Security of Critical Supplies

For all critical products used by public bodies, including arm’s length organisations, the government should insist a certain minimum percentage of normal requirement be produced in the UK (let’s say 20%) and the production facilities involved be capable of rapid upscaling. In the case that procurement costs are increased as a result those bodies impacted would receive additional ring fenced government funding. Manufacturers would be expected to have open book accounting to prevent profiteering.

That would help fix the problem but also provide an opportunity to help restore the UK’s manufacturing base with the costs mitigated by the financial benefits of increased employment.

 

 

95-11