Liberal Democrats in Business

News and views from the Lib Dem Trade and Industry Team, Vince Cable and Brian Cotter

Growth Figures Show Chancellor Must Act To Save Manufacturing Jobs-Taylor

12.00.00am BST (GMT +0100) Fri 22nd Aug 2003

Lib Dem Shadow Chancellor of the Exchequer, Matthew Taylor MP

Matthew Taylor MP, Liberal Democrat Shadow Chancellor, responding to today's growth figures from the Office of National Statistics, said: "Given that manufacturing has grown by only 0.1% on the same quarter of last year, compared to growth in the service sector of 2.5%, it is clear that the problems in manufacturing continue to hold the economy back."

"As the rise in services is only being fuelled by unsustainable consumer borrowing, it is time the Chancellor realised helping manufacturing recover is vital if he is to pay for his health and education plans."

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[Other news stories from August 2003 (19)]

Related News Stories:

Wed 16th Feb 2005:

[Manufacturing Jobs Hit Record Low]

Wed 1st Dec 2004:

[The Chancellor Must Avoid Spin and Ensure The Public Trusts The Governments Figures]

Tue 6th Jul 2004:

[Manufacturing Jobs Halved Since Records Began]

Wed 30th Jun 2004:

[GDP Figures: Manufacturing Decline A Bad Omen For The Economy - Cable]

Wed 16th Jun 2004:

[Manufacturing Jobs: Lowest Since Records Began]

Fri 16th Apr 2004:

[Nearly 100,000 Manufacturing Jobs Lost In A Year]

Mon 5th Apr 2004:

[Falling Manufacturing Figures Reveal Imbalanced Economy]

Wed 31st Mar 2004:

[New Figures On Debt Show Hidden Problem]

Tue 10th Feb 2004:

[Trade Figures Show Imbalance In Economy]

Wed 17th Dec 2003:

[Over 3/4 Million Manufacturing Jobs Lost Since Labour Came To Power - Holmes]

Wed 12th Nov 2003:

[Government Has Given Up Fight To Save Manufacturing - Holmes]

Wed 15th Oct 2003:

[Liberal Democrats - Jobs Continue To Haemorrhage In Manufacturing]

Mon 11th Aug 2003:

[Taylor Comments On Trade Deficit Figures]

Fri 25th Jul 2003:

[Growth Figures: Brown Says Spend To Save My Bacon]

Thu 19th Jun 2003:

[SALES FIGURES SHOWS CHANCELLOR IS ON EVER THINNING ICE - TAYLOR]

Thu 22nd May 2003:

[BROWN LOOKING MORE ISOLATED ON ECONOMIC GROWTH FIGURES - TAYLOR]

[RETAIL GROWTH FIGURES MAKE BROWN'S FORECASTS LOOK INCREASINGLY UNREALISTIC - TAYLOR]

Thu 15th May 2003:

[TIME TO CALL IN THE AUDITORS TO GET A BELIEVABLE GROWTH FORECAST - TAYLOR]

Fri 9th May 2003:

[HOW MANY MORE MANUFACTURING JOBS MUST BE LOST BEFORE BROWN ACTS?]

Tue 6th May 2003:

[GOVERNMENT MUST ACT NOW TO SAVE MANUFACTURING - COTTER]

Related Speeches:

Wed 1st Dec 2004:

[The Chancellor must avoid spin and ensure the public trusts the Government's figures]

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