Written Question·Department for Business and Trade·UIN 19245
Aerospace Industry: Finance
Tabled: 11 December 2024
Answered: 16 December 2024
Named DayQuestion
Liam Byrne
Labour — Birmingham Hodge Hill and Solihull North
To ask the Secretary of State for Business and Trade, how much private investment he expects from the additional funding allocated to the aerospace sector in the next five years.
Answer
Sarah JonesThe 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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