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Budget ''will assist UK''s manufacturing sector''

29 March 2011
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Budget ''will assist UK''s manufacturing sector''Manufacturing in the UK will receive a boost as a result of the recent 2011 Budget, it is claimed.

In a blog entry, Andrew Sissons, a researcher for the Work Foundation, welcomed measures introduced during the annual speech to the House of Commons, including the focus on producing goods in the UK.

Mr Sissons pointed to a series of 11 initiatives to assist the industry outlined in the government's Plan for Growth, including measures to increase links between companies, investment in research and a reformed Manufacturing Advisory Service.

Individuals concerned with manufacturing management may be interested in his comment that ministers need to recognise the importance of manu-services to the sector - as well as high-tech production - and ensure young people have the requisite skills to ensure its future success.

"The government needs to get even more serious and more sophisticated about manufacturing over the coming years," he declared.

In the 2011 Budget, announced on March 23rd, chancellor George Osborne stated the coalition wants to "encourage manufacturers to invest in the latest machinery and technology" and announced a series of plans, such as doubling capital allowances for short life assets.ADNFCR-3058-ID-800479262-ADNFCR
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