Chancellor says UK decided to compete for inexperienced funding as battery announcement awaited
Britain is set to compete within the international race for inexperienced funding, the chancellor has instructed Sky News, days earlier than the anticipated announcement that Jaguar Land Rover proprietor Tata will construct a serious new battery manufacturing facility within the nation.Jeremy Hunt stated that he was ready to deploy subsidy cash from the federal government's £1bn warfare chest to assist help these huge inexperienced tasks, regardless of warning solely final month in regards to the risks of latest subsidies.
It got here as he unveiled a bunch of latest measures, price a mixed £650m, designed to assist encourage the life sciences and prescribed drugs sector within the UK.The Tata chairman is because of go to Downing Street subsequent week to verify that the Indi...










