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£250 million for UK manufacturing?
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01/01/2006
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The announcement last month that the Manufacturing Advisory Service (MAS) is to deliver a further £250 million worth of ‘added value’ to UK manufacturers over the years to 2008 provided an apparently welcome end to a year most notable for rather less than good news. ‘Apparently’, because £250 million doesn’t mean £250 million: it actually means £34 million of public money, half from the DTI and the rest from the Regional Development Agencies in England and their equivalents in Wales. The £250m is merely the improvement in total ‘gross value added’ (GVA) manufacturers who take MAS assistance might expect to notch up
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Author
Brian Tinham
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