-
Hillwood closes €368m loan with Aareal Bank - December 19, 2024
-
LiftEx returns to Liverpool in 2025 - December 18, 2024
-
Combilift Scoops ‘Company of the Year’ at the 2024 Business & Finance Awards - December 18, 2024
-
DERRY BROS TARGETS CUSTOMS AND INTERNATIONAL FREIGHT SECURITY AND EFFICIENCY WITH AEO ACCREDITATION - December 17, 2024
-
GATINEAU CHOOSES ITD GLOBAL TO SUPPORT GROWTH - December 17, 2024
-
Logistics sector to see 3% wage growth in 2025, new report reveals - December 16, 2024
-
Wearables in the warehouse – much more than a fashion statement - December 10, 2024
-
Make a safe investment in training - December 6, 2024
-
STEPN GO and adidas launch First-Ever STEPN GO x adidas Physical Shoe Drop - December 6, 2024
-
Warehouse automation depends on the right racking - December 6, 2024
Universal Robots Mark Gray responds to today’s UK Spring statement.
Today’s Spring statement has prompted a renewed focus on the UK’s productivity, with the Shadow Chancellor highlighting Britain has the lowest rate of industrial robot use in the OECD.
In response, Mark Gray, Universal Robots has made the following comments:
“It is correct to say the UK has the lowest robot density in Europe and that it is the only G7 country that is lower than the world average. However, that means there is huge potential for our manufacturing base to leverage automation and increase productivity.
The high costs and inflexibility of traditional industrial robots puts them out of reach of the average SME. However, collaborative robots (cobots) are very different as they typically achieve payback within just six months. As UK manufacturers consider the consequences of Brexit to their operations cobots offer a clear strategy for addressing skills shortages, increasing output and upping productivity.