Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the Golden Valley development in Cheltenham on growth in the defence sector in the industrial strategy.
The Government’s Industrial Strategy will be published shortly. Defence has been identified as a priority growth-driving sector within the Industrial Strategy and the Ministry of Defence is developing a sector plan - the Defence Industrial Strategy - to ensure we seize the opportunities.
The Golden Valley Development in Cheltenham is a nationally significant, £1billion investment in the UK’s cyber security sector. By co-locating industry, innovators, academia, and government agencies adjacent to GCHQ, it will accelerate the development of sovereign cyber capabilities, supporting national security and economic growth and resilience. The Department for Science, Innovation and Technology continues to work to encourage further growth in the sector.