28/10/2026
THE BUDGET SETS THE DIRECTION. YOUR PEOPLE DELIVER THE RESULTS.
For employers in engineering, manufacturing and technical sectors, three areas deserve attention following the Budget:
💷 WORKFORCE COSTS
The National Living Wage rises to £13.21 an hour from April 2027. Employers should review pay structures, including the differentials between entry-level, skilled and supervisory roles.
⚡ MANUFACTURING COMPETITIVENESS
Eligible manufacturers will receive electricity bill reductions of up to 25% through the British Industrial Competitiveness Scheme from April 2027. For those benefiting, it’s an opportunity to review investment and growth plans.
🛠️ THE SKILLS PIPELINE
A further £100 million over two years will expand local apprenticeship services across England’s current mayoral authorities, supporting employers to create apprenticeship opportunities.
Our view? These measures make joined-up workforce planning even more valuable.
Which skills will your business need next year? Where can you develop existing employees? Which gaps require experienced people who can deliver now?
Mercury Hampton supports businesses with leadership search, specialist recruitment and people insight, helping turn business ambitions into a practical talent strategy.
Let’s talk about the people behind your next stage of growth.
