UK government budget gives boost to manufacturing
Published: Wednesday, 19 March 2014
Government spending on the manufacturing industry in the UK will help to keep businesses at home and export more. This is especially good news for minerals extracted for the glass, steel and paper markets, as well as other energy-intensive sectors.
The UK will support energy intensive industries, to
encourage businesses to export more, build more and invest
more, announced Chancellor of the Exchequer George Osborne in
his budget speech today.
Osborne said the government will support manufacturing by
implementing a £7bn ($12bn*) package to cut energy bills
for British manufacturers...