Dr Phillip Lee commends more space spending

Published: 21 Nov 2012 09:301 comment

BRACKNELL'S MP has welcomed the Chancellor's decision to increase the UK space budget by £60m.

Share this image

BRACKNELL'S MP has welcomed the Chancellor's decision to increase the UK space budget by £60m.

Dr Phillip Lee, who is also vice chairman of the Parliamentary Space Committee said he has been lobbying the treasury for additional funds for the space industry for "some time" and is pleased to have "finally triymphed".

He said: "This is truly fantastic news for the UK.

"I am strong advocate for the British space industry, this is why I am extremely pleased that the Chancellor took heed of my advice and recognised the importance of the space industry and the potential it has to play a larger role in providing further growth to the UK economy."

In 2011 the UK space industry grew by 7.5% contributing £9.1 billion to the economy and employing 28,900 people.

Jump to first paragraph.

Comments

Have your say - post a comment on this article

Registered users log in here
If you are registered with us, you can login here. If you are not registered, please do so now. Once logged in you wont have to complete word verification each time you post.