15 Apr “A modern manufacturing renaissance – with UK steel at the heart”
“Forty years ago, manufacturing accounted for 30% of GDP in this country. It now stands at barely 9%. If there is to be any serious agenda for levelling up in this country, we need a modern manufacturing renaissance to close the gap between the regions, to rebalance between services and manufacturing, and to be a country that is actually exporting again, which has a massive impact on our balance of trade. We need steel to be at the heart of that modern manufacturing renaissance.”
Stephen Kinnock MP spoke in Parliament on 12 June 2020 about the importance of manufacturing to the UK economy and to the post-pandemic recovery, and why the UK steel industry must be at its heart.
Read the speech here.
Watch the speech here.