Why manufacturing is key to our economy : vimarsana.com

Why manufacturing is key to our economy


CEO Comtek Network Systems UK Ltd and chair DBF
Despite the myth that we don't build anything in Britain, the UK is the ninth largest manufacturing country in the world, according to Make UK, the manufacturers organisation.
North East Wales and North West England is the largest manufacturing hub for the UK, worth about £30bn. However, the services sector, such as leisure, retail, entertainment, etc accounts for over 75% of the UK's GDP. The UK's car exports in 2019 were valued at about £32bn.
The 1980s saw a massive decline in manufacturing with the total demolition of our electronics and telecommunications sectors. It was painful to watch the disappearance of amazing, world-leading, technology companies such as Racal Electronics, Plessey, Marconi, GEC, STC and Ferranti Computer Systems, to name but a few.

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