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UK manufacturers advised to create growth through innovation

22 February 2010
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UK manufacturers advised to create growth through innovationThe UK''s manufacturing sector must adopt a more innovative approach to improving manufacturing processes if it is to achieve sustained growth, according to one industry expert.

David Raistrick, UK manufacturing leader for professional services firm Deloitte, said the sector had seen irreversible change over the past 15 years, with traditional industries such as steel and textiles no longer as important to the economy.

During that time, manufacturing''s share of the UK''s gross domestic product has fallen from 20 per cent to 13 per cent, but Mr Raistrick insisted the sector can regain its position.

In order to do that it must focus on improving manufacturing processes and on hi-tech industries which take advantage of the highly-skilled workforce available to companies with UK operations.

"These skills, together with an innovative approach and focus in these emerging areas, will help ensure a prosperous long-term future for British manufacturing," he added.

His views were expressed after a CBI report revealed 25 per cent of manufacturers expect to increase output over the next three months - a figure which prompted the body to state that the sector is showing signs of slowly recovering from the recession.ADNFCR-3058-ID-19627625-ADNFCR
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