Warning of risk to materials supply

The UK's economic growth is threatened by the "escalating risk" to the supply of essential manufacturing materials, a new report has warned.

The EEF manufacturers' organisation said demand for commodities is set to increase
The EEF manufacturers' organisation said demand for commodities is set to increase

The EEF manufacturers' organisation said demand for commodities is set to increase, but this country is vulnerable because of an over-reliance on China.

Other countries have plans in place to tackle the issue, but the UK was "lagging behind", said the EEF.

Senior policy adviser Susanne Baker said: "As we approach the end of an economic era we cannot afford to be left underprepared and overexposed.

"Manufacturers have sounded the alarm over the growing risks to material supply and others are now picking up the clarion call. But while competitor nations are already taking evasive action, our Government is in danger of burying its head in the sand."

The EEF called for an Office of Resource Management to be established.