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The South East has a Gross Value Added (GVA) of £158 billion (approx $290 billion / €230 billion). This is similar to that of Norway and Austria. |
With a population of eight million and a workforce of 4.2 million, the South East is the largest region in the UK. |
Approximately 287,200 VAT registered enterprises are present in the South East, more than any other UK region. |
The South East is the largest exporter in the UK, with £29 billion (approx $52 billion / €41 billion) of goods moved in 2004. |
The labour force is highly educated with 90% of the working age population holding an academic qualification and over one third of the workforce holding a degree. |
Workers with good language skills are readily available in the region due to the truly international workforce of 585,000 people who were born outside of the UK. |
Around nine working days a year are lost per employee due to sickness, the lowest amount for a UK region. |
The region is home to 24 universities and higher education institutes, where nearly 200,000 study. This includes the University of Oxford, one of the most prestigious universities in the world. |
South East universities work very closely with business, with over 2800 research conracts won annually, higher than any other UK region. |
The region's 24 universities and higher education institutes supply over 73,000 graduates per annum. |
£4.66 billion (approx $3.06 billion / €2.43 billion) is spent on R&D annually, nearly one quarter of UK expenditure. |
South East organisations undertaking R&D employ 45,800 people, which is almost 25% of the UK R&D workforce. |
The South East has the highest number of patents granted in the UK. The statistics show that 820 patents, over 20% of the UK total were granted to firms based in the South East in 2004-5. |
There are 6,540 foreign-owned companies in the South East. |
With three international airports, 11 sea ports, 108 motorway junctions, 77 train stations and access to the Channel Tunnel, the South East has one of the most extensive transport infrastructures in Europe. |
Heathrow, the world's busiest international passenger airport, is home to over 90 airlines serving approximately 186 destinations. It handles over 67 million passengers and 1.3 million tonnes of freight each year. |
It takes 35 minutes to travel through the Channel Tunnel between the UK and mainland Europe. Most major towns in the South East are connected by rail to central London with a journey time of under an hour. |
Almost one third of the land in the South East (637,000 hectares) is designated as an Area of Outstanding Natural Beauty (AONB), more than any other UK region. |
In 2004-5, the South East had the second lowest crime rate in England with 8,983 reported crimes per 100,000 people. |
94% of the South East population is in good or fairly good health, which is higher than any other UK region. |
Eurostar has set a record for the quickest train journey between Paris and London of just 2 hours, 3 minutes and 39 seconds, meaning a typical journey will take just over 2 hours when the line opens in November 2007. |
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| Southampton University to become photonics centre |
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8 January 2010
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Southampton University is set to host a new state of the art manufacturing research centre as part of UK-wide efforts to generate high-end products for the international market.
The site is one of three to be handed £70 million in government investment, with Business Secretary Lord Mandelson saying he wanted to take the UK into a new high-tech, high-end manufacturing era.
The South East location, which will be known as an Engineering and Physical Sciences Research Council (EPSRC) centre, will seek to uncover next-generation technologies which can move from the laboratory to the shop floor.
Focusing on photonics - described as the "science and application of light using optical fibres to revolutionise the internet and telecommunications" - Southampton's site will take the lead in finding new applications and developing the nascent technology. With an initial funding round of £4.7 million over a five-year period starting in March and 13 industrial partners collectively adding a further £4.6 million, the site is being primed for a quick start.
Lord Mandelson said he looked forward to seeing the commercial realisation of academic endeavour, saying Southampton had a good record of contributing to a "highly skilled, innovative manufacturing sector".
"Southampton University has turned academic research into products that are used to navigate airliners, power the internet and manufacture your iPhone," he added. "With more investment to bring these two sectors together we can strengthen our future innovation and growth."
Professor David Delpy, Chief Executive of EPSRC, said photonics was a field which had already "changed all our lives", whether it be in the aviation or technology industries.
EPSRC has a history of developing university skills and manufacturing capability, having invested £120 million over the past ten years in 15 Innovative Manufacturing Research Centres across the UK.
The EPSRC has invested more than £850 million per year in subjects as diverse as mathematics, materials science and structural engineering.
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