620,000 manufacturing jobs happen to be lost since financial crisis

More than 620,000 manufacturing jobs happen to be lost because the financial crash about ten years ago, research suggests.

The GMB union said its research showed an autumn of 17 percent since 2007, when the UK supported 3.5 million permanent and temporary manufacturing jobs.

By 2021 that figure had fallen to two.9 million, said the union.

National officer Jude Brimble said: “It's a scandal the Conservatives are willing to gamble away manufacturing's future.

“Under their watch, vital contracts are now being sent overseas in the cost of industries including shipbuilding and renewables manufacturing.

“The lack of any type of industrial strategy, along with a complete insufficient investment is robbing an entire generation of the futures.

“This has not happened by accident. There are thousands of jobs that could be created in sustainable energy and renewables, but this government failed to invest and let our contracts go overseas.”

Rebecca Long Bailey, shadow business secretary, said: “The next Labour government will work with GMB along with other unions to kick-start a renaissance in domestic manufacturing through a Green Industrial Revolution.

“The tragedy is that we will need to rebuild a lot of britain's manufacturing base, eviscerated with a decade of Tory neglect and austerity economics.”