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Institution of Mechanical Engineers response to Budget

19 April 2011

Stephen Tetlow, Chief Executive of the Institution of Mechanical Engineers, said: “While some aspects of the Budget to support apprenticeships, colleges and smaller businesses are encouraging, more needs to be done to support manufacturing and business in the UK.

Stephen Tetlow
Stephen Tetlow

“The £3 billion for the Green Investment Bank is welcome but well short of the £20 billion needed to update the UK’s creaking infrastructure. In addition, in order to encourage more schoolchildren and students to take up science, technology, engineering and mathematics, there is the urgent need to fund and reform what is currently a wholly inadequate career advice system. More also needs to be done to incentivise businesses to take on apprentices.

“It is welcome to see however that Government is acknowledging the importance of engineering to solving the great challenges of our times by launching a new international prize in engineering.

“It is engineers who build the wind farms, low-carbon engines, nuclear plants and water wells we need to deal with the problems caused by a growing world population and the threat of climate change.

“The Institution of Mechanical Engineers is a passionate advocate of this award, and we hope it will succeed in rewarding and inspiring the engineers of the future.”

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