Asked by: Lord Jones (Labour - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government how many people they estimate are engaged in the aerospace industry in the United Kingdom.
Answered by Baroness Jones of Whitchurch - Baroness in Waiting (HM Household) (Whip)
Based on ONS data the UK aerospace manufacturing, repair and maintenance sectors directly accounted for 100,000 jobs in 2024 and supported an additional 150,000 jobs in other areas of the economy through its purchases of input goods and services.
Asked by: Lord Jones (Labour - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government what was the estimated value of aerospace industry exports in (1) 2023, and (2) 2024.
Answered by Baroness Jones of Whitchurch - Baroness in Waiting (HM Household) (Whip)
According to ONS business survey figures, the UK aerospace industry exported £20.0 billion of its production in 2023 and £23.1 billion in 2024 (in current prices).
Asked by: Lord Jones (Labour - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government what assessment they have made of the impact of tariffs imposed by the United States of America on the aerospace industry.
Answered by Baroness Jones of Whitchurch - Baroness in Waiting (HM Household) (Whip)
We are disappointed by the United States’ announcement of an increase in tariffs and we understand businesses, including in the aerospace industry, are concerned. We will continue to engage with the US to understand the details of how these tariffs will be implemented. We remain resolute in our support for UK industry; Ministers and officials will continue to meet with stakeholders and assess impacts.
Asked by: Lord Jones (Labour - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government what was the estimated value of aerospace exports in (1) 2022, (2) 2023, and (3) 2024.
Answered by Baroness Jones of Whitchurch - Baroness in Waiting (HM Household) (Whip)
According to ONS business survey figures, the UK aerospace industry generated goods exports valued at £18.8 billion in 2022 and £20.0 billion in 2023 (in current prices). Figures for the year 2024 are not yet available.
Asked by: Lord Jones (Labour - Life peer)
Question to the Department for Business and Trade:
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.
Answered by Baroness Jones of Whitchurch - Baroness in Waiting (HM Household) (Whip)
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.