Please select your home edition
Edition
Lennon Thermalite 728x90 2

Business Minister Lord Henley visits London Boat Show to see £3.12bn marine industry

by Andrew Harries, British Marine 12 Jan 16:58 GMT 10-14 January 2018
Lord Henley meets with Robert Muir at Barrus London Boat Show © British Marine

Business Minister, the Rt. Hon. Lord Henley, visited the London Boat Show, powered by British Marine, on Thursday to meet with British Marine members and exhibitors and find out more about the industry's sixth consecutive year of revenue growth.

Minister Henley, whose responsibilities at the Department for Business, Energy and Industrial Strategy include maritime, met with seven British Marine member companies: Williams Jet Tenders, Ribeye, Sunseeker International, Princess Yachts, Seaglaze Marine Windows, Barrus and Fairline Yachts.

The Minister's visit took place the day after British Marine published its latest Industry Statistics and Trends Report. A healthy revenue growth of 3.4% to £3.12bn was announced, with the industry contributing over £1.3bn of Gross Value Added (GVA) to the UK economy and delivering above UK average figures for productivity of £39,000 GVA output per worker.

Business Minister Lord Henley said: "The UK is a world-leader in marine engineering and manufacturing with the sector contributing £3.12bn to the British economy and supporting over 33,000 highly-skilled jobs.

"Our Industrial Strategy paves the way for government and industry to work together to further boost the sector by creating more jobs and export opportunities to maintain the UK's world-class reputation for maritime excellence."

Howard Pridding, Chief Executive Officer of British Marine, said: "We were delighted to welcome Minister Henley to the London Boat Show, powered by British Marine, and introduce him to some of the member companies behind the UK marine industry's £3.12bn success story.

"It is important that an industrial strategy delivers for every type of marine business, from those exporting our great products around the world to those providing holiday opportunities on our great British waterways. Today's visit has enabled us to continue discussions with the Government on topics including how we make Brexit work for the marine industry, small business support and making sure UK manufactured boats and products can be easily exported right across the world."

Related Articles

London Boat Show 2018 receives royal visit
HRH The Princess Royal takes a tour HRH The Princess Royal, a keen sailor, visited the 64th London Boat Show last week (Wednesday 10 January 2018), taking in a tour to view the latest innovations in the boating world. Posted on 17 Jan
Vibrant atmosphere across five-day format
New look London Boat Show celebrates The 2018 London Boat Show drew to a close on Sunday amidst incredible sales reports, a vibrant atmosphere, strong visitor numbers and the fantastic launch of the all new Boating & Watersports Holiday Show. Posted on 15 Jan
Stars arrive for the opening
Of the 64th London Boat Show The 2018 London Boat Show opened on Wednesday to a host of celebrities, global launches, hundreds of stunning boats and sporting silverware to wow visitors. Running until Sunday 14 January, the Show celebrates everything you can do and enjoy on the water. Posted on 11 Jan
Sunshine Saturday boom for summer holiday bookings
With on the water breaks proving a particular hit January is tipped to be big news for the holiday industry. 'Sunshine Saturday' – falling within the first two weeks of January – is anticipated to be the busiest holiday booking day of the year, as Brits clamour to book something. Posted on 7 Jan
Launching brand new craft and technology
For the New Year at the London Boat Show Making their debut at the London Boat Show next week are more than 75 of the latest, highly-anticipated sail and power boats, innovative watersports craft, plus an array of exciting new marine equipment, gear and services for 2018. Posted on 5 Jan
First ever Adventure Park at London Boat Show
Indoor wakeboarding towed by cable, and a SUP pool The Adventure Park marks the latest interactive addition to the all-new Boating & Watersports Holiday Show set to entertain and wow visitors to the London Boat Show in January. Posted on 3 Jan
Never before seen interview
With round the world sailing legend, Mike Golding As one of the world's most accomplished and successful offshore sailors, Mike Golding has proven that his 'skills' stretch further than just mastering the art of sailing in this satire interview, released today ahead of the London Boat Show 2018. Posted on 26 Dec 2017
Countdown to the London Boat Show
Wrapping up the Boats! There are less than three weeks until the 2018 London Boat Show powered by British Marine. Posted on 23 Dec 2017
YouTube's most famous sailing couple to star
At the London Boat Show 2018 Online sailing sensations, Elayna Carausu and Riley Whitelum (a.k.a. Sailing La Vagabonde), will be flying into the UK to exclusively appear at the London Boat Show, sharing the secrets behind their fame and sailing adventures. Posted on 22 Dec 2017
Inland boating to make an impressive return
To the London Boat Show 2018 Some of the UK's finest inland boating companies will form a central part in promoting the best of inland boating on London Boat Show 2018's waterways attraction, the Lock & Waterside Pub. Posted on 7 Dec 2017