A new report out today by the International Festival for Business 2016 and Oxford Economics says that British manufacturers are forecast to increase their productivity by 15.5% over the next five years, helping to increase the value of exports by 35%.
EEF welcomes the findings, saying they make a ‘powerful case’ for the Chancellor to help solve Britain’s productivity crisis by targeting Government support towards encouraging growth in high value manufacturing. Paul Raynes, director of policy, EEF. Paul Raynes, director of policy at EEF, commented: “British manufacturers are shown to be more productive…
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