Extract from Lords debate on Palace of Westminster: Restoration and Renewal - Feb 6

Wednesday, 7 February 2018 07:52

Lord Kirkwood of Kirkhope (LD):...I learned the other day that Rolls-Royce does not really sell aero engines any more. What it sells is the data that tells the airlines what is happening to the aero engines at 37,000 feet over the north Atlantic. That is the power and the value of data. We have to capture that, and we can. We are clever enough to do it. We have people in here—the noble Baroness, Lady Lane-Fox, who was here a moment ago, is a world leader in this kind of dynamic...Request free trial