SMMT today launched its Growth Paper at an All-Party Parliamentary Motor Group (APMG) meeting, where senior MPs delivered their perspectives on economic growth, manufacturing and trade and export activity in the UK.
Chaired by Lorely Burt MP, this morning’s APMG meeting provided senior MPs with the opportunity to share views on manufacturing, trade and export activity in the latest government drive to deliver sustained growth and rebalance the UK’s economy.
Keynote speakers, Justine Greening, Economic Secretary to the Treasury and Adrian Bailey, MP and Chair of the Business Select Committee, spoke of government’s priorities for growth, trade and UK manufacturing, as set out in its ‘Plan for Growth’, published in March this year.
SMMT provided a briefing document, ‘UK Automotive – Driving Growth‘, outlining the importance of the UK’s automotive sector, which employs over 700,000 people, contributes an average annual economic value of £8.5bn and exports to over 100 markets worldwide.
Click through to see the latest statistics about the UK’s automotive sector.