Productivity challenge puts the North’s manufacturing sector in sharp focus
New statics put the productivity challenge facing Britain’s manufacturers in sharp focus. Manufacturing productivity grew by 4.7% a year between 2000 and 2007 - since the turmoil of 2008 it has flatlined at less than 1% a year.
EEF, the manufacturers’ organisation, last month called for the immediate creation of an Industrial Strategy Council. And it says it should be given the “urgent task” of setting clear goals that will focus on solutions to boost productivity growth.
Lee Hopley, chief economist at EEF, said: “We... For the full story register now for free or login below...