Boom for Brexit Britain after Spain snubbed over Jaguar Land Rover gigafactory
The UK is braced to win a post-Brexit battle with Spain, as Jaguar Land Rover is finalising plans to host a multi-billion-pound electric car battery plant in Somerset.
Britain was battling it out with the European nation to host the plant, which has been described as the most significant investment in the UK automotive industry since the 1980s.
The boss of Jaguar Land Rover’s owner, Tata, is said to be flying to London next week to finalise the deal.
The company’s chairman is scheduled to meet Prime Minister Rishi Sunak next week.
Jaguar Land Rover was considering setting up an alternate site in Spain.
The upcoming decision to choose Somerset will be seen as a major achievement for post-Brexit Britain.
The factory would be located at the Gravity business park, a 635-acre “smart campus” currently under construction in Puriton, Somerset.
The high-tech factory is expected to be the largest single building in the UK and could bring as many as 9,000 direct jobs.
Up to 40,000 jobs are expected to be created when indirect employment is included.
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