What's Happening?
Mandy Ridyard, Director of ASG Produmax, has been appointed to the National Manufacturing Commission as part of an inquiry into supporting small and medium-sized manufacturers in the UK. The Commission, linked to the All-Party Parliamentary Manufacturing Group,
aims to strengthen UK industry through policy recommendations. The inquiry will focus on building sovereign capability, tackling energy costs, improving access to finance, and streamlining regulations. Ridyard's appointment is seen as pivotal for ensuring SME voices are heard in shaping the Industrial Strategy.
Why It's Important?
The appointment of Ridyard to the National Manufacturing Commission is significant for the UK's manufacturing sector, particularly SMEs, which are crucial for innovation and economic growth. The inquiry's focus on key areas like energy costs and regulatory environment could lead to substantial policy changes, enhancing the competitiveness of UK manufacturers. Ridyard's experience and advocacy for SME innovation position her as a strong voice in driving these changes, potentially influencing government strategies and industry practices.
What's Next?
The Commission's inquiry will gather evidence from industry leaders and policymakers, shaping actionable recommendations for the government. The outcomes could lead to policy shifts that support SME growth and resilience, impacting the broader manufacturing landscape. Stakeholders will be keen to see how these recommendations translate into practical support for the sector.
Beyond the Headlines
This development underscores the importance of collaboration between government and industry in shaping economic policy. It also highlights the role of SMEs in driving innovation and resilience, emphasizing the need for targeted support to enhance their global competitiveness.
