Cameron sells out UK manufacturing for his loony backbenchers

Tony Burke details what we should expect from Cameron's isolationism and how that will harm UK manufacturing.

 

When launching Unite’s manufacturing strategy, 2020 Vision, recently, I made the point that the coalition government has no long-term strategy on UK manufacturing and is doing more damage to UK manufacturing than any previous Conservative government.

The decision by David Cameron to isolate the UK from the rest of Europe and cave in to the Tory Party headbangers may further damage our already hard pressed manufacturing sector.

The right wing politicians and media who are rejoicing at the decision and those that argue not having a seat at the table with the other 26 doesn’t matter are wrong. After the party will come the hangover.

Now more than ever, we need strong links with Europe as our manufacturing base continues to shrink – and at a time when we could be heading back to recession. Economically, the UK could now face disengagement from the £16 trillion trading bloc.

Our annual trade with our EU neighbours ammounts to between £160 billion and £185 billion – some 50 to 60 per cent of imports and exports. Compare this to the £33 billion we do in business with the USA – 15 per cent – £5 billion with China – 2.3 per cent – and £4 billion with Canada coming to 1.6 per cent.

Companies with large skilled workforces across Europe with manufacturing plants in the UK will think twice about further investment in UK manufacturing as we sit, irrelevant, on the periphery of Europe. Those companies may also have their arms twisted by their own governments as anti-British sentiment grows.

Those Tories and the media that say we can exist on a “trade only” deal with the EU are deluded.

The euro is, for many UK manufacturing companies, the currency in which they do their business and the UK will now have have no say about the euro restructuring, or on any fiscal or regulatory arrangments and trade rules.

Our trading relationships with the EU, the buying and selling our manufactured goods, are built on regulations and standards – all of which will now be jepordised. Indeed, Cameron’s decison could mean less trade, not more. Over a period of time, the other 26 countries will shape industrial policy regardless of what the UK thinks.

UK manufacturing and its workers, whose skills keep the wheels of industry turning, need stability and a clear strategy for working with the member states – instead we will face uncertainty and instability.

Cameron said this was about protecting the UK interests. In reality it was about his own narrow party political interests and about protectection of the hedge funds, the investment banks and the speculators in casino of the Square Mile at the expense of the 94,500 square miles of the rest of the UK – the real world, of real manufacturing companies, employing real people.

So much for re-balancing the economy!

See also:

Scotland, Wales and Northern Ireland savage Cameron’s anti-EU strategy – Ed Jacobs, December 12th 2011

How Cameron traded influence for isolationBen Fox, December 12th 2011

The view from abroad: The day Britain locked itself out – Alex Hern, December 9th 2011

A new strategy to help save UK manufacturing – Tony Burke, December 5th 2011

Public sector jobs are growing in London and the South East; here’s why – Ed Cox and Will Cook, November 11th 2011

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38 Responses to “Cameron sells out UK manufacturing for his loony backbenchers”

  1. Beverley Clack

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  2. Randeep Ramesh

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  3. Alex Braithwaite

    RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers http://t.co/RFWzIyOs

  4. Rabih Chaaban

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  5. Political Planet

    Cameron sells out UK manufacturing for his loony backbenchers: Tony Burke details what we should expect from Cam… http://t.co/NfhlhZ6D

  6. Tony Burke

    RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/HBKbDybJ

  7. Chris Gudgin

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  8. Simon Cheshire

    Cameron sells out UK manufacturing for his loony backbenchers | Left Foot Forward http://t.co/uhGm8Mwv

  9. Juan Voet

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  10. Trakgalvis

    RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/OpE0xlso

  11. CiaranNaidoo

    RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/HBKbDybJ

  12. Sean PdeC

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  13. Sean PdeC

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  14. Martin Johnston

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  15. Martin Johnston

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  16. Anonymous

    Your form of rebalancing is the same as your form of redistribution. Make one group poorer at the expense of another.

    It doesn’t increase the pie.

    The question to ask is why manufacturing isn’t pulling its weight.

  17. 13 Spitfire

    Does it not bother you that the majority of the public support Cameron and his decision and not yours? Does it not bother you that they favour democracy and the representative sort, where Labour’s position, the SNP’s position and the LibDem’s position is anathema to the general opinion which is sick and tired of the EU?

    Why are you so self-righteous?

  18. David Marsden

    Another gr8 q on how Cameron has sold out manufacturing to protect the City fat cats who bankroll him; more here: http://t.co/LIdSDeMR

  19. Jos Bell

    Another gr8 q on how Cameron has sold out manufacturing to protect the City fat cats who bankroll him; more here: http://t.co/LIdSDeMR

  20. Karen Buck MP

    Another gr8 q on how Cameron has sold out manufacturing to protect the City fat cats who bankroll him; more here: http://t.co/LIdSDeMR

  21. Maps Man

    Another gr8 q on how Cameron has sold out manufacturing to protect the City fat cats who bankroll him; more here: http://t.co/LIdSDeMR

  22. Miles Douglas

    Another gr8 q on how Cameron has sold out manufacturing to protect the City fat cats who bankroll him; more here: http://t.co/LIdSDeMR

  23. H. O.

    RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers http://t.co/9e49LPSN

  24. Rowland Paul Hill

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  25. Graeme Barclay

    RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers http://t.co/zGUI28r7

  26. Frederick Cowell

    Too right. Abt. the current crop of Tory's @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers http://t.co/4znx9CLC

  27. Rabih Chaaban

    Cameron sells out UK manufacturing for his loony backbenchers, writes @unitetheunion's @TonyBurke2010: http://t.co/020cvLqM

  28. Newsbot9

    They do? Great, post one STUDY showing this.

  29. Jane Gray

    RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers http://t.co/nW3Bv8c4

  30. The Manufacturer

    RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers http://t.co/nW3Bv8c4

  31. What exactly did Cameron get from the EU summit? | Left Foot Forward

    […] Cameron sells out UK manufacturing for his loony backbenchers – Tony Burke, December 12th […]

  32. Fact-Checker

    Wholly predictable, near-hysterical and frankly laughable response from Tony Burke.

    No idea where he pulled those trade figures from, but it certainly wasn’t the ONS. Still, why let facts get in the way of a good old-fashioned ‘evil Tories’ rant – gives the bum-scratching punters on LFF exactly what they want on a Tuesday morning!

  33. Ben Cave

    Cameron sells out UK manufacturing for his loony backbenchers | Left Foot Forward http://t.co/q2Za4GZa @leftfootfwd

  34. The Manufacturer

    RT @janefagray: RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers http://t.co/4rdu0I4C

  35. Nicola Hussey

    RT @janefagray: RT @leftfootfwd: Cameron sells out UK manufacturing for his loony backbenchers http://t.co/4rdu0I4C

  36. monsford bansfoot

    its easy to mistake daily mail readers for the general public

  37. Manufacturing's recovery ends before it starts | Left Foot Forward

    […] also: • Cameron sells out UK manufacturing for his loony backbenchers – Tony Burke, December 12th […]

  38. We need to save manufacturing, but manufacturing won't save us | Left Foot Forward

    […] Cameron sells out UK manufacturing for his loony backbenchers – Tony Burke, December 12th […]

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