Written question asked by Lord Jones (Labour) on Monday, 4 November 2024, in the House of Lords. It was due for an answer on Monday, 18 November 2024. It was answered by Baroness Jones of Whitchurch (Labour) on Monday, 18 November 2024 on behalf of the Department for Business and Trade.
Aerospace Industry
- Question
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To ask His Majesty's Government how much funding through research and development grants there was for the aerospace industry in (1) 2023–24, and (2) 2024–25.
- Answer
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HMG allocated £225m in 2023-24 and £195m in 2024-25 to support the aerospace industry. This funding primarily supports the Aerospace Technology Institute (ATI) programme, which co-invests alongside industry in research and development to maintain and grow the UK’s competitive position in civil aerospace and decarbonise aviation.
The Autumn Budget 2024 announced an extension to the ATI programme providing £975m of funding up to 2030.
Secondary information
- Type
- Written question
- Reference
- HL2261
- Session
- 2024-26
- Subjects
- Finance Grants Research Aerospace industry
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 20:35:17 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL2261
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL2261
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL2261