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Change in attitude key to improving manufacturing processes, expert says
17 May 2010
An expert has claimed that one of the best ways to go about improving manufacturing processes could be a change of attitudes in the business world.
Ruth Lea, economic advisor to the Arbuthnot Banking Group, writing for the Telegraph, said that the importance of this sector, which counts for 10 per cent of total employment in Britain, must be acknowledged.
Furthermore, she asserted, better vocational pathways toward a job in this industry should be created in educational institutions.
"The lack of craft skills in school-leavers is a constant complaint of business in general and manufacturers in particular," Ms Lea remarked.
She also encouraged macroeconomic policy makers to aim to avoid over-valuation of the pound, as well as removing or reducing current climate change surcharges on electrical use by industries.
Recent figures released by the Office for National Statistics revealed a climb in the manufacturing index by 3.3 per cent year-on-year through March.
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