Advanced manufacturing must be at the heart of UK economic future
28/07/09 | 10:28
Lord Mandelson has today launched a £150 million package to help manufacturers take advantage of emerging technologies. Commenting, Adam Marshall, Director of Policy at the British Chambers of Commerce (BCC) said:
“The future of the UK economy must be built on more solid foundations, and advanced manufacturing should be at its heart.
“The Government's investment is a welcome boost for new technologies, particularly in aerospace, where the UK has a competitive advantage. But growth in high-tech manufacturing and exports will only come together with a business environment that allows high-value manufacturing companies to thrive.
”Over the next decade, the challenge will be to get tax and regulation right, while sustaining investment in infrastructure and skills to support business growth.”
Ends
Media Contact:
Sam Turvey
Tel: 020 7654 5813
Email: s.turvey@britishchambers.org.uk
Notes to Editors:
The British Chambers of Commerce (BCC) is the National Voice of Local Business.
The BCC sits at the heart of a powerful nationwide network of Accredited Chambers of Commerce serving business across the UK, which employ over five million people.
