Government grants £19.5m to promote growth and skill in textile industry

The British government to boost the textile industry has granted the N Brown-led Textiles Growth Programme and delivery body Economic Solutions around £19.5m to promote business growth and skills provision.

The investment came after the N Brown chairman Lord David Alliance-led Alliance Project published a report that the UK textile industry is worth £9 billion to the economy and is experiencing year-on-year export and domestic growth. It could create up to 20,000 new jobs in the next five to 10 years if businesses are supported to capitalise on a trend towards the repatriation of manufacturing.

The money, awarded is part of the sixth round of the Regional Growth Fund investment, which has seen nearly £300m invested to help regional businesses grow. The investment for the textiles industry will be predominantly focused on businesses in the Northwest and East Midlands.

It is the second such investment for the textiles programme, which received £12.8m in 2013. This has so far been granted to 94 companies across the Northwest including weaver AW Hainsworth and manufacturer Cooper & Stollbrand.

The report calls for: a national database of manufacturers to help domestic and foreign buyers source here; greater government and trade body support for UK businesses at trade fairs; a focus on changing out-dated perceptions of the industry in schools to attract a younger workforce; and steps to address late payments for suppliers.

The Textile Growth scheme is the first ever textile grant growth programme in British history, led by Manchester-based N Brown Group. It has also been supported by others including BIS, Manchester Growth Company, M&S and ASOS.

Recent Posts

Carbios constructs world’s first PET biorecycling plant

CARBIOS, a leader in biological technologies for textiles, celebrated the start of construction for the world's first PET biorecycling plant…

10 hours ago

Researchers use cellulosic waste for wastewater filtration

Research team at Vienna University is investigating the application of filters crafted from cellulosic waste to eliminate harmful dyes from…

10 hours ago

LYCRA Company partners with Qore to produce bio-derived elastane

The LYCRA Company has joined forces with Qore, a collaboration between Cargill and HELM, to make the world’s first large-scale…

3 days ago

Soorty, Decode collaborate on sustainable jumpsuit

Pakistani denim manufacturer Soorty has partnered with zero-waste designer Decode to create a modern and sustainable version of the jumpsuit…

3 days ago

Puma launches eco-friendly Re: Suede 2.0 sneaker

Puma released its new Re: Suede 2.0 sneaker after a successful trial study which showed that the footwear could be…

3 days ago

EU approves new laws for labour standards in Bangladesh

A new supply chain rule, endorsed by the European Parliament, is set to enhance labor and environmental standards in the…

4 days ago