Govt brings forward manufacturing strategy
Mon 8 Sep 2008 at 2:26 PM
Govt brings forward manufacturing strategy
The government has brought forward the launch of its strategy to help UK's manufacturing sector.
New Challenges, New Opportunities is devised to help firms manage global changes and support industrial jobs.
Business secretary John Hutton said manufacturing is "central to the success of the UK economy".
He hoped the new initiative will give the sector "the right foundations to endure the current economic slowdown and emerge stronger and fitter than ever".
The scheme includes £150 million of medium-term support for UK manufacturing and details the government's understanding of the sector's future.
The government is keen to direct the economy towards opportunities arising from environmental concerns.
"With the right support in place, we can grow our nuclear and renewables industries to become world-leaders in green technologies, supporting hundreds of thousands of 'green collar jobs'," Mr Hutton added.
Environmental pressure group Friends of the Earth strongly opposes the government's plans for new nuclear powerplants – it claims green energy from solar, wind and hydroelectric sources is cleaner and safer.
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