The UK will continue with its financial commitment to the Galileo project despite the lack of a proper cost-benefit analysis.
In November last year the Commons transport committee urged the government to reconsider committing further funding for the programme which has cost UK taxpayers £97m so far.
But the government says that a £14.2bn boost to the UK from extra jobs and company contracts for the work mean it will continue to support the scheme – though it will still retain the possibility of opting out later.
The project could still cost the UK taxpayer a further £1.5bn depending on the confirmation of certain final costs, the transport committee said in November.
But the government said it had agreed a spending ceiling with the European Commission that meant costs would not rise above £500m before 2013.
Formula 1 team uses a virtual private network to exchange strategic data with its UK factory 02 Jul 2008Advertising Marketplace
- Enterprise Accounting Solutions
- Business Intelligence Solutions
- Enterprise Content Management (ECM)
- Supply Chain Management
- Enterprise Resource Planning (ERP)
- Project Management Solutions
- Customer Relationship Management (CRM)
- Security Solutions
- Systems Management
- Networking and Communications Solutions






