• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content

Loading…

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

Like this presentation? Why not share!

'STEM & Us' Breakfast News 25 April 2013

on

  • 346 views

 

Statistics

Views

Total Views
346
Views on SlideShare
346
Embed Views
0

Actions

Likes
0
Downloads
4
Comments
0

0 Embeds 0

No embeds

Accessibility

Upload Details

Uploaded via as Adobe PDF

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    'STEM & Us' Breakfast News 25 April 2013 'STEM & Us' Breakfast News 25 April 2013 Presentation Transcript

    • STEM & US
    • WE WANT TO HEARFROM YOU VIATWITTER
    • • • • • • STEM students are using targetjobs.co.uk
    • AGENDA FOR TODAYTHE ECONOMIC FORECAST – BACK TO THE FUTURERECRUITING FROM STEM SUBJECTSTHE QUESTIONS YOU KEEP ASKING METHE MOST EXPENSIVE SCIENCE COLLABORATION IN THE WORLD -HOW CERNS TECHNOLOGY TRAINING CAN SERVE UK INDUSTRYTHE BIG BANG THEORY IN 15 MINUTES
    • THE ECONOMICFORECAST – BACKTO THE FUTURE
    • Bumping along the bottom-6.0-4.0-2.00.02.04.01997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012%QUARTERLYANNUALLong-term average
    • The growth shortfall01234201520142013201220112010%2013 Budget2012 Budget2011 Budget2010 BudgetAnnual GDP growth forecasts in each Budget
    • …means more borrowing20304050607080901001101201301401501602010 2011 2012 2013 2014 2015 20162010 Budget2011 Budget2012 Budget2013 BudgetPublic sector net borrowing (£bn)
    • …and higher debt levels5055606570758085902009/10 2011/12 2013/14 2015/16%ofGDP505560657075808590%ofGDP2010 Budget 2013 Budget2011 Budget 2012 BudgetPublic sector net debt:
    • OUTLOOK
    • Inflation – likely to ease-2-101234562009 2010 2011 2012 2013%changemonthonmonthCPI RPIForecastTargetRange
    • Interest rates to stay low012345672003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014%Forecast
    • So sterling to remain competitive1.41.51.61.71.81.92.02.12005 2006 2007 2008 2009 2010 2011 2012 2013$/£1.01.11.21.31.41.5€/£Sterling weakerUS$ / £(L axis)euro / £ (Raxis)Forecast
    • GDP (100%) = Consumer spending (64%)Where is growth coming from?
    • Real earnings growing again-4-3-2-101234562001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013Average earnings growthConsumer price inflationReal earnings growth%
    • Debt repayment underway751001251501751991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011%75100125150175%Household debt:income ratios
    • Reasons to be cheerful (1)• 
    • A slow consumer recovery-3.5-2.5-1.5-0.50.51.52.53.54.55.5199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014%CHANGECONSUMERForecast
    • GDP (100%) = Consumer spending (64%) +Investment (15%)Where is growth coming from?
    • Corporate sector in good shape3040506070802001 2003 2005 2007 2009 2011£billion81012141618%Gross operating surplusProfitabilityOperating surplus and profitability of UK private non-financial companies
    • …but not spending50607080901001101202001 2003 2005 2007 2009 2011%405060708090100110120130140£billionInvestment relative to post-tax surplus(L axis)Level of investment (R axis)Investment by Private Non-financial Corporations
    • Reasons to be cheerful (2)• 
    • Investment to pick up……at last-16-12-8-4048121620242003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017%annualgrowthBusinessInvestmentForecast – OBR 2013
    • GDP (100%) = Consumer spending (64%) +Investment (15%) +Government spending (23%)Where is growth coming from?
    • Getting the deficit down03060901201501802009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016-17 2017-18£ bn024681012%Net borrowing (L axis)% of GDP* (R axis)
    • GDP (100%) = Consumer spending (64%) +Govt consumption (23%) +Investment (15%) +Net trade (-2%)(Exports 30% – Imports 32%)Where is growth coming from?
    • Reasons to be cheerful (3)• 
    • Trade becomes a plus for growth-5-4-3-2-10123452009 2011 2013 2015 2017%ofGDP-12-9-6-30369Annual%changeBALANCE OF PAYMENTS DEFICIT (LHS)Annual export growth (% RHS)
    • Reasons to be cheerful (4)• 
    • Reasons to be cheerful (5)• 
    • Turning the corner
    • Light At The End Of The Tunnel• 
    • Sluggish growth – but growth-6.0-5.0-4.0-3.0-2.0-1.00.01.02.03.02007 2008 2009 2010 2011 2012 2013 2014%QUARTERLYANNUALLong-term averageForecast
    • THE NEW AGENDA
    • A rebalanced economy-0.50.00.51.01.52.0percentagepoints-0.50.00.51.01.52.0percentagepointsAverage 1999-2008Contributions to growthPrivateconsumptionInvestmentPublicspendingNet trade
    • A rebalanced economy the goalNet tradePrivateconsumptionBusiness investmentGovtSpending-0.50.00.51.01.52.0percentagepoints-0.50.00.51.01.52.0percentagepointsAverage 1999-2008Average 2010-2015Contributions to growth
    • Where will growth come from?-50510152025303540451993-2000 2001-2007Industrial production (19)Transport and comms (8)Construction (6)Distribution, etc. (15)Property & business (24)Financial Services (3)Public services (24)
    • Manufacturing output1001502002501950 1960 1970 1980 1990 2000index(1950=100)100150200250index(1950=100)Volume of manufacturing output
    • Manufacturing vs services0501001502002503003504004505001950 1960 1970 1980 1990 2000index(1950=100)050100150200250300350400450500index(1950=100)GDPServicesVolume of output, 1950-2009Manufacturing
    • FDI is essential03006009001200150018002005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12No of projectsNumber
    • Overseas investment stock, 2011UKFranceGermanyItaly050010001500050010001500Stock of overseas investment, 2011: EU total = $7,275 billion$ bn$ bn16.5% 13.2% 9.8%4.6%
    • THANK YOU
    • RECRUITING FROMSTEM SUBJECTS
    • OPENING HEADLINES• • • 
    • WHAT GROUND WILL I COVER?• • 
    • HOUSE OF LORDS SELECTCOMMITTEE – HE IN STEMSUBJECTS (2012)• • • • 
    • HOUSE OF LORDS SELECT COMMITTEE– HE IN STEM SUBJECTS (2012)• • • • – – – – 
    • SOCIAL MARKET FOUNDATION• • • 
    • SOCIAL MARKET FOUNDATION• • • 
    • AGR SURVEY OF STEMRECRUITERS• • 
    • RECRUITER APPROACHES TOOVERCOME THE PROBLEM        
    • WHY DO STEM GRADUATES AVOIDSTEM CAREERS?
    • IS THERE A GENDER ISSUE?• • 
    • HOW DO YOU OVERCOME GENDERIMBALANCES?• • • • • • • 
    • ARE YOU INVOLVED IN ANYCOLLECTIVE EFFORT TOENCOURAGE YOUNG PEOPLE INTOYOUR SECTOR?• • 
    • ONE THING TO IMPROVE THESITUATION:• • • • • • • • 
    • The key is to inform, inspire andeducate younger people on the wealthof career opportunities that STEMcan lead to.
    • THE QUESTIONSYOU KEEP ASKINGME
    • The usual suspects• • • 
    • BIG QUESTION #1
    • BIG ANSWER #1
    • But perhaps there is a shortage…• • • 
    • The cardinal sins of screening
    • The cardinal sins of screening
    • The salary shortage
    • The offer shortage
    • A tale of two civils
    • BIG QUESTION #2
    • BIG ANSWER #2
    • GCSE results – girls beat boys.
    • GCSE results – girls beat boys. Sortof.
    • So what A levels do they choose?
    • A Level results – girls beat boys.
    • A Level science – the boys are back…
    • Degree choices – old stereotypesapply
    • Speaking of old stereotypes…
    • What do we do about this?• • • • 
    • BIG QUESTION #3
    • BIG ANSWER #3
    • The options…• • • • 
    • Not all engineers are “engineers”.• • • • 
    • Not all “engineers” are engineers.
    • A few final thoughts.• • • • • 
    • Get in touch
    • THE MOST EXPENSIVESCIENCE COLLABORATIONIN THE WORLD - HOWCERN’S TECHNOLOGYTRAINING CAN SERVE UKINDUSTRY
    • The Large Hadron ColliderLakeGenevaLHCSPSPSFranceSwitzerland
    • The Detectors• – – – • – – • – – • Français
    • Some LHC Statistics• • • • • • 
    • Collaboration and Invention• • • • • • 
    • UK Involvement and Funding• • • • • • • 
    • Training and Employment offered byCERN
    • Fields most in demand
    • The Learning Opportunity• • • • • • • 
    • UK Participation Figures
    • Moving Forward• • • • • • 
    • Conclusion• • • 
    • THE BIG BANGTHEORY IN15 MINUTES
    • The effort to understand theuniverse is one of the very fewthings that lifts human life a littleabove the level of farce, and gives itsome of the grace of tragedy.Steven Weinberg, Nobel Prize 1979TheBig Bang Theoryin 15 Minutes
    • •  A Level Physics, 1982 55,728 entrants•  A Level Physics, 2006 28,119 entrants•  A Level Physics, 2012 34,509 entrants
    • It s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh, he ll give you, give you 666.There was a little toolshed wherehe made us suffer, sad Satan. www.reversespeech.comSTOPIt s my sweet Satan.It s my sweet Satan. The onewhose little pathIt s my sweet Satan. The onewhose little path would make mesadIt s my sweet Satan. The onewhose little path would make mesad whose power is Satan.It s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh,It s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh, he ll give you,It s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh, he ll give you, give youIt s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh, he ll give you, give you 6It s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh, he ll give you, give you 66It s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh, he ll give you, give you 666.It s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh, he ll give you, give you 666.There was a little toolshedIt s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh, he ll give you, give you 666.There was a little toolshed wherehe made us suffer,It s my sweet Satan. The onewhose little path would make mesad whose power is Satan.Oh, he ll give you, give you 666.There was a little toolshed wherehe made us suffer, sad Satan.RREVEAL
    • The mostincomprehensiblething about theuniverse isthat it iscomprehensible.Albert Einstein
    • There are two waysof arriving at thetruth. I decided tofollow them both.Georges Lemaître, 1894-1966Your calculations arecorrect, but your physicsis abominable.
    • Teletubbies = Time × Moneybut, Time = Money⇒ Teletubbies = Money × Money⇒ Teletubbies = Money2and Money = √(Evil)⇒ Teletubbies = Evil⇒ Money2 = Evil
    • Wavelength(nm)400nm700 nm700 nm600 nm500 nm400 nm
    • 700 nm600 nm500 nm400 nm400nm700 nm
    • Do the red shifts imply receding galaxies?SphericalBastard
    • We are 12 billion light-yearsfrom the edge,That s a guess,No one can ever say it s true,But I know that I will alwaysbe with you.We are 13.7 billion light-yearsfrom the edge of theobservable universe,That s a good estimate withwell-defined error bars,And with the availableinformation, I predict that Iwill always be with you