Oral Answers to Questions

Laurence Robertson Excerpts

Tuesday 30th January 2018 Commons Chamber

[Greg Clark]

The hon. Lady understands the constraints that I have in any particular takeover. As a feature of our economy, it is very important that we have investment into our companies from those with the capital to do so. That is why we have a regime that limits the grounds for intervention, but there are certain grounds that I will have to consider during the time ahead.

[Mr Laurence Robertson (Tewkesbury) (Con)]

T2. Will the Minister join me in welcoming the news announced by the aerospace trade association—ADS—of record new aircraft delivery figures worth £29 billion to the UK in 2017, as well as the further announcement of an order by Emirates for an additional 36 Airbus A380s? How will the Government help to ensure that the UK aerospace supply chain is in a position to take advantage of those excellent opportunities?

[The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Richard Harrington)]

The sector has huge growth potential. The Government support the industry through the aerospace growth partnership and have committed £3.95 billion for it, which already supports 200 companies, including Safran and GE Aviation in my hon. Friend’s constituency.