Aerospace Industry: Finance

Summary

To ask the Secretary of State for Business and Trade, pursuant to the Answer of 7 January 2025 to Question 20971 on Aerospace Industry: Finance, what progress his Department has made on the allocation of the £975 million to boost the UK aerospace industry

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Timeline

1. 23 June 2025

   Written question

   To ask the Secretary of State for Business and Trade, pursuant to the Answer of 7 January 2025 to Question 20971 on Aerospace Industry: Finance, what progress his Department has made on the allocation of the £975 million to boost the UK aerospace industry

   Source: Commons

2. 1 July 2025

   Answer

   Of the £975 million allocated to the Aerospace Technology Institute Programme between 2025/26 and 2029/30, £285 million has been committed so far. This funding is distributed across the Devolved Administrations as follows:RegionCommitted Spend from 2025/2...

   Source: Written answer

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• · Department for Business and Trade · Answering body

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