Rolls-Royce

(asked on 18th November 2015) - View Source

Question

To ask Her Majesty’s Government what steps they plan to take, if any, to help Britain’s aerospace and defence industry in the light of Rolls-Royce’s fifth profit warning in 21 months.


Answered by
Baroness Neville-Rolfe Portrait
Baroness Neville-Rolfe
Shadow Minister (Treasury)
This question was answered on 2nd December 2015

The Government is working with Britain’s aerospace and defence industry through the Aerospace Growth Partnership and the Defence Growth Partnership to remove barriers to growth, boost exports and grow high value jobs.As part of this work we are supporting the industry’s investment in technology, competitiveness and productivity, and skills, to help ensure the UK remains one of the world’s leading aerospace and defence nations


At the Spending Review, the Government protected and extended spending on the Aerospace Technology Institute.


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