BAE job losses highlight the weaknesses of the coalition’s growth strategy

摘要

British manufacturing suffered another blow yesterday with the announcement that 3000 jobs are set to be lost across the UK, the biggest cuts coming at sites in Lancashire and East Yorkshire. Ed Cox argues that such developments lay bare the problems inherent in the coalition’s economic strategy as it fails to appreciate the impact of public sector cuts on the private sector supply chain and has no clear plan for boosting the economic prospects of northern industrial areas.