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Commenting on the announcement today (Friday) by Business Secretary Vince Cable MP that there is to be £1bn of new investment in the automotive industry, TUC General Secretary Frances O'Grady said:

date: 12 July 2013

embargo: For immediate release

Commenting on the announcement today (Friday) by Business Secretary Vince Cable MP that there is to be £1bn of new investment in the automotive industry, TUC General Secretary Frances O'Grady said:

'It's great to see ministers finally recognise that government can play an active role in driving growth, backed up by a proper industrial strategy and genuine investment.

'This marks a welcome break from the failed laissez-faire approach that has so caused so much damage to the UK's industrial base.

'What we now need is for more investment across all industries to drive skilled job creation and more opportunities for young people.'

NOTES TO EDITORS:

- The TUC's campaign plan can be downloaded from www.tuc.org.uk/campaignplan

- All TUC press releases can be found at www.tuc.org.uk

- Follow the TUC on Twitter: @tucnews

Contacts:

Media enquiries:
Liz Chinchen T: 020 7467 1248 M: 07778 158175 E: media@tuc.org.uk
Rob Holdsworth T: 020 7467 1372 M: 07717 531150 E: rholdsworth@tuc.org.uk
Alex Rossiter T: 020 7467 1337 M: 07887 572130 E: arossiter@tuc.org.uk

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