"It’s been an excellent start to the five-year plan for Enterprise and you can read more in this review. But such is the strength, depth and diversity of our activities that it can only reflect a small proportion of the outstanding work of the UCL community. Every member of UCL is to be congratulated for a tremendously successful year and with the promise of much, much more to come."
Prof Stephen Caddick
What the story of the ATM teaches us about innovation
25 June 2012
By Stephen Caddick, Vice-Provost (Enterprise) at UCL
45 years ago this week, an innovation which brought the British banking industry into the modern age was installed in Enfield, north London – the cash machine.
Truly innovative for its time, the ATM was the brainchild of one man, John Shepherd-Barron, after a brainwave when noticing how technology behind vending machines could be applied to banking.
Read the full article at independent.co.uk