Tag Archives: industrial strategy

Liz Lynne writes: Making the industrial strategy work in the Midlands

jaguarFor years people have been writing off our UK manufacturing industry and underplaying the part it plays in boosting the economy. In my view there has been too much emphasis on the service sector and not enough on manufacturing. I am therefore delighted about the announcement in the Autumn Statement on Capital Allowances. It is something that many people in industry have been calling for for years. By raising the allowance tenfold from £25,000 to £250,000, the government is encouraging investment in new plant and machinery, and providing an incentive for profitable manufacturers to invest in new capacity. This is a government decision that will create new long term jobs.

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Ian Swales MP writes… Making the industrial strategy work on Teesside

The chemical industry is vital to the UK.  It is already the biggest export business in the UK at £43 bn. However imports have risen after various shut downs, and the amount we are importing is, in my view, unnecessarily high.  There are major opportunities for new investment to bring production of key materials back into the UK and bring jobs, growth and expertise with it.

My constituency of Redcar is part of an area which has traditionally been a hub of the UK chemical industry. Chemicals are key

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Gordon Birtwistle writes…Making the industrial strategy work in Burnley

Aerospace manufacturing is a huge contributor to the economic make up of Burnley, a town steeped in manufacturing tradition. International aerospace manufacturers Aircelle are at the forefront of high tech manufacturing for the aerospace industry and are a great provider of jobs and wealth to the local and national economy.

Burnley has benefited well from all three rounds of the Regional Growth Fund (RGF). The government has awarded £1.8m to the redevelopment of the old Michelin site into a brand new state of the art Aerospace Supply Chain Park. The bid was put forward by a consortium headed up by Aircelle …

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IPPR: making the Third Wave of Globalisation work for us all

A new report by the Institute for Public Policy Research (IPPR), headed by a foreword by Lord Peter Mandleson, takes an in-depth look at the positive and negative impacts of the increased internationalisation of trade – what they characterise as the Third Wave of Globalisation.

IPPR’s Will Straw and Alex Glennie set out how the modern increase in global commerce is distinct from those seen around the Industrial Revolution and World War II that were dominated by the UK and the USA respectively. Today’s growth in global trade is lead by developing economies in the East with a …

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