Submission to the Chancellor ahead of the Pre-Budget report to highlight ways in which the government can provide a stable and supportive business environment for manufacturers as the sector moves from recession to recovery.
UK manufacturers have experienced very difficult conditions over the past 12 months and the consensus view is of an anaemic recovery. EEF’s analysis suggests that an upturn is unlikely to gain momentum until well into 2010 and there are a number of factors – both domestically and in the wider global economy – that could keep manufacturing output well below pre-recession levels for a sustained period.
read our joint submission letter to the Chancellor