Question to the Department for Business, Innovation, Science and Trade:

To ask the Secretary of State for Business, Innovation, Science and Trade, whether he plans to confirm the proposed Aerospace Supply Chain Fund; whether it will support dual-use and defence-related manufacturing activities; and whether eligibility criteria will include medium-sized manufacturers that sit above the standard small business threshold.

Following the announcement at the 2026 Farnborough International Airshow, the British Business Bank is working with a prospective fund manager, industry partners and the wider aerospace sector to develop the fund's structure, strategy and eligibility criteria.

Whilst the criteria are still being agreed, the fund is intended to support both small and medium sized high-potential UK aerospace suppliers as they scale and invest for future opportunities, including businesses operating in dual-use areas. The aim is to strengthen the competitiveness, resilience and growth of the UK aerospace supply chain.