The MPA has submitted its key priorities to the UK Government for the Autumn Budget, stressing that the new Government’s economic and industrial strategy needs to fuel sustainable growth. It is also emphasising that it is vital that a good deal on Brexit is achieved that maintains UK competitiveness, protects the country’s reputation, and builds confidence to encourage investment.
MPA has outlined nine priority areas to be addressed by the government:
- Make Brexit Work for Trade and Skills.
- Develop an Industrial Strategy which Addresses Regional Disparities.
- Strengthen the National Infrastructure & Construction Pipeline and Accelerate Transport and Road Investment.
- Increase and Improve Housebuilding.
- Future Proof Energy Supply.
- Increase Annual Investment Allowances.
- Protect the Competitiveness and Productivity of UK Energy Intensive Industries.
- Freeze and Improve the Aggregates Levy.
- Implement ‘Cutting Red Tape’ Review of Mineral Extraction.
MPA Chief Executive Nigel Jackson commented: “The Autumn Budget and related policies are critical for the mineral products industry, our customers and our suppliers. The impending Brexit means that Government needs to look for every opportunity to support the competiveness of UK industry and to encourage confidence and investment. The mineral products industry, operating throughout the UK and supplying industries with a turnover of £495 billion, is a key “enabling” industry which underpins growth, job creation and productivity improvement through the economy and also delivers social and environmental objectives.
The proposals made to Government would help build confidence and encourage investment and give our economy and our industry the platform for sustained long term growth.”
Read the article online at: https://www.worldcement.com/europe-cis/28092017/mpa-outlines-key-priorites-to-uk-government/