Commenting on the announcement
today (Friday) by Business Secretary Vince Cable MP that there is to be £1bn of
new investment in the automotive industry, TUC General Secretary Frances
O’Grady said:
“It’s great to see ministers
finally recognise that government can play an active role in driving growth,
backed up by a proper industrial strategy and genuine investment.
“This marks a welcome break from
the failed laissez-faire approach that has so caused so much damage to the UK’s
industrial base.
“What we now need is for more
investment across all industries to drive skilled job creation and more
opportunities for young people.”
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