HANSARDCommons07 Mar 20241 contribution
Science, Innovation and Technology
Space Industrial Plan
The Department for Science, Innovation and Technology recently passed the one-year milestone since its creation—a year in which we have firmly embedded our mission and delivered against it, driving innovation that will improve public services, create new well-paid jobs, and grow the economy.
The UK is already ranked by the World Bank as the best place to do business among large European nations. Combined with the City of London and the research strengths of our universities, our space sector is poised to support our growth ambitions.
Our commitment to innovation and enterprise, backed by a globally competitive tax regime and smart regulation, uniquely positions us at the forefront of technological advancement and economic growth in space.