A new £1M engineering prize to celebrate outstanding advances and innovations in engineering globally, was launched by Prime Minister David Cameron and the Opposition leaders in London yesterday.
The biennial Queen Elizabeth Prize for Engineering, awarded by the Queen herself, will be given to an individual or small team judged as being responsible for major advancement of engineering knowledge.
Speaking at the launch event at London’s Royal Academy of Engineering, Cameron said ‘For too long Britain’s economy has been over-reliant on consumer debt and financial services. We want to rebalance the economy so that Britain can make things again- high skilled, high value manufacturing and engineering should be a central part of our long-term future.’
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