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Item Details
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FULL SPEED AHEAD: MAINTAINING UK EXCELLENCE IN MOTORSPORT AND AEROSPACE
SIXTH REPORT OF SESSION 2009-10 - REPORT, TOGETHER WITH FORMAL MINUTES, ORAL AND WRITTEN EVIDENCE |
| By: |
Great Britain: Department for Business, Innovation and Skills |
| Format: |
Paperback |
| List price:
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£23.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0215544927 |
| ISBN 13: |
9780215544926 |
| Publisher: |
TSO |
| Pub. date: |
22 March, 2010 |
| Series: |
HC Session 2009-10, 173 |
| Pages: |
233 |
| Synopsis: |
"Full Speed Ahead: Maintaining UK Excellence in Motorsport and Aerospace ("HC 173")" reports that two of the UK's world leading industries are motorsport and aerospace. The Committee believes that the future success of the UK economy will be based on these types of industries. Concerns regarding the aerospace included: the current US complaint in the World Trade organisation and the Government's right to support the industry through Repayable Launch Investment, and the UK aerospace sector has access to export trade credit at less favourable rates and through a more complex system than other countries. In examining the motorsport industry the Committee felt that there was a lack of understanding and effective engagement by Government. They are not content with the Government's current plans to take forward its work with the sector through the UK Automotive Council. Instead they recommend that the Government establish a dedicated motorsport policy team within the Department for Business, Innovation and Skills (BIS). Small and medium-sized enterprises also play a very important role in supporting both sectors but they have been hit worst by the recession.Recommendations: The Government needs to do more to encourage high performance engineering firms to diversify. Both sectors require a highly skilled workforce and more needs to be done to align the education system with the skills needs of the industries. Finally both industries must improve their 'non-green' image. |
| Publication: |
UK |
| Imprint: |
Stationery Office Books |
| Returns: |
Non-returnable |
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