BRITAIN is serious about its threat to withdraw support for Europe's new satellite navigation system, Theresa May insisted today, as she warned the EU not to try to shut the UK out of key discussions.
The Government confirmed plans for the UK to prepare to develop our own sat nav system as an alternative to the European Union's own £9billion Galileo programme - meant to rival America's Global Positioning System - to which the UK has already contributed about £1billion.
Brussels has started to exclude Britain and UK companies from sensitive future contracts on the project ahead of Brexit, and has said that Britain will be able to continue to use Galileo's open signal but its military could be denied access to the encrypted version.
A previous review estimated that a failure of navigation satellite service could cost the UK economy £1billion a day, because of the critical role it plays in infrastructure including defence, emergency, business and air traffic control.
The Government confirmed yesterday it would invest £92million from its £3billion "Brexit readiness fund" to explore designing and developing a potential UK programme over 18 months.