Bank of England Governor hails Sheffield University research centre

Mark Carney, Governor of the Bank of England (second left) with Professor Sir Keith Burnett, Vice Chancellor of the University of Sheffield and apprentices Rebecca Taylor and Nathan Wall, during a visit to the AMRC Training Centre at Waverley, near Rotherham.
Mark Carney, Governor of the Bank of England (second left) with Professor Sir Keith Burnett, Vice Chancellor of the University of Sheffield and apprentices Rebecca Taylor and Nathan Wall, during a visit to the AMRC Training Centre at Waverley, near Rotherham.
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Bank of England Governor Mark Carney has praised the University of Sheffield Advanced Manufacturing Research Centre for its contribution to the recovery of UK manufacturing.

He visited the site at Waverley and delivered his last public speech before the General Election.

He told a 200-strong audience: “Sheffield has remained fleet of foot through innovation. The University of Sheffield Advanced Manufacturing Research Centre is the latest and prime example of that.

“No one knows better than the people in this room that manufacturing needs to be ever more productive to prosper in a world of strongly falling prices and rising international competition.

“The strong recovery of UK manufacturing in the last year, growth stronger than at any point in the past decade, is testament to the sector’s continuing improvement.”

He also emphasised the importance of recruits from abroad. Gifted foreign students who came to the University of Sheffield, and stayed on to work, were helping to create the advanced manufacturing techniques that created jobs, he added.

The event was also attended by former trade minister and AMRC adviser, Richard Caborn, and university vice chancellor, Prof Sir Keith Burnett.

Prof Burnett said the AMRC now had ambitions to help companies from the region develop Britain’s infrastructure.

He said: “We have untapped capability.”

Richard Caborn highlighted the AMRC’s achievements, including the creation of the AMRC training centre, which Mr Carney went on to visit.

He said it not only gave young people the skills to be first class artisans, it also opened the way for those from some of Sheffield’s most deprived areas to go on to gain top level engineering degrees.

The event coincided with the publication of “Building Futures” – a new book celebrating the achievements of the AMRC.

It marks the 10th anniversary of the completion of the first AMRC building on the Advanced Manufacturing Park at Waverley and includes a foreword by the Governor in which he hails it “a world leader in metallurgy and engineering research.