Manufacturing sector targets growth

The manufacturing sector has set out a new plan for growth which will help to create a more sustainable and balanced economy in the UK.

According to EEF, the manufacturers' organisation, workers in the industry, including those in sales recruitment posts, have welcomed the "greater clarity" that the government has provided on its tax and spending plans and on how it will play a smaller role in the economy.

"Manufacturing and the rest of the private sector are ready to take much greater responsibility for creating jobs, generating wealth through new businesses and delivering the infrastructure needed for a modern economy," the body stated.

These sentiments were echoed by EEF director of policy Steve Radley, who said the government has taken a "major step forward" by clarifying its tax and spending plans to reduce the deficit, but must build on this by developing a plan for growth.

It comes ahead of today's speech by prime minister David Cameron at the Confederation of British Industry conference, outlining how the coalition plans to take the UK forwards in the coming months.

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Posted by John Oak 

Filed: 25-10-2010