182/0319November 2003

FREE COPY OF UK ENGINEERING INDUSTRY REPORT

Lloyds TSB Asset Finance is offering a free copy of an independently researched report, An Overview of the UK Engineering Industry to 2007, to individuals or companies interested in the Engineering Sector.

The specially commissioned report looks in depth at the state of the UK Engineering sector, taking into account key economic data affecting the industry, industry trends, market segmentation, key players, forecasts/prospects for the sector, as well as looking at the major issues facing engineering today, such as skill shortages.

Ian Byers, corporate development director, Lloyds TSB Asset Finance, says: "One in five of our customers is from the engineering sector, making it imperative that we have an in depth understanding of the trading conditions and issues that they are facing. Our report analyses the recent trends in sales by UK engineering industries for seven major categories of goods and provides forecasts for the development of these seven categories over the next five years, aiding future business and marketing planning. Firms within the sector will find this comprehensive report highly informative and an invaluable tool in benchmarking their performance against other engineering companies."

To get a free copy of An Overview of the UK Engineering Industry to 2007 visit and click on the engineering industry report icon.

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FREE COPY OF UK ENGINEERING INDUSTRY REPORT…/2

Notes to Editors:

  • Lloyds TSB Asset Finance is part of Lloyds TSB Commercial Finance, part of the Lloyds TSB Group, and the leading provider of asset based lending, including invoice discounting, to UK-based companies. For the past 20 years it has offered companies the flexibility that comes with asset based financing.
  • The report is intended to provide an overview of the UK engineering industry. All estimates, analysis and forecasts are the work and views of Marketing Strategies for Industry (UK) Ltd, an independent market research agency which was commissioned by Lloyds TSB Asset Finance to produce this report. Financial data and ratios have also been selected by Marketing Strategies for Industry (UK) Ltd from information provided by The Prospect Shop Ltd, which is also independent from Lloyds TSB Asset Finance.
  • The numerical forecasts were based on the pre-revised ONS figures, but that does not materially affect the report's conclusions.

For more information:

Jo Ganly

Lloyds TSB Press Office

Tel: 020 7356 2075