Aerospace Industry: Redundancy

(asked on 26th June 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

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.


Answered by
Nadhim Zahawi Portrait
Nadhim Zahawi
This question was answered on 1st July 2020

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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