Last week the political light shone on the manufacturing sector with the different parties setting out their different policies for helping the sector get back on its feet again.
The sector has seen a massive decline since its heyday when it was employing many millions of people and making up a large percent of the nations GDP. However since the 1970's the sector has been in a bit of a decline and more recently has suffered from competition from abroad where labour is cheap and a depleting skills base, not helped by lay-offs during the recession.
So what does the future hold? Well, according to Digby Jones, former head of the CBI, speaking to the Guardian last week the hopes of recovery have never been better. He said the weak pound and continuing goodwill towards the UK mean the timing has never been better.
To hear what George Stuart's Managing Director, Richard Merrick, thinks click here to read the full story in the news section of the main site.
To read the full Guardian article click here
Monday, 19 April 2010
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