The government has announced £4.5 billion in funding for British manufacturing to increase investment in eight sectors across the UK. The funding, confirmed by the Treasury on Friday evening (17 November), and which will be distributed from 2025, is intended to boost investment in these sectors, is considered to be crucial to the UK’s economic growth, levelling up agenda, and transition to net zero. The investment will be focused on four key areas, over £2 billion has been earmarked for the automotive industry, £975 million for aerospace, supporting the manufacturing, supply chain and development of zero emission vehicles, and investment…
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