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
We are currently running this project again to update our 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.
The data and new reports will be available from September 2021.
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.