Jeremy Hunt to unveil funding to make UK ‘a world leader’ in manufacturing
by Helen William
Mar 04, 2024
2 minutes
Chancellor Jeremy Hunt is to announce funding ahead of the Budget aimed at helping to make the UK “a world leader in manufacturing”.
The package, said to be worth £360 million, is for research and development (R&D) and manufacturing projects across the life sciences, automotive and aerospace sectors.
It includes £92 million joint and industry investment to expand facilities to make
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