotive lead-management software business enquiryMAX on its sale to Keyloop.
01 March 2021
It's not surprising to see the unprecedented drop in UK car production continuing for another month as lockdown 3.0 took hold in January 2021.
10 February 2021
An unprecedented drop in car production in 2020 highlights the challenging times ahead for automotive manufacturers. With the impacts of Brexit and coronavirus still being felt across the industry, what does the road ahead look like for 2021?
Restructuring Advisory Director
Deviesh is a Restructuring Advisory Director based in Leicester and Nottingham and is an experienced advisory in Restructuring and is a Chartered Certified Accountant and a Licenced Insolvency Practitioner. His primary goal is to rescue and turnaround the situation with a view to ideally avoiding formal insolvency procedures. Deviesh is well known and regarded across the East Midlands professional and business community and has a wealth of experience in financial restructuring and recovery across various sectors including (but not limited to) automotive, manufacturing, construction, leisure and hospitality.
26 November 2020
Richard Bartlett-Rawlings, partner at RSM, comments: ‘This month’s figures show that production remains consistent with the recovery seen in September but is well below 2019. With tighter national restrictions, many dealerships closed again and dropping consumer confidence, the data is not surprising. Both production and demand are anticipated to remain subdued for the rest of 2020.
03 November 2020
The IHS Markit/CIPS UK Manufacturing PMI ended at 53.7 in October 2020, from a preliminary estimate of 53.3 and compared to September's final reading of 54.1.