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News Article - 23 May 2012
Category: Business

A|D|S is urging the Government to boost economic recovery efforts through confident and wide-ranging investments in world-leading British industrial sectors, such as aerospace research and development. A|D|S research suggests investments in these key areas, in addition to maintaining the current defence budget, will provide the economy with an immediate boost that will help sustain further efforts in the short and long term.

However, the Liberal Democrats have already outlined opposition to maintaining and expanding the Trident program, in addition to the UK's historically strong performance in defence exports. The A|D|S also points out that both the Liberal Democrats and parts of the Conservative Party have criticised the civil aviation industry during the election trail. This is despite the economic benefits, relatively limited environmental impact - and publicly stated plans to actively reduce this impact.

A|D|S argues the UK aerospace and defence industries offer a strong route out of the recession as they rank as number one in Europe and second only to the US globally. Ian Godden, chairman of A|D|S, believes they provide a significant revenue opportunity available through rapid and strategic investment, and that the Government should make an early move to encourage the most efficient economic recovery.

Reducing the country's spiralling budget deficit and returning the UK to fiscal health is a major priority for the Government, and it remains to be seen whether investments in high-value manufacturing sectors will form part of recovery efforts. During the election campaign the major parties made pledges to invest in manufacturing, but specifics were omitted so the scale of investments may not be sufficient to revitalise the industries concerned.

Whilst Government investment in manufacturing would help improve business operations, companies must look to identify in-house inefficiencies to make the most of the economic climate as it begins to stabilise. Access software includes a number of features designed to improve manufacturing business processes and the project management of operations. Budgetary control, for example, allows businesses to allocate milestones, ensuring senior leaders can keep on top of key deliverables at all stages of the project.

For more information, please call Access on 0845 345 3300.

Article keywords: A|D|S, economic recovery, British industrial sectors, aerospace research and development, Liberal Democrats, Trident program, Conservative Party, civil aviation industry, aerospace and defence industries, Ian Godden, economic recovery, manufacturing sector, Access software. manufacturing business processes, project management, budgetary control


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