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Manufacturing gets a boost

Enterprise minister Mark Prisk has launched (another) review, this time focusing on the advanced manufacturing sector.

The “Growth Review Framework for Advanced Manufacturing”, launched last week, will examine how the government can remove the barriers that are preventing the UK from becoming Europe’s top exporter of high value goods.

“While recent statistics have shown the future is bright for manufacturing, there remains challenges that the government will need to work with industry to address,” says Mark Prisk.

“A strong manufacturing base is essential for a balanced economy, where exports and investment drive growth, not debt and unsustainable government spending. The review will see the government align with industry to put manufacturing industries on a more solid footing than in the past decade.”

Mark Prisk also announced that the government will invest £50m in the Manufacturing Advisory Service (MAS) over the next three years. MAS provides an advice service to the industry, helping SMEs become more productive and competitive.

The government will also hold an advanced manufacturing summit in January, where Nick Clegg, Vince Cable and Mark Prisk will meet with key manufacturing stakeholders.

Want more Read the government’s review, “Growth Review Framework for Advanced Manufacturing”, below.

Picture source

Download and read the review here (PDF, 240KB)


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