{"id":132819,"date":"2023-05-24T14:38:58","date_gmt":"2023-05-24T14:38:58","guid":{"rendered":"https:\/\/fin2me.com\/?p=132819"},"modified":"2023-05-24T14:38:58","modified_gmt":"2023-05-24T14:38:58","slug":"boom-for-brexit-britain-after-spain-snubbed-over-jaguar-land-rover-gigafactory","status":"publish","type":"post","link":"https:\/\/fin2me.com\/politics\/boom-for-brexit-britain-after-spain-snubbed-over-jaguar-land-rover-gigafactory\/","title":{"rendered":"Boom for Brexit Britain after Spain snubbed over Jaguar Land Rover gigafactory"},"content":{"rendered":"
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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.<\/p>\n
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.<\/p>\n
The boss of Jaguar Land Rover’s owner, Tata, is said to be flying to London next week to finalise the deal.<\/p>\n
The company’s chairman is scheduled to meet Prime Minister Rishi Sunak next week.<\/p>\n
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Jaguar Land Rover was considering setting up an alternate site in Spain.<\/p>\n
The upcoming decision to choose Somerset will be seen as a major achievement for post-Brexit Britain.<\/p>\n
The factory would be located at the Gravity business park, a 635-acre “smart campus” currently under construction in Puriton, Somerset. <\/p>\n
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.<\/p>\n
Up to 40,000 jobs are expected to be created when indirect employment is included.<\/p>\n