Technology Foresight (TF) is a major activity aimed at focusing the UK's science, engineering and technology (SET) resources to improving national wealth and quality of life. The major benefit of the TF Programme has been to expand networking within and between academia, industry, commerce and Government departments. Top priority for the next phase should be to develop this much further and to develop greater awareness of SET at all levels, particularly in boardrooms and in the City. This statement covers the conduct, objectives and outputs of the exercise and provides recommendations for the future.