Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, what targets her Department has set for improving the UK’s position in the global space economy.

The UK has a strong position in the global space economy that the government is committed to maintaining. Building on our countries space heritage and deep pool of skilled talent, supportive regulation, and world-leading financial systems, the UK captures around 5% of the global market, leads Europe in private investment, and ranks third globally for private space company investment. Through our One-Government approach, we are developing capability in priority space subsectors where the UK can grow, compete, and lead internationally, supporting economic growth and competitiveness while strengthening national security and resilience.