CBI comments on Government manufacturing funding package

Commenting on the Government's announced 170 million manufacturing package, Dr Tim Bradshaw, CBI Head of Innovation, Science and Technology, said: "The Government's progress in rolling out Technology and Innovation Centres (TICs), and in particular the commitment to fund the manufacturing TIC for six years, is good news. This will secure its future well beyond the current spending review period and should give business the confidence to collaborate with some of our leading manufacturing research centres.

"It is vital that TICs work closely with existing research and technology organisations to strengthen our manufacturing competitiveness. The Government's new initiative to open manufacturing businesses to young people will give the next generation a taste of the exciting career opportunities available to them."