Shares in focus: Bucking the trend in British manufacturing

The shares aren’t cheap, but Senior is a quality company worth tucking away, says Phil Oakley.

A symptom of Britain’s economic woes highlighted by commentators over and over again is the decline in manufacturing. There’s no disputing the fact that lots of heavy industry, such as shipbuilding, has gone elsewhere.

It’s also true that the share of manufacturing in employment and gross domestic product has fallen steadily since the 1960s. Still, not enough is said about the good manufacturing businesses that are still here.

The FTSE 250 index is home to many successful British engineering firms that [...]

MoneyWeek magazine

Latest issue:

Magazine cover
The future of motoring

Profit as cars get connected

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

What you should really do with your money (2014 Edition)

How to buy and sell penny shares

A beginner's guide to investing in gold

How to invest in British fracking