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Re: Britain outside the EU
Excellent news.
https://www.bbc.co.uk/news/business-65698529
Quote:
Jaguar Land Rover-owner to pick UK over Spain for giant car battery plant
The UK is set to win a battle with Spain to host a multi-billion-pound electric car battery plant in Somerset, the BBC understands
The boss of Jaguar Land Rover-owner Tata is expected to fly to London next week to finalise the deal.
Some in the car industry have described the plant as the most significant investment in UK automotive since Nissan came to Britain in the 1980s.
Tata's chairman is scheduled to meet the prime minister mid-next week.
Sources familiar with the matter say that although the deal has yet to be signed, engagement has moved from negotiations to drafting and choreography of how the landmark agreement will be presented.
Up to 9,000 jobs would be created at the Bridgwater site, close to the M5.
The UK government has acknowledged the urgent need for electric vehicle battery manufacturing in the UK to secure the future of the car industry.
The country's automotive sector employs up to 800,000 people directly and in the supply chain.
When pressed on the subject last week, Chancellor Jeremy Hunt told the BBC to "watch this space".
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