Business insurance customers in the manufacturing sector could be instrumental in leading the UK out of the recession.
Matthew Alabaster, director of strategy at PricewaterhouseCoopers, commented: "There is a window of opportunity for the manufacturing sector as a whole to benefit from the current situation, in terms of the economics of the situation."
He pointed out that talented graduates who would have normally considered careers in the financial services industry are now likely to look at taking up positions with business insurance holders in the manufacturing sector, providing it with a boost.
In addition, Mr Alabaster said that people should develop a sense of pride in UK manufacturing, as it has performed consistently well over the past 50 years.
Recently, the Deloitte Economic Review Q2 2009 claimed that business insurance holders in the manufacturing industry could see a temporary growth, taking the sector's share of the economy from 11 per cent to 13 per cent.
In comparison, it claimed financial services' share could fall from eight per cent to around the five per cent mark.
