05/03/2010 - Manufacturing 'needs state cash'
State investment is needed in manufacturing to create jobs or the economy will suffer further, engineering bosses have said.
The decisions made in the first 100 days of the next government will have long-lasting effects, the Engineering Employers Federation claimed.
The federation is also pushing for cash for businesses and cuts in the cost of running government.
Steve Radley, the federation's director of policy, said: "At the start of the last decade, EEF warned that the UK's economy was at a crossroads: either we grew our manufacturing base or our economy would suffer. After a painful and prolonged recession, the UK is back at that crossroads.
"We need to look again at what sort of economy we want in the future and how we get there.
"More people are beginning to realise the scale of the challenge, the value of manufacturing and the need for a strategic approach but the current debate is rooted in dated images of industry that simply do not recognise why modern manufacturing remains successful and fail to grasp what it needs to thrive in UK."
Copyright © Press Association 2010
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