April 14, 2014
UK to miss out on overseas public sector procurement growth, warns CBI
Public procurement of goods and services in twelve key emerging markets will almost triple to £452 billion by 2030, according to new research from the Confederation of British Industry. But the report warns that UK will only capture £11 billion of this growth, if its current market share stays the same so the UK needs to do far more to capture a higher share of the extensive growth in global public procurement in emerging markets. The procurement of goods and services in key emerging markets will soar to £452bn by 2030 as public sector organisations in rapidly developing countries increase their procurement of goods and services, driven by the needs of aging populations and a growing middle class. China will lead the growth in public sector procurement with its market increasing by 7.4 percent each year. Indonesia and Turkey will also rapidly increase their spending by 6.2 percent and 6 percent respectively.
















March 14, 2014
Might a lack of joined-up thinking undermine UK high-tech ambitions?
by Mark Eltringham • Comment, News, Property, Technology
Old Street: the UK’s tech epicentre
Over the past week both Prime Minister David Cameron and London Mayor Boris Johnson have offered up visions of economic success founded on new technology. Yet, as the CBI points out in a new report pinpointing the dearth of talent needed to make such dreams a reality, politicians often appear to ignore the realities of a situation. In its new report, Engineering our Future, the CBI calls for significant action to make a career in the key disciplines of science, technology, engineering and maths more attractive and easier to pursue. The report points out that these are the skills needed to underpin the Government’s stated focus on the tech, environmental, engineering and manufacturing industries that will shape the country’s future and is calling for a cut in tuition fees, new courses and inter-disciplinary qualifications to allow those skills to flourish.
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