UK aerospace industry 'at risk of being overtaken'
Britain's aerospace industry could be overtaken by other nations within a decade without more research & development incentives, ministers have been warned.
Sir Roger Bone, president of Boeing UK since 2005, told The Independent: "We do have to pay particular attention to investment in R&D and our human skills base. If we let that slip then we can't suddenly catch up."
Although Sir Roger, a former diplomat, has been impressed by the Government's policy to create a £200m network of seven Technology and Innovation Centres, he believes more needs to be done to support manufacturing. The UK has a strong aerospace industry, though this is typically at the cutting edge of technology that needs frequent investment.
He argued: "It's not always apparent the return that you get out of R&D at the time you invest it. But I would like to feel sure that in 10 years that the [UK] aerospace industry is as competitive at the hi-tech end as it is now. We really need consistent focus at the government level on R&D to demonstrate that this is a government priority."
Boeing, which is US based, employs 1,200 in the UK.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies