Explained in plain English
UK's global aerospace standing
Britain's aerospace and defence industries are major global players, with exports making up 45% of their total turnover. This strong export performance helps to balance the UK's trade and brings in foreign currency. It also positions the UK as a key partner in international defence and space projects, enhancing its influence and security alliances on the world stage.
Stories that explain this
UK aerospace and defence added £46.8bn to economy last yearThis explainer came from a news story
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