EEF, the manufacturers’ organisation, has announced a three month campaign to help UK manufacturers combat recession.
The ‘Manufacturing. Your Future’ campaign will include advice and events that address three key areas:
• Redundancy and its alternatives: How, by changing working hours and practices, companies can avoid the need for redundancy. And how, when inevitable, redundancy can be done in ways that protect skills bases and ensures the ability to bounce back when economic recovery comes.
• Energy efficiency: How to reduce energy consumption and negotiate better tariffs from energy suppliers, as well as reducing carbon footprint.
• Competitive performance: How organisations can maintain their competitive edge by reducing costs, while continuing to pursue innovation, diversification and sustainable business practices.
“Manufacturing output is forecast to fall by 8.6% this year,” says EEF’s chief executive, Gilbert Toppin. “But, despite this gloomy outlook, we believe Britain’s manufacturers toughened by adversity will rise to the challenge, finding new ways to diversify, innovate and add value. British manufacturing will ride out this recession, as it has others. And we’ll be there to help.”
For info and dates see manufacturingyourfuture.co.uk.
The campaign will be supported by ‘Reality Check’ – an online source of economic data, insight and assistance, updated daily by EEF’s team of economists, analysts and business specialists.
“It gives manufacturers the up to the minute unvarnished truth about how the recession is taking shape, what government is doing about it and the resources available,” says Toppin.
See eef.org.uk/realitycheck.