The UK technology industry has a long, illustrious past of successful innovations and inventions; from the first steam locomotive and electric motor, to the unification of electromagnetism, the invention of the jet engine, and the conception of the world wide web, the UK has an important place in the history of technology.
It seems that the rest of the world is now catching up, though, putting pressure on this country’s best minds to continue their successes across the board; will it be enough to secure our economy for the foreseeable future – or at least the next decade?
Technology: the driving force of the UK
Despite the massive growth of manufacturing in the developing world, the UK still contains a wealth of technological and manufacturing expertise; indeed, some of the biggest and most prestigious technology brands, from across a variety of sectors, are based in the UK, while this country has been the source of a variety of world-defining developments and initiatives. Take the aerospace industry, for example. Meggitt, a global leader in aerospace engineering, development, and research, has its headquarters in Christchurch, Dorset, while its chairman Sir Nigel Rudd has been involved with some of the country’s biggest companies, both within the technology industry and outside of its realms.
The aerospace industry is hugely important to the way we understand the world in which we live, the space in which our planet resides, and the many possibilities that lie in, and outside of, our universe; it is, therefore, hugely telling that Meggitt continues to succeed. Of course, Meggitt’s contributions aren’t merely limited to opportunities outside of our world; its technology has also been used in military aircraft, Formula One cars, offshore drilling, and in the search for alternative energy. It seems there is no limit to the UK’s potential for technological research and development, and we continue to lead the field in almost every way.
Investing in the future
Of course, investments must be made in order to maintain the technology sector’s prestige and secure its economic position for the future, as well as helping to safeguard the country’s entire economy. It is good news, then, that the government has pledged £80 million to aerospace research and development, which is split over six exciting projects, and a phenomenal £500 million budget investment to the UK technology industry as a whole in order to fund expansion and innovation up until 2021. This investment shows a distinct trust in the UK’s technology industry, as well as a huge calling for developments on our shores.
The UK’s technology industry is constantly changing, striving to be the very best it can be. With so many innovations and inventions in its past, it is up to the country’s leading minds and engineers to secure our place in the future of technology, as well as securing the economy for the years ahead. With companies such as Meggitt leading the way in a number of sectors, the world of technology looks to be in safe hands.