There has been a steady decline in the importance of the sector since the 1960s. Even so, it still accounts for at least one in 10 jobs and a significant proportion of exports.
With Professor Sir Mike Gregory, CBE, Department of Engineering, University of Cambridge; Professor John Bryson, Professor of Enterprise and Economic Geography, University of Birmingham; Finbarr Livesey, Director for the Centre of Industry and Government, University of Cambridge; Fiona Toye, Chief Executive, Toye, Kenning and Spencer, Birmingham. A debate in our 'Myths and Realities' series.
Recorded in the Conference Centre on 2 March 2011
MP3 file, 10 hrs, 39.84 MB