Physics and the economy
Physics is central to the UK economy. Whether through the application of novel research and technologies, or through the skills and abilities of physics-trained workers, physics drives businesses and innovation.
One of our key roles, and that of our members, is to ensure those with decision-making power fully understand the contribution a strong and connected physics business community can make to the economy, and how vital a well-funded, thriving R&D base is to the discovery and solutions process.
We are committed to representing physics-based businesses and physicists at the highest levels of government and produce policy briefings and influential reports highlighting the critical contribution that physics-based businesses make to our economy.
The 2021 project – tenders invited
We are currently inviting tenders to help us provide core economic insights on the physics sectors in the UK and Ireland, providing a measure of their performance and health.
This time, the project will not only provide the most up-to-date snapshot of these sectors, but also review their performance across the past decade.
See reports from our 2016-17 project on the employment opportunities and economic value physics-based businesses delivered across the UK and Ireland.
The health of photonics
This report by the photonics community emphasises the role physics can play in advancing light-based technologies and examines how these technologies can support the government's industrial growth strategy.