Back from Services to UK Re-Industrialisation
Everything was about finance or services, and the production delocalization to China was perceived as a positive sign of value creation.
Services was perceived as the “Sacred way” to create value from nothing and during years the UK promoted itself to other developed countries as the model of the future economies.
In 2008, the subprime crisis rang as a wake-up call to realize that the virtual economy was hardly sustainable without a solid industry to support it.
In the 2010s years, the UK Government mobilized more than 300 multi-disciplinary experts from 25 different countries coming from various industries, universities and businesses to analyze all the aspects of the topics and make recommendations to the UK Government.
Led by Cables & Wireless Communications Plc, this experts group submitted in October 2013 its report to the UK Government Office for Science and Department for Business, Innovation and Skills.
Drawing lessons learnt from the UK Government industrial policies during the previous decades, the Future of Manufacturing expert group compared the UK with international industry policies.
Experts set UK Future of Manufacturing Vision 2050
This Future of Manufacturing expert group addressed not only the technological topics, but also the consequences on the employment, the required legal environment and the role of the energy.
In this context the “Future of Manufacturing” appeared as the most obvious opportunity to restore the industry sector and return to a certain balance between the real and virtual economies.
In 2014, UK has become the first country in Europe by the number of cars produced.
In taking this pole position from Spain, UK got the opportunity to promote this first success as the fruits from its policy to support industrial investments in the UK.
To speed up the implementation of its “Future of Manufacturing” program, UK is deploying “Catapult Centers” to mobilize locally the industries, the universities and national institutions.
After reviewing all the challenges and opportunities, the UK Future of Manufacturing program is now moving in practice toward its vision 2050.