Manufacturing still 5 per cent below pre-recession peak, says TUC
“The Chancellor promised a ‘march of the makers’, but manufacturing is still five per cent below its pre-recession peak and is declining again. At least the Grand Old Duke of York marched them up to the top of the hill before he marched them down again.
7 July 2015
Commenting on the publication today (Tuesday) of the latest index of production figures by the Office for National Statistics, TUC General Secretary Frances O’Grady said:
“The Chancellor promised a ‘march of the makers’, but manufacturing is still five per cent below its pre-recession peak and is declining again. At least the Grand Old Duke of York marched them up to the top of the hill before he marched them down again.
“The government has had over five years to strengthen manufacturing, and has failed. But it’s no surprise when so much of the investment that would have made a difference has been cut, such as funding for catapult centres for technology and innovation in manufacturing.”
NOTES TO EDITORS:
- All TUC press releases can be found at www.tuc.org.uk
- Follow the TUC on Twitter: @tucnews
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