Weekly Events Blog: November 29th-December 7th | IPT

In the last week we have held several events. Topics included Managing Longevity, the UK’s Space Race and Attracting Tech Investment. We were joined by several high-profile panellists including Claire Hawkins, Director of Corporate Affairs and Investor Relations, Phoenix, Nick Shave, the VP of Strategic Programmes and Chair of UKSpace, Neil Ross, Head of Policy at TechUK and Dr James Brown, Director of Aston Research Centre for Healthy Ageing.

The 100 Year Life: Managing Longevity

On Monday 29 November, the Industry and Parliament Trust (IPT) hosted a Dinner Discussion between parliamentarians and industry representatives entitled, ‘The 100 Year Life: Managing Longevity.’ The discussion was chaired by Damian Green MP, Chair of the Longevity All-Party Parliamentary Group and welcomed guest speakers Dr James Brown, Director of Aston Research Centre for Healthy Ageing, Aston University, Claire Hawkins, Director of Corporate Affairs and Investor Relations, Phoenix and Tony Mudd, Divisional Director, Tax and Technical Support, St James’s Place Wealth Management. The discussion focused on the managing an aging population.

Key discussion points:

  • People are living longer lives but statistics alone don’t showcase health inequality. Between Richmond and Hartlepool, the life expectancy difference is six years, yet the people in Richmond can expect 14 more years of health than their Hartlepool counterparts
  • The auto-enrolment in pension schemes has massively benefitted younger generations, but between them and the baby boomers there are generations with mixed pension pots who are going to struggle to maintain their standard of living
  • Access to work for over 50’s is challenging. They are often left behind in favour of younger applicants, despite their experience and willingness to work, which can reduce their sense of contribution to society, has a negative impact on their health and prevents a continuing income resulting in them becoming prematurely reliant on their pension

The UK’s Space Race

On Monday 06 December, the Industry and Parliament Trust (IPT) hosted a Dinner Discussion between parliamentarians and industry representatives entitled, ‘The UK’s Space Race.’ The discussion welcomed guest speakers Nick Shave, the VP of Strategic Programmes and Chair of UKSpace, Dr Nigel Bannister, Associate Professor, Department of Physics and Astronomy, Leicester University. The discussion focused on the potential for Britain to become a world leader in space technologies and the need to tackle a lack of diversity in the sector.

Key discussion points:

  • The UK spends little public money on Space, meaning the sector is heavily reliant on private sector investment- with a little more funding the UK is well positioned to become leader in Space technologies
  • Space tourism is damaging public perceptions of space sector, especially with current concerns for the environment, a lot of people see it as a frivolous venture and not as a beneficial scientific discourse
  • There is a skill and gender gap in the industry which must be addressed to make sure the space sector does not miss out on top female talent and necessary soft skills

Europe’s Tech Capital: Attracting Tech Investment

On Tuesday 07 December, the Industry and Parliament Trust (IPT) hosted a Breakfast Meeting between parliamentarians and industry representatives entitled ‘Europe’s Tech Capital: Attracting Tech Investment.’ The discussion was chaired by Chi Onwurah MP, Shadow Minister for Business and Industrial Strategy and welcomed guest speakers Neil Ross, Head of Policy at TechUK and Jody Ford, Chief Executive Officer, Trainline. The discussion focused on what progress needs to be made to see significant growth in the UK tech market.

Key discussion points:

  • The need for clear and stable regulation from government and better dialogue between regulators and businesses
  • The importance of accessing talent and upskilling workers to create a stronger UK workforce
  • The essential investment needed in R&D and a stronger approach to capturing markets outside of the UK