Extracts from Parliamentary Proceedings - Oct 3
Friday, 4 October 2019 07:49
Extract from Lords debate on Human Rights: Future Trade
Baroness Falkner of Margravine (Non-Afl): In the period since,
trade in finished and intermediate manufactured goods has declined,
thanks to several structural forces. The makers of many finished
goods are beginning to place less importance on labour costs and
more on speed to market and non-labour costs. As a result,
production is moving closer to end consumers—the practice we now
know as reshoring. That is without any help from...Request free trial
Extract from Lords debate
on Human Rights: Future Trade
(Non-Afl): In
the period since, trade in finished and intermediate manufactured
goods has declined, thanks to several structural forces. The makers
of many finished goods are beginning to place less importance on
labour costs and more on speed to market and non-labour costs. As a
result, production is moving closer to end consumers—the practice
we now know as reshoring. That is without any help from Mr Trump.
In the decade ahead, the global goods trade will continue to
decline relative to world GDP, due not least to a reduction in
factor costs but also to technology such as 3d printing and other
new forms of manufacture, which will transform how and where goods
such as electronics, vehicle parts, machinery, electrical
equipment, medical instruments and apparel are produced...
To read the whole debate, CLICK
HERE
Extract from Westminster
Hall debate on Internet of Things: Regulation
(Newcastle upon Tyne Central)
(Lab):...IOT is also transforming industry. The fourth industrial
revolution has at its heart smart factories, and intelligent and
flexible automation, making manufacturing cheaper, quicker, more
efficient, more personalised and more reliable. Indeed, the smart
factory might be in someone’s home—3D printing plus IOT could equal
home manufacturing....
To read the whole debate, CLICK
HERE
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