Written Question·Department for Business and Trade·UIN 17094

Aerospace Industry

Tabled: 2 December 2024

Answered: 6 December 2024

Named Day

Question

Dame Harriett Baldwin

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of Autumn Budget 2024 on the aerospace sector.

Answer

Sarah Jones

The Budget confirmed £975m over 5 years to the Aerospace sector. This provides continued stability and confidence for industry to invest in long-term R&D projects – delivering economic growth, supporting high skilled jobs across all parts of the UK, a...

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