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The Independent UK
The Independent UK
Rhiannon James

Cap on liabilities for spacecraft launches would boost jobs and investment – MP

A space rocket at the International Astronautical Congress at the Scottish and Exhibition and Conference Centre in Glasgow (Danny Lawson/PA) - (PA Archive)

Britain’s space industry would receive a jobs and investment boost if a cap on liabilities for companies launching spacecraft is approved by Parliament, according to an MP.

Labour’s John Grady said current legislation is acting as a “deterrent” to investors, and a legal cap would protect companies from costs if an accident or damage to property occurred.

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