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UK Manufacturing

UK Manufacturing latest

Gov’t to invest $5.6 billion in UK manufacturing
November 19th, 2023 - 11:17 GMT

Gov’t to invest $5.6 billion in UK manufacturing

ALBAWABA – The government of the United Kingdom (UK) announced Friday they will be allocating $5.6 billion (£4.5 billion) to various UK manufacturing sectors, including cars and green industries, according to the Chancellor of the Exchequer Jeremy Hunt. The government will invest £2 billion ($2.43 billion) in the automotive industry, £960 million ($1.16 billion) in clean energy and £975 million ($1.18 billion) in aerospace, the treasury said late Friday in ...
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