Well, after writing my blog entry on the new Machinery Directive, it got me thinking about what the new Coalition Government had done so far for the manufacturing industry.
I decided to go straight to the top and looked on www.number10.gov.uk, the official site of the Prime Minister’s Office. From there I was redirected to the Programme for Government that sets out the government’s plans over the next five years, where members of the public had submitted thousands of comments on the plans.
In the business section summary, I wasn’t surprised to learn that the highest volume of comments was for the need to reduce regulation and this was the largest single issue raised and discussed. In its reply, the Government said that it was committed to stopping the endless flow of regulation that can act as a barrier to growth, and instead only plans to regulate as a last resort.
So, has anything happened yet? Well, according to the BBC website on September 22nd 2010, the manufacturing industry has led the recovery so far. But this, says a leading economist is because “The sectors that fall the furthest tend to come back fastest as well.”
And following on from the Spending Review in October, it seems like the manufacturing industry has not been hit as hard as it was anticipated. According to the UK manufacturing leader at Deloitte, the spending review has “introduced some sensible measures for industry.” His evaluation can be read here. He says “with neither the science and education budgets being slashed is a positive step for manufacturing.” However, the Institution of Mechanical Engineers reminds us that [although it is] ” reassured by the Government’s decision to protect the science budget, it notes that it represents a 9% cut in real terms.”
As for a decrease in the amount of regulation and registration? Well, maybe I have to fill out a form to get that information.load cells, manufacturing