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CBI chief: UK growth will rely on manufacturers

22 November 2010
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CBI chief: UK growth will rely on manufacturersThe new director-general of the Confederation of British Industry (CBI) has declared manufacturing will play a central role in future economic growth in the UK.

John Cridland forecast a renaissance for British manufacturing and exporting in order to reduce the level of dependency on financial services, with energy and low-carbon investment expected to drive markets.

An article for the Telegraph quotes the newly-appointed CBI chief as stating: "I'm confident that growth is gradually strengthening."

During the interview, he outlined his vision for the UK during the coming decade, stating he wants "our productivity, our export performance, our investment" to be at the top of the global league table of countries.

In comments that may interest operations management professionals, Mr Cridland added access to finance and "common sense" regulations are needed to secure future growth for industry.

He was appointed to succeed former Financial Times editor Richard Lambert - who is stepping down from the post - and will take over at the end of January.

Recent figures from the CBI showed an increase in demand for goods made in the UK during November 2010 compared with October.ADNFCR-3058-ID-800249746-ADNFCR
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