Asked by: Baroness Anelay of St Johns (Conservative - Life peer)
Question to the Department for Science, Innovation & Technology:
To ask His Majesty's Government what assessment they have made of the opportunities for the growth of the London insurance market and emerging services relating to operations by the space sector; and whether they plan to bring forward proposals for a reduction of operators’ regulatory compliance costs.
Answered by Baroness Lloyd of Effra - Baroness in Waiting (HM Household) (Whip)
The Government recognises the importance of the London insurance market as the global leader in space insurance. It is looking at options to further support its growth and future development of emerging services, such as Active Debris Removal. The Government is committed to driving growth and innovation through regulation. It is currently consulting on a range of regulatory financial tools for growth of both the orbital operations and insurance sectors, and intends to set out its latest thinking shortly. These measures will contribute to a reduction of operators’ regulatory administrative costs in line with the Prime Minister’s target of a 25% reduction across sectors by 2030.
Asked by: Baroness Anelay of St Johns (Conservative - Life peer)
Question to the Department for Science, Innovation & Technology:
To ask His Majesty's Government, further to the remarks by Lord Hendy of Richmond Hill on 5 September 2025 (HL Deb col 1118), what steps they have taken to consult the space sector on proposals to revise how the limit of operator liability is determined for satellite operations.
Answered by Baroness Lloyd of Effra - Baroness in Waiting (HM Household) (Whip)
The Government is committed to driving growth and innovation through regulation. It is currently consulting with the space sector on options to revise how the limit of operator liability is determined for satellite operations, as part of development of a wider set of regulatory financial tools to support the growth of the UK’s orbital operations sector.
The Government intends to set out its latest thinking to the sector shortly in response to the feedback received. These measures will contribute to a reduction of operators’ regulatory administrative costs in line with the Prime Minister’s target of a 25% reduction across sectors by 2030.
Asked by: Baroness Anelay of St Johns (Conservative - Life peer)
Question to the Department for Science, Innovation & Technology:
To ask His Majesty's Government whether they will continue to (1) support the UK–Brazil Tech Hub, and (2) develop the global network of international tech partnerships, to build digital ecosystems that would facilitate sustainable economic growth and development.
Answered by Baroness Jones of Whitchurch
Minister Clark demonstrated the Government’s continued support for the excellent work of the UK-Brazil Tech Hub during her visit to Brazil in early September. As part of the UK’s Digital Access Programme, the Hub continues to make a real difference for local Brazilian communities by improving digital inclusion, building local capacity, and supporting local digital entrepreneurship and innovation.
The Government is strengthening ties with international partners and building the UK’s reputation as a strong, reliable partner, while harnessing the power of science and technology for global benefit. Supporting partners to transform their economies in a sustainable and inclusive manner is critical to strengthen the entire science and technology ecosystem and achieve our technology ambitions.