Call for 15% GDP target for manufacturing

The head of manufacturing body Make UK has called for all political parties to commit to an industrial strategy carrying an explicit target for industry to account for 15% of UK GDP, with the potential to add an extra £150bn to economic output. Addressing the recent Make UK National Manufacturing Conference at the QE2 Centre in Westminster, CEO Stephen Phipson also set out five key priorities for the next government, and called for a fundamental review of defence policy and procurement policies that favour the UK’s defence manufacturing sector.

For further information www.makeuk.org