News: South Yorkshire steel industry campaign
Sheffield City Council is calling on the Government to step up support for South Yorkshire steel in a bid to save what is ultimately the heart of the UK's manufacturing industry.
The Council want to work with the South Yorkshire steel industry and neighbouring authorities to launch a campaign in the coming weeks, in a bid to lobby Government for more support.
Councillor Colin Ross, Cabinet Member for Employment, Enterprise and Development at Sheffield City Council said: "This is a local issue on a national scale. South Yorkshire steel is at the heart of our manufacturing industry not only within the city or the region, but across the UK."
The main areas of concern are:
- Simplifying and refocusing the national Large Company Research and Development tax credit regime to better support companies looking to grow and become more competitive. The current scheme only allows cash payments from Government if companies are operating at a loss.
- Continued investment in skills and apprenticeships beyond the currently funded Train to Gain programme to maintain and build the specialist skills that will be required to retain the UK's advanced manufacturing edge.
- Investments in plant and machinery to allow companies to prepare for the economic up turn and emerge from the recession as more efficient businesses.
- More investment to make sure high value mobile investments are retained and secured for the UK and not located abroad where other Governments are prepared to investment more in their industrial future.
Last month Rotherham MP's delivered a "Save our Steel" petition to parliament which included over 6,000 signatures.
The Council want to work with the South Yorkshire steel industry and neighbouring authorities to launch a campaign in the coming weeks, in a bid to lobby Government for more support.
Councillor Colin Ross, Cabinet Member for Employment, Enterprise and Development at Sheffield City Council said: "This is a local issue on a national scale. South Yorkshire steel is at the heart of our manufacturing industry not only within the city or the region, but across the UK."
The main areas of concern are:
- Simplifying and refocusing the national Large Company Research and Development tax credit regime to better support companies looking to grow and become more competitive. The current scheme only allows cash payments from Government if companies are operating at a loss.
- Continued investment in skills and apprenticeships beyond the currently funded Train to Gain programme to maintain and build the specialist skills that will be required to retain the UK's advanced manufacturing edge.
- Investments in plant and machinery to allow companies to prepare for the economic up turn and emerge from the recession as more efficient businesses.
- More investment to make sure high value mobile investments are retained and secured for the UK and not located abroad where other Governments are prepared to investment more in their industrial future.
Last month Rotherham MP's delivered a "Save our Steel" petition to parliament which included over 6,000 signatures.
Sheffield City Council website
Rotherham
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