Wednesday, September 12, 2012

Good news for aerospace sector

BRISTOL'S aerospace sector is set for a boost after the government announced its new industrial strategy.

Business Secretary Vince Cable said yesterday that efforts would be focused on areas where Britain is believed to have a competitive advantage over its rivals, including aerospace. Support could include a new government-backed bank to increase lending to businesses.

The strategy will also include a drive to increase the number of female engineers employed by Rolls-Royce, including at its aero engine factory in Patchway.

The defence giant has been given a share of a £67 million funding pot to set up its own training scheme.

It will work with local schools and set up a mentoring scheme.

Treasury Minister Matt Hancock told the Post just three per cent of Britain's engineers are women.

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