Commenting on the speech by the Prime Minister, Terry Scuoler, Chief Executive of EEF, the manufacturers’ organisation, said:
“It's a reason to cheer out loud when the Prime Minister champions the need to rebalance the economy with a re-energised industrial strategy. Manufacturers are the backbone of many communities and their success is dependent on the best possible business conditions. The Government's strategic decisions on infrastructure, tax, education and skills make the difference between great success and mediocrity.
“I applaud the strong commitment to getting a balance between a flexible economy and employees' rights which is a goal we support. We must remember, however, that the vast majority of businesses are well-run and committed organisations who train their people, provide pensions and operate in a fair and ethical manner. There will always be bad apples that require attention and there are plenty of ways to do that and, bring pressure to bear for change, without requiring legislation which penalises the majority to target the few.
“But the Prime Minister must be careful in her approach to leaving the EU. We want an exit deal that builds on close co-operation and shared interests. The Government must avoid ill thought through pronouncements on immigration which will damage the economy and our businesses. We need a level-headed approach to leaving the EU, not a hard-edged race to the exit door.”