Chancellor calls Rolls-Royce £19 million investment in Rotherham "vote of confidence"
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Senior Reporter Rotherham is set to benefit from a new £19 million investment as British car manufacturers Rolls-Royce are set to expand their local facility. The huge funding boost is set to expand productivity at the existing turbine casting facility in Catcliffe's Advanced Manufacturing Park (AMP). It comes as part of a £300 million investment package from the British manufacturer into their facilities across the country. Chancellor of the Exchequer John Healey has said that the investment shows that "confidence in our country is growing" as he took to the stage a the national Labour Party conference to set out his plans for a "new age of industrialisation." "This £300 million investment by Rolls-Royce is a powerful vote of confidence in Britain 's future and in the economic stability this Government is delivering," the Rawmarsh and Conisbrough MP added. "From Derby and Bristol to Rotherham, Glasgow and Warwickshire, it will back skilled jobs, strengthen our sovereign industrial capability, and help drive growth in communities across the United Kingdom. "At a time of increasing global competition, Britain must be the best place in the world to invest, innovate and build. Today's announcement shows that confidence in our country is growing and that world-leading British firms are investing for the future." Rolls-Royce's investment in Rotherham will be backed by a further...
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