Coronavirus: UK manufacturers urge national recovery plan as output plummets

Make UK said the government should launch a stimulus package, beginning with a business rates holiday for manufacturers, similar to that granted to the retail sector earlier this year. This should be accompanied by other measures including a National Infrastructure Strategy to help supply chains, a car scrappage scheme and incentives to invest in digital transformation and productivity improvements. Now is the time for the government to step up and show its support.” According to the survey, output reached a record low of -56%, while both UK and export orders fell to -52%, comparable to the levels seen during the worst of the 2008 financial crisis.

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