The Independent

Kemi Badenoch unveils £4.5bn funding plan for British manufacturing

Source: PA Wire

A multibillion-pound funding package for key manufacturing sectors will drive growth and boost investment in the UK, ministers have said.

Business Secretary Kemi Badenoch said the UK would not be drawn into a “distortive subsidy battle” as the Government set out its plan to boost key sectors and nurture a “globally competitive” battery supply chain over the next decade.

Car makers, aerospace companies and clean energy firms Plan.

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