Party leaders urged to rebalance the economy

Joseph Millis
BRITAIN’S political leaders are being urged by manufacturers to back policies that will rebalance the UK’s economy, following a YouGov poll suggesting strong support for such a move from voters.

EEF, the manufacturers’ organisation’s call follows new research confirming widespread support for industry’s demands for better-balanced growth.

According to the YouGov poll, 63 per cent want to see Britain enjoying a better-balanced economy, where growth is sustainable and the economy is growing across different sectors.

More than eight in ten – 85 per cent – want the next government to promote a stronger manufacturing base, believing it will deliver more jobs, economic growth and prosperity.

EEF chief executive Terry Scuoler said: “The message to parties and political leaders is loud and clear: a strong, rebalanced economy has to be the long-term end goal and at the heart of your election offering. Industry and voters are singing from the same hymn sheet.

“We want a robust, stable and resilient economy with a clear focus on balanced growth and this is a message party leaders must not fail to take into the election.”

He added: “A stronger manufacturing base is a vital component – and while it is not a ‘cure all’ for every economic ill, British industry does have a fundamental role to play in building a better-balanced and more robust economy. Government can and should focus policies on delivering this aim.