UK manufacturers’ expectations from Keir Starmer
UK manufacturers emphasize the need for government to prioritize “stability” as their top concern, according to Make UK, a representative body. The manufacturing sector in the East of England employs 228,000 people and contributes £18.7 billion annually. Despite this, recent data from the Dunstable and Leighton Buzzard constituency shows 35 firms closing since 2019.
Andrea Wilson, director of Hone-All Precision Limited in Leighton Buzzard, stresses the importance of an industrial strategy to align government and industry goals. She advocates for a manufacturing champion within government to advocate for industry needs effectively. Additionally, Wilson highlights the urgent need for vocational training reforms to address long-standing skills shortages in engineering and manufacturing.
Stability is crucial, asserts Wilson, citing the detrimental effects of political uncertainty and erratic policy changes on the sector’s operations and planning. She emphasizes the role of manufacturing in contributing to both regional and national economies and urges a shift in public perception toward engineering as a field of innovation and expertise.
Meanwhile, Toby Garrett of Twinplast in Dunstable, which manufactures corrugated plastic sheets, underscores the significance of stability in taxation, business rates, energy costs, and investment regulations. He credits the current capital allowance scheme for enabling significant investments in new machinery, essential for enhancing productivity and competitiveness.
According to Make UK’s survey, manufacturers in the East of England are planning investments in expanding production capacity, research and development, and workforce training. They foresee growth opportunities in sustainable products, renewable energy technologies, and advancements in AI and machine learning over the next decade.
In summary, UK manufacturers in the East of England are united in their call for governmental stability to support growth and innovation. They emphasize the need for consistent policies that facilitate long-term planning, investment, and skills development to sustain and expand their contributions to the economy.
Re-reported from the article originally published in BBC.
