To ask the President of the Board of Trade what is the amount of financial backing given to the aerospace industry in each year since 1979 at constant prices.
Financial support given to the aerospace industry by DTI for each year since 1979 in constant (1991–92) prices are as follows. The figures include launch aid', civil aircraft research and development, regional assistance, and other miscellaneous DTI schemes. Figures are calculated by using the GDP deflator whole economy in financial years published by HM Treasury (Autumn Statement).
| DTI support for Aerospace sector Constant prices for price levels in 1991–92 Real terms | |
| Financial year | £ million |
| 1979–80 | 278·2 |
| 1980–81 | 153·4 |
| 1981–82 | 256·6 |
| 1982–83 | 141·7 |
| 1983–84 | 174·7 |
| 1984–85 | 163–9 |
| 1985–86 | 176·6 |
| 1986–87 | 184·3 |
| 1987–88 | 71·3 |
| 1988–89 | 130·1 |
| 1989–90 | 143·6 |
| 1990–91 | 136·0 |
| 1991–92 | 37·1 |
| 1992–93 | 1—6·9 |
| 1 Launch Aid is repayable by levy payments on aircraft sales. Net Launch Aid figures for each year have been used (i.e. payments to companies minus levy receipts). For 1992–93 levy receipts exceeded payments. | |
To ask the President of the Board of Trade what is his estimate of the amount of money earned by aerospace exports in each year since 1979 at constant prices.
Aerospace exports—civil and military —in each year since 1979 in constant, 1985, prices are:
| Real exports | |
| Year | £ billion |
| 1979 | 4·0 |
| 1980 | 4·6 |
| 1981 | 3·2 |
| 1982 | 3·3 |
| 1983 | 3·3 |
| 1984 | 3·4 |
| 1985 | 3·8 |
| Year | £ billion |
| 1986 | 4·6 |
| 1987 | 4·7 |
| 1988 | 5·2 |
| 1989 | 7·1 |
| 1990 | 6·4 |
| 1991 | 6·3 |
| 1992 | 5·5 |
- Business Monitor MQ10 for 1992
- Business Monitor PAS 3640 for 1984–1991
- Business Monitor PQ 3640 for 1981–1983
- Business Monitor PQ 383 for 1979–1980