Skip to content
Search

Latest Stories

Submit Guest Post

Jaguar to pick UK over Spain for battery plant: Report

Tata Motors boss is expected to fly into Britain next week to finalise the deal

Tata Motors, the Indian owner of carmaker Jaguar Land Rover, is set to select Britain over Spain to for a giant battery plant employing up to 9,000 people, the BBC reported Wednesday (24).

The broadcaster, citing sources familiar with the matter, added that the boss of Tata Motors was expected to fly into Britain next week to finalise the deal and meet with Prime Minister Rishi Sunak.

The factory will be built in Somerset, southwest England, after the site beat off competition from Spain, according to the report.

The deal has not yet been signed but preparations are underway over how to present the agreement, the sources told the BBC.

The UK government did not respond to a request for comment.

The Financial Times newspaper had reported earlier this year that Tata had requested £500 million from London to help it build the plant in Somerset.

Environmental campaign group Greenpeace welcomed Wednesday's report.

"Securing this gigafactory was critical to ensuring the UK even has a car manufacturing sector going forward," said Greenpeace UK policy director Doug Parr.

"But the thousands of jobs it will create demonstrates the huge advantages that come with investing in home-grown green tech."

Britain plans to ban the sale of new high-polluting diesel and petrol cars from 2030, forcing its car manufacturing sector to switch production to electric vehicles.

That target is part of its long-standing goal to achieve net zero carbon emissions by 2050 in order to help tackle climate change.

(AFP)

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

British taxes

Public pressure is growing for technology giants to contribute more to UK tax revenues

iStock

Most Britons want Big Tech to pay more tax, survey finds

  • 67 per cent of Britons support higher digital services taxes on major tech firms.
  • The UK's digital services tax generated around £800 million in 2024-25.
  • Three in four people say they would rather work for or buy from companies that pay their fair share of tax.

A majority of Britons believe global technology companies such as Meta, Google and Amazon should pay more tax in the UK, according to new research that suggests public support remains firmly behind tougher taxation of large digital firms.

The findings come as the future of the UK's digital services tax continues to attract political and international attention. A survey released by the Fair Tax Foundation found that 67 per cent of respondents want the government to increase taxes on multinational technology companies to boost their overall tax contribution in Britain.

Keep ReadingShow less