George Osborne’s ‘march of the makers’ is stuck on the ‘road to nowhere’ warned Britain’s largest union Unite, as official figures showed a decline in manufacturing with output still 4.4 per cent below its pre-recession peak.
The slump in manufacturing undermines the chancellor’s claims of a re-balancing of the recovery, which is being led by consumer spending and the dominant services sector. The Office for National Statistics (ONS) figures come hours ahead of chancellor George Osborne's annual Mansion House speech.
Commenting Tony Burke Unite assistant general secretary said: "These figures show manufacturing is still five per cent below the pre-recession peak. George Osborne’s lack of any joined up industrial and manufacturing strategy is to blame, leaving his march of the makers stuck on the road to nowhere.
“The question marks on continued EU membership and the deep cuts planned for the July budget are adding to the gloom and uncertainty among manufacturers and our members.
"UK manufacturing needs an industrial strategy that addresses skills, investment and low productivity. We would urge George Osborne to drop the soundbites when he delivers his budget next month and put decent jobs and manufacturing at the heart of the UK economy.”
For further information please contact Unite head of media and campaigns Alex Flynn on 020 3371 2066 or 07967 665869.
Notes to editors:
- Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey