Request Received: 16 December 2025
All recorded information held by UKRI / Innovate UK relating to grants, loans and fiscal support and assistance provided directly and indirectly to Rolls-Royce PLC or its affiliated entities for aerospace-related activities (including for research and development, testing, manufacturing, or export-related support). In particular, information concerning subsidies or any support related to the Rolls-Royce UltraFan programme.
Time Period: 1 May 2021 – Present
CATEGORIES OF SUPPORT REQUESTED
• Aerospace Technology Institute (ATI) Programme grants under the Industrial Strategy
• Innovate UK grant awards for civil aerospace projects
• Co-funded R&D projects under the Aerospace Growth Partnership
• Any other direct or indirect financial assistance or incentives granted to Rolls-Royce PLC or its affiliated entities for aerospace-related activities
SPECIFIC DOCUMENTS REQUESTED
1. Approval/Award Documentation
• Ministerial decision letters or authority board approvals
• Grant offer letters or guarantee commitment documents
• Signed funding agreements or contracts
2. Subsidy Control Act Compliance
• Subsidy Control Act 2022 assessment (Sections 52–58) if conducted
• Economic rationale and public policy objective statements
• Proportionality and necessity analysis
3. Financial Details
• Total committed amount
• Amount disbursed to date
• Valuation methodology for support
Clarification Received: 10 February 2026
Thank you for your email, and for the opportunity to provide clarifications.
1. Question 3.3: Valuation methodology for support
By ‘valuation methodology for support,’ we are seeking only recorded project-specific information explaining how the Department quantified the financial contribution or benefit associated with the relevant measure(s) of support to Rolls-Royce plc (or the relevant beneficiary entity).
This includes:
i. Any documentation setting out how the nominal amount of the grant, loan, guarantee, tax measure or other financial assistance was determined (for example, business cases, internal submissions, or value-for-money analyses), including any use of discount rates, expected loss modelling, or other relevant quantification methods.
ii. Any recorded comparison with market terms (e.g. interest rates, guarantee premia, collateral, expected return on investment), insofar as such analysis was used to assess whether the measure conferred an economic advantage.
iii. For guarantees or contingent instruments, any methodology used to estimate maximum exposure, probability of default, or expected loss.
iv. For tax measures, any methodology used to estimate the value of tax foregone.
We are requesting project-level documentation that shows how the value of the support was calculated and assessed in relation to the measure(s) in scope.
2. Affiliated Entities
In addition to Rolls-Royce plc, we request searches for:
i. Rolls-Royce Holdings plc
ii. Rolls-Royce Civil Aerospace Limited
iii. Rolls-Royce Deutschland Ltd & Co KG
iv. Rolls-Royce North America Inc.
If support was granted to a specific special purpose vehicle (SPV) or subsidiary for a defined project, we would be grateful if searches could also capture that entity, insofar as it formed part of the same support measure.
