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Why British made products are making a comeback

British manufacturers were hit hard by the recession, struggling to keep up with falling orders and cheaper competition from abroad.

But manufacturing organisation EEF has found that almost three quarters of UK manufacturers plan to launch new products in the next three years.

So is innovation back as a top priority for companies, and what does this tell us about the future of UK manufacturing?

EEF's chief economist Lee Hopley told BBC Radio 5 live's Wake Up to Money: "Manufacturing in the UK competes on the basis of quality... that's how they're differentiating themselves from companies that are simply competing on volume and cost."

  • 19 Aug 2013
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