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Engineering Business News and Views
News Release from: Manufacturing Technologies Association
Edited by the Engineeringtalk Editorial
Team on 24 January 2005
President praises Government initiatives
Opening the speeches at the MTA annual dinner in London last week, MTA President Paul Maynard outlined the MTA's views on the Government and the current state of manufacturing in the UK.
Opening the speeches at the Manufacturing Technologies Association (MTA) annual dinner in London last week, MTA President Paul Maynard outlined the MTA's views on the Government and the current state of manufacturing in the UK Maynard praised the Government for providing a stable economic environment for business to operate in and acknowledged that the Government's attitude towards manufacturing has improved
This article was originally published on Engineeringtalk on 1 Dec 2005 at 8.00am (UK)
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He did however raise concerns about the ongoing burdens of regulation and the adverse implications of price-rises in raw materials and energy costs over the next few years.
Another important point raised during the speech outlined concerns employers have about the windfall the government is gaining from IPT tax on escalating employers' liability insurance.
CBI Director General, Digby Jones followed Maynard, and developed some of his themes to remind guests that British manufacturing has a great deal to offer in a global context.
His speech concentrated on British achievements, such as the UK's status as a world leader in R and D and innovation, the most recent example of which is involvement in the Airbus project.
Jones also reminded the audience that in order to sustain this position companies must be prepared to invest in their staff.
He told the audience that it is imperative that employers up skill their workforce, to ensure that high value manufacturing remains in the UK in the long-term.
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