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British manufacturing is to slide to 20th position in the world competitiveness rankings over the next five years unless there are serious efforts to reverse the slide. The UK is currently ranked 17th, according to a global index published by Deloitte.
Business and Enterprise minister Mark Prisk has written to Vince Cable expressing his concerns that the introduction of local economic partnerships to promote growth could be a “failure in large parts of England”. In a letter obtained by The Times, Mr Prisk says the coalition policy has caused “strong concerns” among business leaders and could be “in danger of failing to aid economic growth”.
Shadow business secretary Pat McFadden has written to Vince Cable asking who knew that Tory party donor Andrew Cook lobbying has lobbied the government to cancel a loan to Sheffield Forgemasters. Nick Clegg has called the allegations "absurd".
22/08/2013 on Today, BBC Radio 4
23/07/2013 on World at One, BBC Radio 4
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