Manufacturing Industries: Trade Competitiveness

Business, Enterprise and Regulatory Reform written question – answered on 15th October 2008.

Alert me about debates like this

Photo of Jim Cunningham Jim Cunningham PPS (Mr Mike O'Brien, Minister of State), Department for Work and Pensions

To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform what recent steps the Government has taken to assist the UK manufacturing sector to compete internationally.

Photo of Ian Pearson Ian Pearson Parliamentary Under-Secretary, Department for Business, Enterprise & Regulatory Reform, Economic Secretary, HM Treasury

holding answer 8 October 2008

UK manufacturing is already very successful in global terms. The UK remains the world's sixth largest manufacturer. The Government launched its new strategy "Manufacturing: New Challenges, New Opportunities" last month. It brings together almost £150 million of support for UK manufacturing. Its overarching aim is to ensure that UK manufacturing continues to have the right long-term framework of support to ensure it emerges from the global slowdown stronger and fitter than ever, and better placed to exploit the new opportunities of an increasingly interconnected economy.

The new package of support accompanying this strategy will help UK companies exploit the considerable opportunities in high growth new emerging markets. For example, UK Trade and Investment (UKTI) will provide new support for 600 companies of all sizes to identify manufacturing opportunities in India and China and will also promote UK manufacturing excellence internationally through UKTI led marketing campaigns.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.