Chancellor says UK determined to compete for green investment as battery announcement awaited

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Britain is determined to compete in the global race for green investment, Chancellor Jeremy Hunt has told Sky News

, which will serve its car business in the UK, as well as Europe.

The competition between the nations was hotly fought, and the Tata package is understood to be worth around £500m, including support on a range of matters, most notably energy costs."But what I can say is that we understand - the and I - that we're in a global race to attract investment, and we will always do what it takes to make sure the UK remains competitive.""We know that other countries are supporting companies who make these investments."It's obviously good for the UK - not just to create these jobs, but also to transition to net zero - and the transition to electric cars is a very important part of that.

 

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