Chancellor Jeremy Hunt announces £360m funding for UK manufacturing in life sciences, automotive, and aerospace sectors.
Chancellor Jeremy Hunt announced £360m funding to support UK manufacturing, with investments in life sciences, automotive, and aerospace sectors. This funding aims to make the UK a global leader in manufacturing and secure highly skilled jobs for the future. The funding package includes £92m joint government and industry investment for life-saving medicines and diagnostics products, £200m for zero-carbon aircraft technology, and £73m for automotive technology.
March 03, 2024
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