• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home Business and Economics

620,000 manufacturing jobs have been lost since financial crisis

“This has not happened by chance. There are thousands of jobs that could be created in sustainable energy and renewables, but this government have failed to invest and let our contracts go overseas.”

Jack Peat by Jack Peat
2019-11-11 10:12
in Business and Economics, Economics
FacebookTwitterLinkedinEmailWhatsapp

More than 620,000 manufacturing jobs have been lost since the financial crash a decade ago, a study suggests.

The GMB union said its research showed a fall of 17 per cent since 2007, when the UK supported 3.5 million permanent and temporary manufacturing jobs.

By 2019 that figure had fallen to 2.9 million, said the union.

National officer Jude Brimble said: “It’s a scandal the Conservatives are willing to gamble away manufacturing’s future.

“Under their watch, vital contracts are being sent overseas at the expense of industries including shipbuilding and renewables manufacturing.

“The absence of any kind of industrial strategy, coupled with a complete lack of investment is robbing a whole generation of their futures.

“This has not happened by chance. There are thousands of jobs that could be created in sustainable energy and renewables, but this government have failed to invest and let our contracts go overseas.”

RelatedPosts

Britain is becoming an ‘emerging market country’

Shares in Hong Kong tech company rise by 32,000% and nobody knows why

Brace for financial crisis-style recession as Bank of England signs off biggest rate hike in nearly 30 years

Number of days UK CEO works to earn frontline workers’ salary is shocking

Rebecca Long Bailey, shadow business secretary, said: “The next Labour government will work with GMB and other unions to kick-start a renaissance in domestic manufacturing through a Green Industrial Revolution.

“The tragedy is that we will have to rebuild much of the UK’s manufacturing base, eviscerated by a decade of Tory neglect and austerity economics.”

Related: Brexit’s ‘catastrophic’ £34m bill for Scotland’s fishing sector revealed

Tags: headline

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Biden tells rich to ‘pay their share’ as Sunak shields them from post-pandemic tax raid

Lucky Numbers and Horoscopes for today 13 July 2022

Up to 500,000 homes in the UK are ‘sitting empty’

22,000 young people at risk of being homeless at Christmas

Bromley bank placed on lockdown as man douses himself in petrol

10-year-old boy stabbed in front of mother

Flats and Shanks Six Nations Round One Review

Same amount of carbon dioxide pumped out by 200 million cars ’emitted from African region blighted by drought’

Fox News apologises over ‘mentally ill’ comment about Greta Thunberg

UK & Irish homes found to be the coolest in Europe

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.