Regional Business Information for the West Midlands
Business leaders welcome Cable's pledge on industrial policy
12th September 2012
By Duncan Tift - Deputy Editor, West Midlands
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Business Secretary Vince Cable
A PLEDGE by Business Secretary Vince Cable to put an industrial revival strategy at the heart of the UK economic policy has been welcomed by business leaders.Mr Cable’s promise to place greater focus on growth sectors such as aerospace, the car industry and science found particular favour.David Caddle, area director, Manufacturing Advisory Service, said: “As seen in the results of our latest Barometer, manufacturing SMEs are growing and are keen to exploit new opportunities, especially overseas where British desig......for the full story register now for free or login below...
A major contribution which the "establishment" - Banks, Chambers of Commerce, Government" could make would be to the process would be to provide a detailed analysis of imports. What should follow then could be some grant aid, if necsary, to seek to replace imported goods by making them here. This would have the obvious balance of payments benefit, but above all could create more jobs here. House building oculd be a good place to start - all housebuilders could contribute information
David Deanshaw