The government has taken decisive action to ensure battery manufacturers, auto firms and SMEs rooted in communities across Britain benefit from major financial support – keeping the country a leading hub for business, investment, and jobs in a volatile global environment.

Thanks to the UK’s Modern Industrial Strategy, 4,200 jobs have been secured following over £700 million of investment in the advanced manufacturing sector – showing that the government is supporting the industries of the future by helping to create a resilient economy that will boost growth and raise living standards for working people. 

Business Secretary Peter Kyle announced the measures in a visit to Agratas in Somerset today [9 April], where a £380…