The approach set out today will allow only a limited return to international travel. The cost of testing for travellers and continued uncertainty on a date for reopening threaten to stifle the pace of recovery. The Government must work to rebuild consumer confidence in travel and reconnect the UK with our most important trading partners. It should provide early confirmation that travel will resume on 17 May as planned, publish details of country categorisations, and work to cut the costs of testing for passengers to ensure travel is affordable for families and businesses.
Global manufacturers delivered 54 aircraft last month, making it the worst February since before 2010.
ADS Chief Executive responds to the publication of the defence and security industrial strategy.
ADS Chief Executive responds to the publication of the Defence Command Paper.
Today the Government published its Integrated Review of Defence, Development and Foreign Policy.
ADS Chief Executive responds to the Jet Zero Council's a new £15 million competition.
Defence Secretary Ben Wallace today announced a rise in the baseline profit rate for single source defence contracts to 8.31 per cent, while the underlying profit rate fell from 8.23 per cent for 2020/21 to 8.19 per cent for 2021/22.
The opening day of an entirely digital edition of Security & Policing saw AR Live Systems win the 16th annual ADS Security Innovation Award. AR Live Systems won for its Galahad facial detection and recognition software, an innovative use of machine learning and artificial intelligence to address legal and privacy challenges of use of facial recognition for law enforcement purposes.
Our industries welcome the extension to furlough and support for apprenticeships, which offer a route for thousands to access high value careers in aerospace, defence, security and space. Measures to encourage investment like the new tax super-deduction will make a difference and the consultation on R&D tax relief is a welcome development. The lack of specific measures for aerospace and aviation though until the lifting of international travel restrictions is disappointing. Many SMEs in the aerospace supply chain need longer term and more patient finance, it is unclear how this demand will be met.
Supporting the return to growth of strategic UK manufacturing sectors will be essential to achieving a swift economic recovery that sustains high value skills and jobs in all parts of the country. The UK aerospace sector is among the most impacted industries by the pandemic and faces a long haul to recovery.