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Cambs emerges as ‘engineering hotspot’

Cambridgeshire has emerged as one of 13 ‘engineering hotspots across the UK’, regions where a high proportion of the population - between one-in-three and one-in-two adults - are employed in the engineering economy. Research from the Royal Academy of Engineering on National Engineering Day shows that the ‘engineering economy’ in Cambs generates almost £8bn in gross value added from some 9,245 businesses in the sector, employing more than 122,000 people in engineering roles.

Dr Hayaatun Sillem, CEO of the Royal Academy of Engineering, said: “Cambridgeshire is a UK hub of engineering and is home to exciting engineering start-ups, established companies and research institutions alike, that are changing the world around us. Companies in the region are pushing the boundaries when it comes to computer technology, autonomous vehicles, healthcare technology, and biosciences in particular.”

Last Updated ( Tuesday, 22 November 2022 18:11 )


Region’s major cities fare well in index of ‘economic wellbeing’

Norwich, Luton, Ipswich and Cambridge have been ranked among the top 20 best performing cities in the annual Demos-PwC Good Growth for Cities Index . Norwich ranked sixth of...

Record rise in new activity in the region as inflation picks up

Business activity in the region rose at the fastest rate in almost 25 years in May as restrictions were eased and firms re-opened although costs and selling prices also...

Last Updated ( Tuesday, 13 July 2021 07:12 )

Boost to foreign investment as overseas groups back region's key sectors during pandemic

The success of key business sectors in the East of England during Covid such as logistics and R &D helped boost the number of foreign direct investment projects in the ...

Last Updated ( Tuesday, 08 June 2021 08:41 )

Networking and digitisation leave Cambs ‘well-placed’ for recovery

Cambridgeshire companies are well-placed to deliver a strong economic recovery thanks partly to high levels of networking, digitisation and collaboration between firms,...

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