Member Article

"Treat growth promotion like deficit reduction," says EEF

Manufacturers will urge the Government to outline a new strategy for growth within regional businesses, according to manufacturers organisation EEF.

Ahead of its annual conference in London, EEF said it expects the industry make itself known to the Government, and highlight the importance of green investment, management of global supply chains and skill and innovation, as well as a focus on exports.

Terry Scuoler, EEF Chief Executive, said: “This powerful gathering of UK manufacturing leaders will remind policymakers that they must take the same single-minded approach to growth promotion as they are applying to deficit reduction.

“Timed just ahead of the budget, the conference will call for bold, joined-up action to ensure that the UK economy moves out of the doldrums by taking full advantage of our industrial capabilities.”

Conference speakers will include Shadow Chancellor Ed Balls, Former Deputy PM Lord Heseltine, and industry heads such as Goldman Sachs’ asset management chairman, Jim O’Neill, and Siemens UK chief executive, Roland Aurich.

Asset finance provider, Lombard, will support the event taking place in March.

Andy Hart, Lombard’s interim managing director, commented: “Supporting the UK manufacturing sector is important to us, and we are therefore delighted to again sponsor the EEF’s National Conference.

“Over the past few years we have been working closely with EEF and other manufacturing stakeholders to help raise awareness of the importance of increasing capital investment in the sector.

“This year’s Conference theme – The Route to Growth – provides a great platform to broaden this campaign.”

This was posted in Bdaily's Members' News section by Miranda Dobson .