Justin Tomlinson – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

The below Parliamentary question was asked by Justin Tomlinson on 2016-09-05.

To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the contribution of the manufacturing industry to the UK economy in each of the last six years.

Mr Nick Hurd

Despite difficult global economic conditions, manufacturing output has increased by 2.4 per cent in real terms and 14.9 per cent in current prices since 2010. Manufacturing productivity has also increased more than three times faster than the UK economy as a whole over the past 10 years. The sector spans over 130,000 businesses and directly employs 2.7 million of people, with an estimated 5.1m employed across the total manufacturing value chain. It accounts for half of all British exports, and around 70 per cent of all UK R&D spending. Manufacturing activity creates demand and value in other sectors, with official statistics suggesting that each £1 increase in demand for manufacturing industry products results in an over £1.70 in output across the economy as a whole.