Airbus Broughton boost as UK Government announces £975m for aerospace sector

The UK Government has announced £975 million over the next five for the aerospace sector, which employs thousands of workers in North Wales. The Government has extended the Aerospace Technology Institute (ATI) Programme. They said this will speed up innovation and create job opportunities.

Prime Minister Kier Starmer - who will today make his first visit to Wales since the Budget - has also confirmed £49 million worth of aerospace projects in Wales. Prime Minister Keir Starmer said: “From modern aircraft engines to helicopters, the UK’s aerospace industry is truly world-class.

“The UK is at the forefront of cutting-edge aerospace industry, and by accelerating our investment we will unlock the tech of the future and take a crucial step forward in our mission to deliver growth and opportunity across our country.”

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They said the money will help the industry invest in cutting-edge aerospace technology and help extend the UK’s global lead in wings and engine manufacturing, whilst working to deliver zero-emission flights. Bidding for the funding will open in January, with projects expected to begin from the Autumn.

Wales First Minister Eluned Morgan said: “Wales is a cornerstone of the UK’s Aerospace industry, with over 20,000 people employed here in high quality, skilled jobs in the Aerospace and Defence sectors. I welcome today’s news, another in a succession of job announcements for Wales this autumn.”

Airbus UK Chairman John Harrison said: “The commitment of £975m for the aerospace sector over five years offers certainty for long-term sustainable aviation investment and highly skilled jobs, delivering on the UK’s R&D and growth plan and acknowledging Aerospace’s key role in the upcoming Industrial Strategy."