Image: © Eduard Marmet

Theresa May promises British investment into aerospace post-Brexit

It's going to be a fun day out looking at planes and spacecrafts for the PM

Theresa May gets to go to what sounds like a seriously awesome aerospace show today. Sadly for her, while everyone else gets to gawp at incredible space toys, she'll be talking about British investment.

What it means: The aerospace industry employs a million people in the UK. They also rely heavily on cross-border trade for components of their machines.

Airbus said recently they'd consider pulling out of the UK if the Brexit deal didn't let them make those trades as easily as they needed to.

Ironically, the same White Paper that's led to chaos in Parliament for being too similar to staying in the EU for Leavers' liking has been fairly popular with businesses like Airbus, who have tentatively endorsed Theresa May's approach.

But because the EU deal is so unpredictable at the moment, it's the government's job to prove to the industry that the UK will continue to invest in it no matter what happens.

Which is why today, May gets to go to the biggest aerospace event in the world, called the Farnborough Airshow, and talk about Britain's plan to open new spaceports in Cornwall and Scotland, and build a new British high-tech fighter aircraft to replace the Eurofighter Typhoon. There aren't many days we wish we were the British PM, but this might be one of them.

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