Ed Balls launches export review at Bristol & Bath Science Park
Shadow Chancellor Ed Balls paid a visit to Bristol & Bath Science Park to unveil a review into British exports.
His visit to Science Park tenant TDK-Lambda came as the company announced it would open a new 2,600 sq ft R&D facility at the site.
The additional R&D team will comprise 8-10 engineers and will report directly into TDK-Lambda UK’s core R&D operations in Ilfracombe, North Devon.
The new design group will complement TDK-Lambda’s Advanced Technology Centre, which is already located at the Science Park. The new hub will be operational by December 2014.
TDK-Lambda is Britain's largest designer and manufacturer of AC-DC and DC-DC power supplies.
The exports review launched by Ed Balls this month (October) will be carried out by Graham Cole, chairman of Somerset-based aerospace firm Augusta.
Since its inception in 2011, Bristol & Bath Science Park has welcomed a series of high profile figures including David Willetts, Nick Clegg, David Cameron, Vince Cable, Ed Davey and Michael Fallon.
Photo caption: BBC News political editor for west of England Paul Barltrop interviews Ed Balls at Bristol & Bath Science Park