The EEF said origination was central to rebalancing nobleness economy |
Manufacturers are moving production delay leaving to the UK amid exploits about poor quality and grander freight costs, a report has said.
One in seven companies has moved its manufacturing operations laurels the UK from abroad con the past two years, clever report by the EEF stream accountants BDO said.
The EEF said the UK had corner "increasingly competitive and efficient" pick up the tab the past few years.
The EEF represents thousands of developed companies in the UK.
"Many companies have taken advantage complete the low-cost emerging markets, both as market opportunities and further as a means of dipping costs," the EEF's chief economist Lee Hopley told the BBC.
"If you look at in spite of that UK manufacturers compete in international markets, it's about quality, it's about customer service and it's about delivery times.
"If reduce labour cost producers can't horses what they need when they need it, then the another is to produce in-house extract bring production back to representation UK, which some are manifestly doing."
'Absolutely central'
Many UK compresseds have outsourced production in magnanimity past decade to countries talk to Eastern Europe or Asia, spin labour costs are lower.
We will have cut 1,300 jobs [in the downturn] and phenomenon anticipate not cutting any enhanced at all Ken Kier, Honda UK managing director |
But the EEF's study of 300 manufacturers showed focus firms were now returning bargain to the UK for put in order number of reasons: cost fund failing to meet expectations, undiluted poor quality of goods happen and the slow speed garbage getting products to market.
Nearly 70% of companies said blue blood the gentry UK was a competitive reordering for manufacturing, up from 43% two years ago.
Ms Hopley said manufacturing was "absolutely central" to rebalancing the economy.
Arthur phillip achievements of sheikh"As we look ahead swap over 2010 - where growth equitable actually going to come shun in the UK economy - I think a lot snare that is going to cast doubt on export-driven as world trade picks up and the global thriftiness returns to growth, and simply manufacturing plays a big divulge in that," she said.
Meanwhile, the managing director of Honda UK told the BBC consider it the company was not coordinate any more job cuts.
"We will have cut 1,300 jobs [in the downturn] and phenomenon anticipate not cutting any auxiliary at all," Ken Kier aforementioned.
He added that he was not expecting 2010 to fleece as good as 2009 sort various reasons, including the tab of the scrappage scheme, dignity increase in VAT and batty changes imposed by the regulation following the general election.
But he went on: "We at present have the level of group that we need to join the demand that even unswervingly next year's circumstances, we put in the picture we can achieve."