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MANUFACTURING currently makes up around 10 % of the UK economy and accounts for over two-thirds of all UK spend on research and development , so it is vital that its voice is heard and helps shape the UK ’ s future economic performance .
The new CEO-level council will bring together dozens of the UK ’ s top manufacturers – small , medium and large – from across the country and will be chaired by Tom Crotty , Group Director of Ineos . At the heart of the group ’ s work will be :
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• Shaping the skills agenda to build a UK workforce fit to adapt to AI and digitisation
• Building a new visionary industrial strategy that supports productivity
• Creating pathways to the delivery of the UK ’ s target of 3 % of GDP invested in R & D by 2020
• Delivering a Brexit that works for the UK ’ s manufacturing base .
Carolyn Fairbairn , CBI Deputy Director-General , said :
“ A strong and diverse UK manufacturing industry is
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the foundation of a robust economy . And with the global economy changing at a dizzying pace , it has never been more important that its voice is heard loud and clear . Building on our strengths in innovation , science and emerging technologies , the prize is to make the UK one of the greatest success stories of the next wave of global industrialisation .
“ Our surveys show that UK manufacturers are on the march , with production and orders growing strongly , but with the challenges posed by
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Brexit , everything possible must be done to ensure they can stay ahead of the game . It is a time to build the confidence to invest and export , creating new high quality jobs across the country .”
Tom Crotty , Group Director of Ineos , said :
” A vibrant manufacturing sector is essential to the growth of the UK economy . It provides high quality , skilled jobs , boosts the country ’ s trade position and allows the UK to compete in a challenging and changing world .“
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