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Industry Needs Transition Agreement in Early 2018
Industry Needs Transition Agreement in Early 2018
Confirmation that talks can start on transition and our future relationship with the EU is welcome progress, and industry now needs to see urgent agreement reached on transition arrangements.
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Welsh Government publishes Economic Action Plan
Welsh Government publishes Economic Action Plan
The Welsh Government today published its "Prosperity for All" economic action plan, setting out a strategy to grow the Welsh economy and reduce inequality. ADS Chief Executive Paul Everitt said: "We welcome today’s publication of the Welsh Government’s economic action plan and especially the priority given to high value manufacturing."
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ADS Welcomes Agreement to Start 2nd Phase of Brexit Negotiations
ADS Welcomes Agreement to Start 2nd Phase of Brexit Negotiations
This morning’s announcement that sufficient progress has been made for the next phase of Brexit negotiations to start will be welcomed by industry. However, agreement on a transition period of at least two years must be reached as soon as possible.
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ADS Welcomes Airbus Nacelles Deal with Bombardier
ADS Welcomes Airbus Nacelles Deal with Bombardier
Bombardier announced today that it has been selected by Airbus as a supplier on a new engine nacelle programme for the A320neo family of aircraft. ADS Chief Executive Paul Everitt said: "Today’s announcement is welcome news for Bombardier’s factory in Belfast."
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Contribution of BAE Systems to the UK Economy
Contribution of BAE Systems to the UK Economy
This week, BAE Systems has released a report with Oxford Economics on its contribution to the UK economy. ADS Chief Executive Paul Everitt welcomed this report.
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ADS and Unite in Joint Call for Brexit Certainty
ADS and Unite in Joint Call for Brexit Certainty
ADS and Britain’s largest union, Unite, joined together today, to call for a ‘just’ settlement to Brexit negotiations that maintains cross-border partnerships and trade, while protecting investment decisions and high quality jobs.
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Supply Chains Must Be Industrial Strategy Priority
Supply Chains Must Be Industrial Strategy Priority
Aerospace has been a trailblazer for industrial strategy in the UK, and today’s industrial strategy proposals are a welcome commitment from the Government to helping industry weather Brexit headwinds – but immediate support for UK supply chains should be a priority.
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Accelerating Aircraft Production Delivers £2bn Boost
Accelerating Aircraft Production Delivers £2bn Boost
Deliveries of 87 single aisle and 33 widebody aircraft in October set a new record for the month and took year-to-date deliveries to a total of 1138. These deliveries are worth up to £2.4bn to UK industry.
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Budget: Industry Awaits Decisive Action to Boost Productivity
Budget: Industry Awaits Decisive Action to Boost Productivity
ADS welcomed specific measures announced by Chancellor Philip Hammond on R&D tax credits and business rates. However, Office for Budget Responsibility forecasts for productivity growth have been revised down, highlighting the urgent need for decisive measures to support supply chain productivity growth.
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Dubai Airshow Orders £9bn Boost to UK Aerospace
Dubai Airshow Orders £9bn Boost to UK Aerospace
Aerospace manufacturers have enjoyed a strong week of orders for new aircraft at the Dubai Airshow 2017, promising a multi-billion pound boost to UK industry. Orders announced this week by Airbus, Bombardier and Boeing reached an estimated £9bn value to UK industry.
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£1bn Supply Chain Fund to Solve Productivity Challenge
£1bn Supply Chain Fund to Solve Productivity Challenge
A Government commitment of £345m in the November Budget would secure private sector investment of more than £600m for initiatives supporting supply chain companies in the aerospace, defence, automotive, rail and civil nuclear sectors. High value industries like aerospace and defence can boost prosperity throughout the UK in the years ahead.
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Paul Everitt Welcomes Appointment of New Defence Secretary
Paul Everitt Welcomes Appointment of New Defence Secretary
The Government has today announce the appointment of Gavin Williamson as Secretary of State for Defence. ADS welcomes his appointment and looks forward to working with him.
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Aircraft Production Beats Brexit Blues to Hit Q3 Record
Aircraft Production Beats Brexit Blues to Hit Q3 Record
Aircraft production hit a Q3 record, with 354 deliveries, worth up to £7bn to UK industry. A total of 1,018 have now been delivered this year, just nine behind 2016's record at the same point in the year.
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Reaction to NAO report on non-competitive procurement
Reaction to NAO report on non-competitive procurement
The National Audit Office has today published its report "Improving value for money in non-competitive procurement of defence equipment". ADS wants to see a more collaborative approach to procurement from Government in future.
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ADS Reaction to European Council Announcement on Trade Talks
ADS Reaction to European Council Announcement on Trade Talks
Reacting to the European Council’s agreement to start preparations for trade talks between the EU and the UK, ADS said progress towards the second phase of negotiations was welcome. However, businesses need to be given certainty as soon as possible on important issues, including the transition arrangements.
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