Bristol’s Airbus site gets £38m funding from George Osborne

airbus-logoAerospace group Airbus is to build an industry-leading £38m wing testing centre at its giant Filton, Bristol, plant, it said recently in an announcement timed to coincide with a visit by Chancellor George Osborne.

Some £18.6m of the investment in the new wing integration centre at Filton will come from a Government scheme to boost the UK aerospace sector – a move Mr Osborne stressed demonstrated the Government’s commitment to British manufacturing.

The centre, which will open next year, will feature the latest stress-testing technology to speed up and improve structural testing of Airbus aircraft wings, fuel systems and landing gear.

Airbus also said the centre will employ around 300 highly skilled engineers, although no new jobs will be created.

Mr Osborne said: “When it comes to aerospace design, Britain is the innovator of Europe and I want to see us going even further and becoming the global leader. That is why, with Airbus, we are committing £38m for a new cutting edge research facility right here in the heart of the South West.

Mr Osborne’s visit to the plant came as the latest GDP figures revealed the UK economy grew by 0.5% during the final three months of 2015.

Speaking at Airbus, the Chancellor said: “These GDP numbers show the British economy continues to grow steadily and despite turbulence in the world economy Britain is pushing ahead.”