What's driving UK's manufacturing renaissance?

James Henderson of Henderson Global Investors explains how UK-based manufacturing companies are leading the way with new and innovative product ideas.

The 2008 financial crisis brought on the realisation a more balanced UK economy is needed; one which is less dependent on financial services. An area where UK companies can compete globally is technology-based manufacturing. These businesses are adding value with cutting-edge products. They are less dependent on fluctuating commodity prices and the ups and downs of the business cycle. These companies can be more flexible in how they respond to differing economic conditions and, by being closer to customers, they can gauge demand and requirements better. Their profit margins are high...