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Space Technology: Trade Competitiveness

Asked by James McMurdockIndependentDepartment for Business, Innovation, Science and TradeTabled Answered 8 September 2026UIN 25568

The question

To ask the Secretary of State for Business, Innovation, Science and Trade, what recent comparative assessment he has made of the competitiveness of the UK's space sector relative to other G7 countries.

Answered by Department for Business, Innovation, Science and Trade

The Department regularly analyses the UK's position in the global space sector, drawing on commercial data covering a range of nations, including G7 economies. The latest publicly available shows that the UK is top European country by investment secured since 2014. The UK captures 5% of the global space market.

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