HC Deb 10 June 2002 vol 386 cc988-9W
Mr. Todd

To ask the Secretary of State for Trade and Industry what plans she has to review the future of Launch Aid. [59406]

Alan Johnson

The aerospace industry obtains a broad range of support from the Department of Trade and Industry, including Launch Investment and support for research and technology. The support mechanisms are constantly kept under review to ensure they deliver value for tax payers' money while underpinning the industry's efforts to raise productivity and competitiveness.

The Aerospace Innovation and Growth Team (IGT), which was launched on 16 May 2002, will wish to consider the support available to the aerospace sector as part of their remit of looking at medium and long-term strategic issues affecting the aerospace sector. The Government and the industry partnership through the IGT is aimed at improving innovation and competitiveness in the aerospace industry.