Brexit: Aerospace Industry

Lord Soley Excerpts
Monday 6th February 2017

(7 years, 9 months ago)

Lords Chamber
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Asked by
Lord Soley Portrait Lord Soley
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To ask Her Majesty’s Government what assessment they have made of the impact of Brexit on the aerospace industry.

Lord Prior of Brampton Portrait The Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Prior of Brampton) (Con)
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My Lords, we have engaged with the UK aerospace sector and are aware of the potential issues that the UK’s exit from the EU may have. Our aim is to keep the UK the leading aerospace nation in Europe and we will continue our long-standing support for the sector. That includes a matched co-funding of some £3.9 billion for a research and development programme to 2026.

Lord Soley Portrait Lord Soley (Lab)
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Are the Government aware of the cross-border problems with the supply chain in aerospace? I am concerned about the European Aviation Safety Agency—where we play a key role—which certifies the safety of aircraft products. That is a profoundly important area. I am not sure—and this applies to other agencies, too—how the Government plan to move that forward in agencies, particularly where we play the lead role and will no longer be able to do so after Brexit.

Lord Prior of Brampton Portrait Lord Prior of Brampton
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My Lords, the EASA is indeed extremely important, as are other European agencies. We will negotiate with those agencies over the next two years to come to a sensible arrangement.