Earlier today, the Prime Minister unveiled over £29 billion of new investment in the UK economy. This investment, which is triple the sum raised at the last Global Investment Summit, will support the creation of around 12,000 new jobs and driving economic growth.
This investment follows the Government's announcement of an 'Advanced Manufacturing Plan' backed by £4.5 billion of investment, helping the UK to recently overtake France and become the world's eighth largest manufacturing economy.
Commenting, Alec said, "This new investment is a huge vote of confidence in the UK economy and will help us continue to meet our commitment to growth. I'm pleased that these funds will provide thousands of jobs across the country, and that the Government's plan for manufacturing will disproportionately benefit Yorkshire".