Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Report shows true value of engineering to economy

Engineering plays a role in activity worth £280bn per year, according to research.

A report published by the Engineering and Physical Sciences Research Council (EPSRC) and the Royal Academy of Engineering showed that engineering-related sectors accounted for 20% of the UK’s gross value added – a measure of economic output.

Assessing the economic returns of engineering research and postgraduate training in the UK calculated that £239bn of exports came from such sectors in 2011 – equivalent to 48% of total exports that year.

Engineering research was important to sectors including aerospace, pharmaceuticals, software and computing, the report said.

EPSRC chief executive Philip Nelson said: “Engineering touches many more areas of modern life than people might imagine. New discoveries and developments that cross disciplines mean engineering and engineers are absolutely essential to providing solutions to the challenges we face, nationally and globally.

“This joint report shows the benefits of investing in research, discovery and innovation. However, if we are to maintain the UK’s position as an innovation crucible we must be prepared to plan for the long term with sustained support for our research base and training for the engineers of tomorrow.”


Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.