• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
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.”

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.”

RelatedPosts

Trump unveils $499 gold mobile phones for ‘real Americans’

No ‘millionaire exodus’ as a result of Labour policies, study finds

Shops could be forced to accept cash in future

Liverpool to introduce tourist tax from June

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

Tags: headline

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

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

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← First cannabis-based medicines approved for use on NHS as huge cannabis trial unveiled ← Chinese take over set to buy British Steel out of liquidation and save 4,000 jobs
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->