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Best of the Spectator

Engineering recovery: how defence can lead a post-Covid economy

Best of the Spectator

The Spectator

News Commentary, News, Daily News, Society & Culture

4.4785 Ratings

🗓️ 9 October 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

The UK has the most severe economic contraction of any country, coupled with a looming unemployment crisis, as a result of the pandemic. Innovative ideas are needed more than ever to get the economy back on track. With the coming defence review - thought to be the biggest since WWII - now is the time to look at how defence, engineering and manufacturing can lead a recovery.

Kate Andrews speaks to a panel of special guests: Tony Danker, CEO of Be the Business and the incoming Director General of the CBI; Tobias Ellwood MP, Chair of the Defence Select Committee; and Charles Woodburn, CEO of BAE Systems.

Sponsored by BAE Systems.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to this special sponsored edition of The Spectator Podcast. I'm Kate Andrews.

0:10.3

While the COVID pandemic rages on, eyes are starting to turn to our economic recovery.

0:15.2

With the most severe economic contraction of any major country, coupled with a looming unemployment crisis, innovative and

0:22.2

bold ideas are needed now more than ever to get the economy back on track. With a forthcoming

0:27.3

defense review, thought to be the biggest since World War II, now is the time to look at how

0:32.3

defense, engineering, and manufacturing sectors can help rebuild the post-COVID economy.

0:38.0

Joining me to discuss this today are Tobias Elwood, Conservative MP and chair of the

0:42.2

Defense Select Committee, Tony Danker, head of B. The Business and incoming Director General

0:47.2

of the CBI, and Charles Woodburn, CEO of BAE Systems.

0:51.6

And thanks to BAE for kindly sponsoring this podcast. Charles, I'll come to you first.

0:56.7

Threats of security were changing long before this crisis with more emphasis on cyber security.

1:02.0

What impact, if at all, has the pandemic had on the way we think about security?

1:06.2

I mean, the pandemic has forced all of us to think, you know, very carefully at, you know, how the UK can be exposed.

1:15.7

And cyber, as you know, is an area that we've been looking at for quite some time.

1:20.1

But, you know, we've seen cyber activity in both the government space, but also in the civilian space.

1:30.2

Cyber activity or malicious cyber activity pick up over the course of the pandemic. You know, I think that the threats or the bad actors

1:37.7

will always look for ways to expose. And when, you know, normal means of travel are hindered,

1:43.3

they will use alternative routes.

1:45.0

And cyber has been an area that they've been, I think, quite aggressive through this

1:51.5

pandemic environment. And not just in the UK, we've seen it in the other five-eyes nations

1:57.1

around the world, this spike up in cyber activity. It's an area that in BA.E, we've been

2:02.7

investing in capability for quite some time, both on the defence side, but also in the civilian

...

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