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 [...]
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