Commenting on the GDP data published today Ms Lee Hopley, Chief Economist at EEF, the manufacturers’ organisation, said:
Commenting on the outcome of the HM Treasury full evidenced based review of the Fourth Carbon Budget, Gareth Stace, Head of Climate & Environment Policy at EEF, the manufacturers’ organisation said:
The UK should continue to press for reform of the EU while backing the case for Britain’s membership, the head of
, the manufacturers’ organisation in the UK, will tell newly-elected MEPs at a reception in Brussels this evening (Tuesday July 22).
New figures out today (Sunday 20th July) from UK Trade & Investment (UKTI) show that the UK has attracted the highest levels of inward investment since records began. EEF, the manufacturers’ organisation, welcomes the news, but says the UK must continue to up its game if it is to enjoy long-term growth.
Commenting on the nomination of Lord Hill as Britain’s EU Commissioner today, Terry Scuoler, Chief Executive of EEF, the manufacturers’ organisation and Chair of CEEMET, the organisation representing European Manufacturing in Brussels, said:
Government urged to legislate to limit backdated liabilities as SMEs face average bill of £2.5m
Commenting on today’s IoP data, Neil Prothero, Deputy Chief Economist at EEF, the manufacturers’ organisation, said:
• Around 40% of manufacturers’ operational costs are material costs - 75% of EU manufacturers have seen material costs increase since 2000• In the last decade, commodity price volatility has been higher than at any other time in the last 100 years – average resource prices have doubled since 2000• Demand is expected to rocket, but the UK’s sources of essential materials are concentrated, with China the leading producer of 22 elements of strategic economic value• At risk: in 2010 the EU deemed 14 materials to have supply risks – this has now increased to 20, all of which play a key role in manufacturing• Competitor countries are responding to the risk – the UK is in danger of being left behind.