Government must secure UK’s industrial sector post Brexit say manufacturers

THE Government must shore up confidence and secure the UK’s industrial future as a priority, manufacturers will tell the Business Secretary today.
 
At a crunch meeting between business groups and Sajid Javid, EEF, the manufacturers’ organisation, will seek early assurances about the Government’s commitment to securing continued access to the Single Market and protecting the UK’s trading relationships following the vote to leave the EU.

It will also call on the Government to send a clear ‘business as usual’ message to Europe and the rest of the world.

At the same time, EEF will urge ministers to avoid allowing business and the UK to fall into limbo by getting on with important investment decisions, such as expanding the UK’s airport capacity.
 
Terry Scuoler, CEO, EEF, said: “The UK Government has a major task ahead of it in supporting growth in the economy and managing the process of securing a new relationship with the EU. In the immediate aftermath of the vote, it must continue to tread carefully by not triggering Article 50 immediately, reassuring the markets and seeking to shore up business confidence.
 
“The next step is clearly for close engagement with business groups and other stakeholders to ensure that emerging signs of manufacturing recovery do not falter in the coming months and to deliver broad agreement on a clear vision for a new relationship between the UK and the EU.
 
“It is vital that Government takes immediate steps to keep manufacturing growth on track.”