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UK Manufacturing moves back into top 10
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David Brooks 25.10.2016
News this week that Britain has climbed to 9th place in world global manufacturing rankings is welcome.
With annual output worth $247 billion this represents 10% Of Gross Added Value to the UK economy. Manufacturing accounts for 14% of business investment and 68% of R & D. And according to the OECD UK manufacturers have outperformed any country except the United States for job creation since 2010. As the UK prepares to re-engage directly with the wider world it seems manufacturing is in good shape.
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