In response to the announcement today (Weds) of the 2010 spending review, Lord Browne of Madingley, President of the Royal Academy of Engineering, said:
“In these tough times, the relative allocation to engineering and science is a welcome signal that they form the basis for much-needed growth in the UK economy. Both science and engineering are important for long term growth: they lie behind all great innovation by business and industry, which must respond with investment in developing new technologies, products and services.
“Today’s announcement opens the way for the UK to take a strong lead in the global competition for the new hi tech, low carbon industries. The Royal Academy of Engineering will be working with partners in engineering business and industry to help drive innovation, growth and, ultimately an economy that is robust and sustainable and rebalanced”.
Notes for editors
Founded in 1976, The Royal Academy of Engineering promotes the engineering and technological welfare of the country. Our fellowship – comprising the UK’s most eminent engineers – provides the leadership and expertise for our activities, which focus on the relationships between engineering, technology, and the quality of life. As a national academy, we provide independent and impartial advice to Government; work to secure the next generation of engineers; and provide a voice for Britain’s engineering community.
For more information please contact
Beverley Parkin at The Royal Academy of Engineering
Tel. Direct tel +44 (0) 20 7766 0620; 07947 186688; email: Beverley Parkin