Beckett tells firms to try self-help

Trade and industry secretary Margaret Beckett said this week that it was down to manufacturers, not the Government, to counter the effects of the high value of sterling. Beckett, speaking in a Commons debate on the Budget, suggested that suffering exporters should look for less sensitive markets. The Conservatives had attacked the Budget for its […]

Trade and industry secretary Margaret Beckett said this week that it was down to manufacturers, not the Government, to counter the effects of the high value of sterling.

Beckett, speaking in a Commons debate on the Budget, suggested that suffering exporters should look for less sensitive markets.

The Conservatives had attacked the Budget for its failure to take steps to stop the rise of sterling. Former chancellor Kenneth Clarke said that ‘manufacturing industry is about to go technically into recession’.