(10 years, 1 month ago)
Commons ChamberMay I just say that it is so encouraging to see the number of women pilots in the Royal Air Force, particularly women fighter pilots who are showing not just that they are the equal of men, but that, sometimes, they can beat them hands down?
Obviously, as a female myself, I would say that, quite often in many professions, we have to be not just as good as men, but better than men to prove that we are their equal.
We cannot hope to achieve the Government’s target of growing the number of jobs in the space industry if we are not equipping the next generation with the necessary skills. Will the Minister tell the House what assessment he has made of the impact that cuts to the skills budget will have on the future success of the UK space industry? Furthermore, what is he doing to encourage young women to enter the industry?
If our space industry is to prosper globally, we must be pioneers in the field of research and development, but our public investment in R&D has not kept pace with our international competitors. We spend less on research as a share of GDP than France, Germany, the US and China, all of which are increasing their commitment to science and technology. In 2013, UK Government expenditure on civil space research and development was only seventh amongst OECD countries, well behind some of our competitors.
Investment is vital to science, but so is regulation. It is also important that the Government’s regulatory regime creates an environment that enables growth in the satellite and space sector. Will the Minister explain what is being done to enable new players, such as small and medium-sized enterprises and start-ups, to access the market? As in many UK industries, businesses’ ability to access finance remains a concern. What is the Minister doing to improve access to finance for companies in the space industry?
Throughout the debate, we have heard much about the achievements of space travel and innovation, and the considerable benefits they bring to our economy. Tim Peake’s journey to the international space station has the potential to inspire a new generation and reignite the passion for space exploration felt by my generation when we saw man first set foot on the moon. This Government have to capitalise on that in the coming months and years and continue to work in partnership with the sector, allowing us all to reach for the stars.