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BRITISH manufacturing is on the brink of contraction because the government’s strategy is all “built on slogans and soundbites,” unions warned yesterday.
New figures from the Markit/CIPS manufacturing purchasing managers’ index showed the sector barely remained in growth, with a reading of 50.8 in February, down from 52.9 in January. Readings below 50 indicate decline.
The figure is the worst since August 2013 and will cause embarrassment for the Tories who have boasted of their administration bringing about “the march of the makers.”
The biggest strike in global history is a template for our future. The silence tells you all you need to know, writes CLAUDIA WEBBE
As bus builder Alexander Dennis threatens Falkirk closure and Grangemouth faces ruthless shutdown by tax exile Jim Ratcliffe, RICHARD LEONARD MSP warns that global corporations must be resisted by a bold industrial strategy based on public ownership