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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 ....

The Uk , Industry Experts , Price Worth , 00 Million , 800 Million , Jaguar Land Rover , Car Production , Supply Chain , Battery Assembly , Bbc News , On America , Gravity Site , Offering Hundreds , Simon Jack , Colin Walker ,

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 ....

Car Industry , Battery Industry , Car Manufacturing , Jaguar Land Rover , 800 Million , 00 Million , Industry Experts , Price Worth , Battery Assembly , Car Production , Supply Chain , North America , Offering Hundreds ,