For so long, interventions from the UK government into the automotive industry have been scattergun, but suddenly it seems like there’s some kind of strategy to hold everything together.
It started with the chancellor’s £2 billion-plus commitment to support zero-emissions investment in the automotive sector over the next five years, as part of a wider £4.5bn package to support green manufacturing in the UK.
Such numbers should always be taken with a degree of caution, lest for any double-counting on money already committed.