England’s Manufucturers Want to Stay with the EU

England’s manufacturers are saying they want to remain as part of the EU, according to a recent survey. The manufacturers’ organization EEF has found that 85% of people polled would select to stay with the EU, while only 7% want to leave. The EEF presents over 6000 companies and the survey included 160 of them.

Growth in the UK manufacturing sector has definitely slowed, according to two surveys that were carried out in August. The Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was down in August from 54.8 in July to 52.5. This is the lowest reading they have had in the last 14 months.l

Commenting on the EEF poll, the chief executive Terry Scuoler said, “Despite the continued problems in the eurozone, manufacturers remain overwhelmingly of the view that our economic wellbeing is inextricably linked to the EU and, we must stay in membership.

It makes no sense to disengage from our major market and it remains fanciful to think we can just pull up the drawbridge and walk away with no consequences.”

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