Home Business News Multi-million-pound boost announced for UK’s aerospace industry 

Multi-million-pound boost announced for UK’s aerospace industry 

by LLB Reporter
6th Dec 18 10:01 am

A new Sector Deal between the aerospace industry and Government to build on the UK’s excellence and heritage in aerospace, and transform the future of flight will be announced in a speech today by Business Secretary Clark.

At a government event in Bristol with businesses, researchers, civic leaders and industry representatives to mark the first anniversary of the modern Industrial Strategy, Greg Clark will announce new support for the UK’s leading aerospace sector and the next generation of transport to tackle ground congestion and pollution in towns and cities.

The deal will develop “Future Flight” – including electric planes with vertical take-off capability, goods and service drones, to autonomous aircraft.

Clark said: “For the past two years, I have been engaging with businesses, large and small, up and down the country about our post-Brexit economy.  They have been clear and consistent in telling me what is needed to preserve jobs, open up new opportunities and build on the success of our trading relationships.  An economy that will continue to be open and enterprising, driving invention and innovation through high regulatory standards, providing good quality, well-paid jobs throughout the country – with a reputation as a dependable and confident place to do business.  This will be the test of a successful our long-term economic partnership with the EU. The withdrawal agreement is a significant first step in building our future relationship, while no deal puts this all at risk.”

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