What future for Britain’s shrinking industry?

The Commons trade and industry select committee is holding an inquiry into the future of manufacturing in Britain. Many would wager that the conclusions will not make happy reading.

Manufacturing in Britain is fighting an uphill battle.

Not all of it all the time. But for most firms it is hard going. Manufacturing now accounts for less than 15% of the economy’s output – about half the size of the business and financial services sector and similar to distribution, hotels and catering.

Guardian Unlimited Business | | Undercut and under pressure: what future for Britain’s shrinking industry?

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