Summit considers how to boost growth in UK manufacturing

Specifically, they looked at how both parties could work together in promoting manufacturing excellence, challenge perceptions of the industry and dispel the belief that Britain does not produce goods.

Will Butler-Adams from Brompton Bikes said: ‘There is a common misconception that there is no manufacturing in the UK, yet we are one of the largest manufacturers in the world; leaders in Formula One (F1), aerospace, defence and, of course, folding bikes to name a few; contributing some 18 per cent GDP.’

Last week, the CBI announced that export orders are driving sustaining growth in the manufacturing sector, a trend that looks set to continue into 2011.

This was echoed by the EEF, whose ‘Economic Prospects 2011’ report shows that growth for the economy is set to be better balanced as investment and net trade start to make sustained contributions.

Despite the relative buoyancy of manufacturing, there is concern that the outdated image of the sector is restricting its ability to attract the best talent, creating a barrier to growth.