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News / Stephen Fitzpatrick reacts to the 2024 Spring Budget

Wednesday 6th March 2024

To continue the UK’s long history of manufacturing and engineering innovation, governments and business need to pull in the same direction. While the Chancellor’s commitments to aerospace in the budget are welcomed, collectively we need to go further.

There’s an opportunity to unlock funding for innovative scale-up companies so that they are not only researched and developed here, but manufactured and stay. We also need to shout louder about our successes, and learn from the optimism of Silicon Valley – it is infectious and breeds success.

This country has all the ingredients to develop the technologies that will define how we live, work and travel in the future. It’s why I chose Bristol, the epicentre of global aviation, to base Vertical Aerospace. As a team, we are developing the greatest aviation innovation since Concorde was built here.

 

Stephen Fitzpatrick, CEO

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