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BBCNEWS World Business Report June 4, 2024 04:38:00

to secure tata s uk car and steel investments, the total government carrot could hit £800 million, perhaps a price worth paying, according to industry experts. this would be a hugely significant investment, one of the biggest in decades, i think. it would create many jobs in battery assembly and the supply chain, but would also anchor jaguar land rover car production in the uk, so a really important boost for uk automotive. this site alone is not enough. the us and eu are offering hundreds of billions to lure the world s manufacturers, but it s hoped a deal to build here at the gravity site in somerset will attract others. simon jack, bbc news. let s speak to colin walker, transport analyst at the energy and climate intelligence unit here in the uk. as we were hearing in simon s reports, there, it looks like the uk has clinched this deal

GBP/USD rebounds from 7-week lows near 1 2330

Further strength in the greenback weighs on the risk complex and drags GBP/USD to revisit the area of multi-week lows near 1.2330 on Thursday. GBP/USD

Thailand car production dips 0 13% y/y in April - Business & Finance

BANGKOK: Car production in Thailand dropped 0.13% in April from a year earlier to 117,636 units as truck production.

BBCNEWS BBC News at Ten June 4, 2024 21:16:00

now, this site might not look like much right now, but this disused munitions factory is part of the promised land for uk car manufacturing. in the future, if you don t have a battery industry, you don t have a car industry, and the government has spent hundreds of millions of pounds persuading jaguar land rover s owner tata to base it here in somerset. to secure tata s uk car and steel investments, the total government carrot could hit £800 million, perhaps a price worth paying, according to industry experts. this would be a hugely significant investment, one of the biggest in decades, i think. it would create manyjobs in battery assembly and the supply chain, but would also anchor jaguar land rover car production in the uk, so a really important boost for uk automotive. this site alone is not enough. the us and eu are offering hundreds of billions to lure

BBCNEWS BBC News at Ten June 4, 2024 21:10:00

from asia and america. the global map of car production is being redrawn around where batteries are made, and the stakes for the future of the industry are high. simon, thanks again, simonjack there, our business editor. the duke and duchess of sussex have been involved in what s been described as a near catastrophic car chase involving numerous photographers following an awards ceremony in new york. according to harry and meghan s spokesperson, it was a relentless pursuit that lasted more than two hours and involved several near misses. new york police confirmed that paparazzi had made things challenging for the couple but said said there were no collisions, injuries or arrests. 0ur north america correspondent nada tawfik reports. tuesday night in manhattan, the duke and duchess of sussex are filmed leaving an awards ceremony in midtown with meghan markle s mother doria ragland before the incident in question.

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