Liberal Democrats in Business

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CBI Survey: No Room For Complacency In Manufacturing

5.19.20pm GMT Mon 24th Nov 2003

Malcolm Bruce MP for Gordon (photography: Liberal Democrats)

Malcolm Bruce MP, Liberal Democrat Shadow DTI Secretary

Commenting on this morning's CBI Manufacturing Survey, Malcolm Bruce MP, Liberal Democrat Shadow DTI Secretary, said:"Encouraging signs for export order books at a 18 month high will give consumer goods companies a bit of festive cheer this year."

"But with 37% of manufactures still seeing total orders below normal and only 13% above normal, this small boost for order books leaves no room for complacency."

"The record trade deficits show that manufacturers still have a mountain to climb and they are barely in the foothills at the moment."

"Manufacturers still require a breather from the tax complications that are holding them back and the red tape that is taking up their energy."

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[Previous news story]: ¼ Of Final Salary Schemes Close: Pension Time Bomb Still Ticking (Thu 20th Nov 2003).
[Next news story]: Productivity Gap: Set Business Free To Invest (Mon 24th Nov 2003).

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