• Privacy policy
  • T&C’s
  • FAQ
  • Meet the Team
  • About TLE
SUPPORT FREE INDEPENDENT JOURNALISM
  • TLE
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Food
  • Lifestyle
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
  • TLE
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Food
  • Lifestyle
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home Business & 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
November 11, 2019
in Business & Economics, Economics
620,000 manufacturing jobs have been lost since financial crisis

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

Labour deserves to form the next government leading economists tell the FT

IFS warn austerity ‘baked in’ a Tory manifesto with ‘notable’ lack of social care funding

Corbyn issues tax warning to multinational companies

Debunking the myth that Tories are better than Labour with the economy

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
Support free independent investigative journalismSupport free independent investigative journalismSupport free independent investigative journalism
Jack Peat

Jack Peat

Jack is a business and economics journalist and the founder of The London Economic (TLE).He has contributed articles to The Sunday Telegraph, BBC News and writes for The Big Issue on a weekly basis.Jack read History at the University of Wales, Bangor and has a Masters in Journalism from the University of Newcastle-upon-Tyne.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending fromTLE

  • All
  • trending
Jeremy Corbyn is the most smeared politician in history

Jeremy Corbyn is the most smeared politician in history

The story of how the Conservatives crippled the country

The British Government has ruined my life

SWNS Pictures of the Year 2015 - One hundred of the most compelling images on the SWNS wire this year as chosen by our picture editors. Refugees from Syria leave Glasgow Airport in five coaches in heavy rain, November 17, 2015, from where they will be dispersed to their new homes within Scotland. See SWNS story SWREFUGEE: The first charter flight carrying Syrian refugees arrived in the UK yesterday (Tues) as part of the Government's resettlement scheme. Around 100 people were transported by plane from refugee camps in the Middle East, travelling from Beirut in Lebanon to Glasgow Airport. Many have been described as vulnerable and some had stayed in camps for up to four years. Landing in Glasgow at 3.30pm yesterday afternoon, the first arrivals were expected to be resettled by local authorities across the country, including Glasgow and Edinburgh.

Lift The Ban petition reveals staggering cost to UK economy of asylum seekers being banned from working

Latest from TLE

BBC empty chair Johnson as Andrew Neil makes final plea to “untrustworthy” PM

BBC empty chair Johnson as Andrew Neil makes final plea to “untrustworthy” PM

Boris Johnson “running scared” as he ducks another leader’s interview

Boris Johnson “running scared” as he ducks another leader’s interview

Johnson refuses to apologise for austerity as he gets a much frostier reception in Derbyshire than Corbyn

Johnson refuses to apologise for austerity as he gets a much frostier reception in Derbyshire than Corbyn

Set For Life Results – Thursday 4th July 2019

Set For Life Results Thursday 5th December 2019

About Us

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

Read more

Address

TLE,
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

Contact

Editorial enquiries, please contact: jack@thelondoneconomic.com

Commercial enquiries, please contact: advertise@thelondoneconomic.com

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

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




No Result
View All Result
  • Home
  • News
  • Politics
  • Opinion
  • Business
  • Sport
  • Entertainment
  • Film
  • Lifestyle
  • Food
  • Property
  • Travel
  • Tech & Auto
  • About TLE
  • Meet the Team
  • Privacy policy

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