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British-built engines enjoy 13% export growth in July
British-built engines have enjoyed a 13% growth in exports during July. Overall, July UK engine production remains steady, increasing by a modest 1%, but export growth has outweighed domestic decline, up 13% in the month and 14.5% year-to-date.
Almost 1.7 million engines have been built in the UK in the first seven months of this year.
Mike Hawes, SMMT Chief Executive, said, “It’s good to see previous significant investment into British engine technology and facilities continue to pay dividends, with strong and growing global demand for our high quality, cutting-edge products. To ensure future growth, it is critical we maintain the free and frictionless trade we currently enjoy with the EU and other key international markets.”