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Nearly £1 billion pledged for UK aerospace in UK government budget

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Nearly £1 billion pledged for UK aerospace in UK government budget

The UK Government has committed nearly £1 billion ($1.29 billion) in funding for the aerospace sector in its autumn budget on October 30, 2024. On one hand, the new Labour government has pledged to drive forward research and innovation while on the other has increased air passenger duty (APD) for c...

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