Oral Answers to Questions Debate
Full Debate: Read Full DebateSteve Double
Main Page: Steve Double (Conservative - St Austell and Newquay)Department Debates - View all Steve Double's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 5 months ago)
Commons ChamberLate payments and the way that some large businesses have behaved in the past have been an issue for decades, and it is this Government who are prepared to make changes and bring forward policies to reduce them. We know that late payments can be incredibly damaging for businesses. That is the reason for the Chancellor’s announcement last week about the responsibility of committees to look at payment practices, and I look forward to making further proposals.
In the past month we have invested £18 million in the OneWeb satellite constellation to deliver global 5G communications, which I announced at the European Space Agency in the Netherlands. Last week we announced £7 million for the SMILE—Solar wind Magnetosphere Ionosphere Link Explorer—mission. In addition, we announced £25 million for the PLATO—planetary transits and oscillations of stars—observatory mission, and last week we signed the Square Kilometre Array treaty, which will see £180 million invested in the world’s largest telescope.
I thank the Minister for that answer, but will he confirm that the Government remain positive about the potential of a horizontal-launch spaceport at Cornwall airport Newquay? Will he continue to work to provide the support needed to move that development forward, which would be of such benefit to the Cornish economy? Will he also come to Cornwall and see for himself the potential of the site?
I thank my hon. Friend for his question; we had a positive meeting with the spaceport team last week. I am keen to do what I can to progress the hard work that has been done to put together an exciting project. The Government are investing £50 million to kick-start operations for a UK spaceport, including a £2 million fund for spaceports planning to host air-launched rockets and sub-orbital space planes. I will come down to Cornwall next month.