Ceramics industry struggles for survival in UK

What happened: The UK ceramics industry is grappling with survival, with companies facing high production costs and competition from cheaper imports. Portmeirion, a Staffordshire-based homeware brand, is struggling despite its intricate, skilled production process. Meanwhile, Tessa Oldroyd, a tile maker, is keeping Britain's tile-making heritage alive but faces an uncertain future. Former Burberry boss Christopher Bailey has stepped in to rescue Burleigh Pottery, a Stoke-on-Trent company founded in 1851.

Market impact: The ceramics industry, a significant employer in the UK, is under threat. High energy costs, Brexit-related trade disruptions, and cheaper imports from Asia are driving this narrative. The survival of these companies impacts regional economies and supply chains, with potential job losses and reduced tax revenues.

What to watch next: In Q2 2023, Portmeirion's earnings report will provide insights into its operational health and cost-cutting measures. Additionally, the UK government's response to the industry's call for more help, expected by mid-2023, will be crucial. Lastly, Burleigh Pottery's turnaround plan under Bailey's leadership will be a key indicator of the industry's resilience.