The re-balancing of the economy which Osborne promised has been all but abandoned.
Tag Archives: Manufacturing
Unite has set out ten recommendations for rebalancing the economy and developing an effective manufacturing strategy.
Claims by the coalition government that the UK’s beleaguered manufacturing sector is beginning to show signs of recovery were dealt another blow this week by the reliable Markit/CIPS purchasing managers’ index (PMI), which showed that manufacturing contracted in the first quarter of 2013.
Figures published last week showed a shock contraction in manufacturing which rounded off another dire week for the UK economy and signalled yet more misery for ordinary working families at the hands of government austerity.
Socialist MEPs argue that the EU should intervene directly to revive manufacturing across Europe.
Labour must have a manufacturing strategy, writes Tony Burke, assistant general secretary, Unite.
The UK’s manufacturing sector took another big hit last week when official data showed manufacturing had performed much worse than predicted.
George Osborne came under increasing pressure today to change course ahead of his autumn statement as new figures showed UK manufacturing continues to decline.
The lack of any coherent manufacturing and industrial strategy from the current government is proving to be a disaster for the UK economy, writes Tony Burke.