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Proceeding contribution from Mark Pawsey (Conservative) in the House of Commons on Tuesday, 5 July 2011. It occurred during Adjournment debate on Packaging Industry.


Packaging Industry

My hon. Friend makes a good point about the industry's activity. None the less, I want to focus on the concerns that a cost input of the industry is significantly out of line with that of similar manufacturing companies based elsewhere. I shall add to the Civitas quote. The think-tank said:"““The response to the price hike””—" in energy costs—"““will be industrial emigration. Companies, especially multinationals, will leave the UK to settle in countries with lower energy prices and fewer punitive costs. Those who cannot afford to relocate will likely fold. In the long-term, foreign investment will also dry up, leaving the UK an industrial backwater.””" That is a real concern for companies involved in manufacturing, especially in this sector.


Secondary information

Type
Proceeding contribution
Reference
530 c420WH 
Session
2010-12
Chamber / Committee
Westminster Hall
Subjects
Manufacturing industries Recycling Packaging Regulation Waste management Research Trade competitiveness
Link
View this Proceeding contribution on www.publications.parliament.uk