US-based automotive giant Ford will invest up to £230m in its Halewood factory to produce electric power units for the European market.
Shevaun Haviland, director-general of the British Chambers of Commerce, tells Courtney Fingar how companies in the UK are negotiating the twin challenges of Brexit and Covid-19.
The UK is raising taxes to drive green growth and level up the country. Instead, says Harry Braund of the UK Shareholders Association, it should use sovereign wealth investment to fill this gap.
As the UK suffers from the effects of both Covid-19 and Brexit, increasing trade links with India offer some light on the horizon, according to JPIN VCATS's Nayan Gala.
The UK manufacturing sector is still struggling with Brexit and Covid-19, making the government's £53m injection a welcome move. More is needed, however.
When the UK government's subsidy towards Nissan's £1bn electric vehicle hub in Sunderland was announced, critics claimed it was a sign of post-Brexit weakness. This is not the case.
Talent and public funding in the UK are too skewed towards London, meaning the capital attracts outsized flows of foreign investment.
A much-needed 'levelling up' of the poorest parts of the UK with the richest formed a key part of Boris Johnson's 2019 election win, but little tangible action has been taken thus far.