Make UK draw up three-point plan for recovery
Make UK is calling on government to extend the furlough scheme for manufacturers so that they can scale up operations once Covid-19 restrictions ease.
This is one part of a three-point plan drawn up by the manufacturers association intended to help the sector recover following the Covid-19 crisis. Other measures (see below) include boosting economic support, ensuring a safe return to work, and helping manufacturers build resilience.
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The call comes as 37 per cent of manufacturers say they do not expect trading conditions to return for normal for 6-12 months after COVID crisis ends. A further 17 per cent say it will take over a year to recover
In a statement, Stephen Phipson, Make UK chief executive said: “Industry welcomed the initial critical financial support from government but now as we move into the recovery stage the right response is to focus on supporting the business sector with measures designed to stimulate demand and ensure manufacturers can get back to supplying the goods consumers want and our country needs.
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