EEF comment on speech by Chancellor of the Exchequer

Subscribe to About EEF media release feeds

Published

Commenting on the speech by the Chancellor of the Exchequer, Terry Scuoler, Chief Executive of EEF, the manufacturers’ organisation, said:

“By focusing on Britain's productivity crisis the chancellor has identified one of the key challenges facing UK industry, aside from Brexit, which must be resolved. He is also moving in the right direction by committing to infrastructure, skills and innovation. Now he needs to demonstrate the detailed commitment to solving these problems in the Autumn Statement and, through a new industrial strategy.

“In the short term, focus should be on plotting a sensibly balanced course through the Brexit negotiations and injecting reassurance, and fiscal support, if uncertainty among manufacturers threatens to torpedo investment. This should include a more pragmatic tone on Brexit which continues to focus on access to the single market, together with the ability to employ and deploy labour to meet our skills requirements.”

Author

Media Team 020 7654 1576

Other articles from this author >
contact us about EEF Contact Us

Find our locations, get in touch or connect with us on our social networks

Read more >
media icon spotlight Keep up-to-date with our latest media releases

Browse our latest media releases on what matters most to manufacturers, read the facts and our comments on all major industry developments

Read more >
Online payments are not supported by your browser. Please choose an alternative browser or make payments through the 'Other payment options' on step 3.