The final part of the 2019/20 year was a challenging one for businesses as the COVID-19 pandemic delivered an intense economic shock across all sectors. As the UK rebuilds, a vibrant, innovation-led manufacturing sector will be a critical ingredient of the clean growth that will position the UK to lead the challenges of a net zero future economy. It will also be key to our long-term national resilience giving us he ability to respond when difficult challenges emerge without the dependence on other nations.
A deliberate approach, building on existing national and regional strengths and enabling new industries of the future, has the potential to level up manufacturing and construction activity across the UK. The High Value Manufacturing Catapult can use its unique position at the intersection of industry, academia, and government, and its role as the custodian of our national capability in advanced manufacturing technology to spur clean growth right across the nation. We can bring our insight and expertise, our world-leading facilities and the trusting relationships we have established to help forge a refreshed and more resilient UK economy that works better for more of its citizens.
In the coming year, our Centres across the country will work with local, regional and national Governments to lead the way forward. We will reach into the UK’s manufacturing communities and help firms of all sizes to harness the new knowledge flowing from our world-leading research base and the power of new technology.
We will work to make sure that UK businesses are ready to rise to the challenges and seize the opportunities our changed world presents. As we do so we will use our resources to spur the investment in r&D that will keep the UK ahead of competitive markets and re-establish its position as a leader on the global stage, particularly in the international imperative if reducing carbon emissions.
The pandemic has hit all of us hard. We know that the coming year will present many new challenges for the UK but the nation will return to better times.
The High Value Manufacturing Catapult will step forward to play a full part in our economic resurgence.