Oral Answers to Questions

Debate between Andrew Stephenson and Steve Double

Tuesday 15th December 2015 Commons Chamber

[Andrew Stephenson (Pendle) (Con)]

10. What steps he is taking to support the aerospace industry.

[Steve Double (St Austell and Newquay) (Con)]

14. What steps he is taking to support the aerospace industry.

[The Minister for Small Business, Industry and Enterprise (Anna Soubry)]

I was delighted that in the spending review the Government committed a further £900 million of funding for aerospace research and development, supported by the Aerospace Technology Institute. That means that this Government will invest almost £2 billion in aerospace research over 13 years to 2025-26, so our world-leading aerospace industry can stay at the forefront of development and capitalise on the estimated £3.6 trillion market for new aircraft that will be needed over the next 20 years.