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UK textiles reshoring is ‘real and growing’

April 12, 2017
in Business News, Latest Nigeria News
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The value of UK clothing and textile production increased by 2.5% to £9.1bn between 2014 and 2016, but new investment could offer even greater potential as Brexit looms, interim findings of the Textiles Growth Programme has found.

The value of UK clothing and textile production increased by 2.5% to £9.1bn between 2014 and 2016, but new investment could offer even greater potential as Brexit looms, interim findings of the Textiles Growth Programme has found.

Textiles Growth Programme

The programme received £27m via the government’s Regional Growth Fund in 2012 and attracted a further £123m from the private sector through the support of 340 British manufacturers.

 

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