Rolls-Royce

Department for Business, Innovation and Skills written question – answered on 2nd December 2015.

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Photo of Lord Taylor of Warwick Lord Taylor of Warwick Non-affiliated

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.

Photo of Baroness Neville-Rolfe Baroness Neville-Rolfe The Parliamentary Under-Secretary of State for Culture, Media and Sport, The Parliamentary Under-Secretary of State for Business, Innovation and Skills

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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