Embattled Rolls-Royce boss Warren East is targeting the company’s bloated management structure as he fights to get the troubled engineering giant back on track.
It is understood the chief executive will sketch out plans to shed some of the company’s 2,000 senior managers when he lays out initial findings from his review of the FTSE 100 group’s operating structure on Tuesday.
Universities and Science Minister Jo Johnson has announced two £10million manufacturing research hubs that will address major, long-term challenges facing the UK's manufacturing industries, and capture opportunities from emerging research.
The Hubs will be based at the University of Southampton and Brunel University in London and will work in collaboration with academics at universities across the country and are funded for the next seven years by the Engineering and Physical Sciences Research Council (EPSRC).
EPSRC's £20m investment will be enhanced by £14m from the universities and a further £58m from industry.
Universities and Science Minister, Jo Johnson said: “With this £92m investment, these new manufacturing hubs will develop the next generation of high tech products in communications and healthcare, as well as tackle industry challenges such as rising materials costs.”
The Engineering Council is the UK regulatory body for the engineering profession. We hold the national registers of 222,000 Engineering Technicians (EngTech), Incorporated Engineers (IEng), Chartered Engineers (CEng) and Information and Communications Technology Technicians (ICTTech).
In addition, the Engineering Council sets and maintains the internationally recognised standards of professional competence and ethics that govern the award and retention of these titles. This ensures that employers, government and wider society - both in the UK and overseas - can have confidence in the knowledge, experience and commitment of professionally registered engineers and technicians.