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Call for Autumn Statement to improve conditions for manufacturers

18 October 2011
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Call for Autumn Statement to improve conditions for manufacturersThe forthcoming government Autumn Statement should include measures that will boost business growth and benefit the UK's manufacturing industry, it has been claimed.

Operations management professionals are advised that EEF, the manufacturers' organisation believes that weaker growth is risking the economy and reforms are needed to address the problem and boost confidence among firms in the sector.

EEF chief executive Terry Sculoer stated that manufacturers want to invest, but need incentives to do so, including a reduction of employment red tape, efforts to address the cost of combating climate change and improved banking industry competition.

Manufacturing management experts may also be interested in his statement that "failure to act now will only make the future challenges even bigger and risks undermining our hard-won fiscal credibility".

EEF recently welcomed the focus on production in a recent speech by prime minister David Cameron at the Conservative Party's autumn conference, but stressed the importance of putting policies in place that stimulate economic growth.ADNFCR-3058-ID-800761864-ADNFCR
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