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UK leadership of the international space race isn’t entirely out-of-this-world

Who says the sky has to be the limit? Britain’s space industry has ambitions to become a global leader. The sector’s new growth plan, announced this week, includes establishing a British spaceport within five years. It wants our 6.5 per cent share of the global space market in 2010 to be 8 per cent by 2020. The latter would mean an annual turnover of £19bn in today’s terms, rising to 10 per cent of the anticipated £400bn market by 2030, creating 100,000 new jobs. Continue reading

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