We must rebalance the UK economy whatever the economic conditions

Siemens is proud to be a key sponsor of Automated Britain, which is being held at The Commonwealth Club in London on Tuesday March 6, 2012. Here Juergen Maier, Managing Director of Siemens UK Industry Sector, explains why the UK has no choice but to move forward in order for the economy to recover.

Somebody asked me if it was possible to talk of rebalancing the UK economy in the face of an economic storm and whether the Government policies in place were sufficient to allow this to happen. I replied that the current economic conditions make it doubly important that we should aim to redress the balance towards manufacturing, which at the moment only stands at 12% of GDP compared with a European average of 25% and a world average of 31%.

As for government action, we have renewed support for apprenticeships and vocational training. For instance, there are a number of University Technical Colleges that are being set up to offer 14-19 year olds the opportunity to take a full time, technically-oriented course of study.

Each one is equipped to the highest standard and sponsored by a university or college. Thirteen new University Technical Colleges are to be opened across England including The Black Country University Technical College, which opened in the West Midlands in partnership with Siemens.

Another key initiative is the High Value Manufacturing Catapult which, in October 2011, brought seven partners together to form the new Catapult centre, bringing together their expertise in different and complementary areas of high value manufacturing.

The new centre provides an integrated capability and embraces all forms of manufacture using metals and composites, in addition to process manufacturing technologies and bio-processing. The High Value Manufacturing Catapult will draw on excellent university research to accelerate the commercialisation of new and emerging manufacturing technologies.

At Siemens we are delighted to be able to support both these initiatives and several others which are engaging with our sector.

The Automated Britain conference has already attracted significant cross-party political support from policy makers in government and industry and politicians from all parties. Mark Prisk MP, Minister for Business and Enterprise, will deliver one of the keynote addresses; 'The view from Government’. He will be joined at the event by Chi Onwurah, Labour MP for Newcastle Central and Shadow Minister for Innovation, Science and Digital Infrastructure.

Also present will be Iain Wright, MP for Hartlepool and Keith Hodgkinson, Head of electronics, materials, chemicals and product regulation at the Department for Business, Innovation and Skills (BIS), who will chair the last panel session.

Automated Britain is a joint conference between GAMBICA and Intellect to promote automation as a key factor in growing the UK economy. To attend the event, go to www.automatedbritain.co.uk and click book now. GAMBICA and Intellect members and invited guests will pay a special rate of only £245 to attend.