Eight months ago I told the House that the aim of our industrial strategy was to create prosperous communities throughout the country, and since our last questions session we have implemented that strategy across the United Kingdom.
Last month, at the international business festival in Liverpool, we announced £1.3 billion of investment in the next generation of research and innovation talent. I travelled to Trawsfynydd, in north Wales, to launch the nuclear sector deal, which will drive down energy costs for consumers. In Newcastle, as part of the Great Exhibition of the North, we launched our construction sector deal, aiming to cut build time by 50%. At the same time, the Under-Secretary of State for Housing, Communities and Local Government, my hon. Friend Jake Berry was in Grimsby, helping to unveil stage 1 of a landmark town deal.
Just yesterday I was at the Farnborough air show, where the Prime Minister announced £343 million of investment in civil aerospace, and we announced a new era of space flights in the UK, with a vertical satellite launch site at Sutherland and support for the development of horizontal launch sites at Newquay, Snowdonia and Prestwick.