Aerospace Industry: Redundancy

Department for Business, Energy and Industrial Strategy written question – answered on 1st July 2020.

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Photo of Jane Stevenson Jane Stevenson Conservative, Wolverhampton North East

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to prevent redundancies in the aerospace sector.

Photo of Nadhim Zahawi Nadhim Zahawi Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

The UK’s aerospace sector is benefiting from over £6 billion of support from the Government’s Covid-19 business support measures, including: the Coronavirus Corporate Financing Facility; our sector specific support measures for research and development; our supply chain innovation and performance improvement programmes; and export finance support for aerospace, expected over the next 18 months.

In addition, we remain in active discussion with the industry, including at sector level through the Aerospace Growth Partnership.

We will continue to support the aerospace industry to get back on its feet to protect jobs across the whole of the UK.

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