Message to George Osborne (Chancellor of the Exchequer) and Mervin King (Governor of the Bank of England).
In the New Year instead of pumping an extra 50 billion pounds of Quantitative Easing (QE) to further help the balance sheets of our banks. Can you please divert this money into UK manufacturing?
The banks have already been bailed out by hundreds of billions. It really is time to rebalance the UK economy.
I’m sick and tired of hearing about credit default swaps and other financial services products. Most of them have either been miss sold or are nothing short of going into a casino and placing a large bet. When 30% of your economy is based upon this ‘busted flush’ scenario, it’s time to think again. I can recall when Margaret Thatcher was calling for the closure of uneconomic pits and steel works. I bet she never thought thirty years later it would all be about bankrupt private banks.
Let’s bring back ‘Made in England.’
Golf Refugees have recently started a research project looking into biodegradable materials for golf balls. Numerous other SME’s (Small Medium Enterprises) are all trying to undertake research into sustainable materials for future products.
There is going to be a revolution, a design and manufacturing revolution. Where future products will have to be designed with a ‘cradle to grave’ philosophy.
Let’s hope George can resist the lure of bankers den and give a little to UK manufacturing in his autumn statement.
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