Manufacturers expect an improved outlook this year which should lead to growth in exports and more investment in jobs, according to a new report.
A survey of 200 senior executives by EEF, the manufacturers' organisation and Aldermore Bank found a more positive outlook than the muted picture of a year ago, with growth expected in all markets and across all sectors and sizes of companies.
Two fifths of companies said they plan to invest in the UK, with a further fifth saying their investment would be significant.
EEF chief executive Terry Scuoler said: "Manufacturers are telling us they expect to make a greater contribution to growth, investment and jobs this year".
More top news
The PM promises to double to 200,000 the number of homes built under an existing scheme aimed at easing Britain's housing shortage.
The Met Office has weather warnings in place for snow and ice until 10am in the north and west.
The plan, which would effectively strip banks of the benefit of recent corporation tax cuts, forms part of the party's election manifesto.