Written Question·Department for Business and Trade·UIN 20971

Aerospace Industry: Finance

Tabled: 18 December 2024

Answered: 7 January 2025

Named Day

Question

Gavin Robinson

Democratic Unionist Party — Belfast East

To ask the Secretary of State for Business and Trade, with reference to the press release of 14 November 2024 entitled PM boosts UK aerospace industry with £975 million to drive growth and jobs, how much of that funding will be spent in each of the devolv

Answer

Sarah Jones

The Budget confirmed £975m over 5 years to the Aerospace sector, which will be delivered through the Aerospace Technology Institute Programme. UK based industry applications for R&D co-investment from the Programme enter a competitive process. Competi...

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