ADS Group - "Introducing Our 2025 Priorities"
The campaign emphasizes the critical role of these sectors in achieving the UK's economic and strategic goals, noting that they account for 18% of all manufacturing Gross Value Added (GVA) and have seen a 50% growth over the past decade, underscoring their significance as drivers of economic growth.
A significant aspect of the campaign is its focus on the aerospace sector's potential, highlighting a record backlog of 15,818 aircraft orders, which could contribute £250 billion to the UK economy over the next decade if supply chain bottlenecks are resolved.
The campaign is directed towards policymakers, industry stakeholders, educational institutions, and financial entities involved in the aerospace, defence, security, and space sectors.
TARGET AUDIENCE
About the
Campaign -
The campaign emphasizes the critical role of these sectors in achieving the UK's economic and strategic goals, noting that they account for 18% of all manufacturing Gross Value Added (GVA) and have seen a 50% growth over the past decade, underscoring their significance as drivers of economic growth.
Core Theme of the Campaign -
1. Skills and Workforce Development: Addressing the shortage of skilled workers by reforming the Apprenticeship Levy for greater flexibility and enhancing STEM education to align with industry needs.
2. Access to Finance: Improving financial support mechanisms to facilitate investment in innovation and growth within these sectors.
3. Long-Term Certainty and Stability: Establishing a stable business environment to encourage sustained investment and strategic planning.
4. Regulatory Modernization: Updating regulations to keep pace with technological advancements and reduce barriers to innovation.
5. Supply Chain Resilience: Enhancing the resilience of supply chains to prevent bottlenecks and ensure the timely delivery of projects, especially in the aerospace sector.
6. Economic Contribution: Recognizing that these sectors collectively contributed £38.2 billion in value add to the UK economy in 2023, highlighting their importance.
7. Employment Growth: Noting that employment in these sectors has grown by 29% over the past decade, reflecting their role in job creation.
8. Global Competitiveness: Emphasizing the need to maintain and enhance the UK's competitive position in these industries on the global stage.