What manufacturers don't want is uncertainty, particularly currency uncertainty . While in theory a weaker pound is good for exporters and so makes British goods more attractive, many orders these days are tied to long term contracts with fixed exchange rates. Therefore, a cheaper sterling actually can mean manufacturers are out of pocket against actual costs of manufacture where often components come from overseas.
Again, in theory a cheaper pound makes the UK more attractive for investment from overseas and with the UK liberal takeover rules, British companies suddenly become more price attractive.
The counter to this is that a sterling hedge in earnings becomes less attractive; investment slows until the currency stabilises and in the short term imports for consumers become more expensive, inflation increases reducing consumer spending and wage demands grow
Manufacturers hate uncertainty but have the chance to influence policy by submitting comments to the treasury on Brexit by 31 January. Don't miss the opportunity to get your voice heard!
Brexit talks to rock pound as Article 50 marks sterling's 'final dip'. The expected triggering of Article 50 in the first quarter of 2017 is predicted to push down the value of sterling against a basket of major currencies, dragging it to a 32-year low against the dollar.