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UK aerospace industry calls for tax allowances

The UK aerospace Industry is responsible for 17% of global aerospace sales and with 109,000 people directly employed in the aerospace industry and competition as fierce as ever it’s important that we remain competitive. Here is a fantastic article in the Financial Times by Peggy Hollinger, where it is explained how the aerospacce industry is seeking tax relief and other investment to ensure continued growth and success in the aerospace industry.

 

Paul Everitt, chief executive of ADS, the UK’s aerospace and defence industry body, warns that the growing ambitions of countries such as China to build global industries could erode Britain’s lead unless future governments committed to long-term support.

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