Ford has elaborated a complex UK business expansion plan: the company will invest $2.2 billion in its four UK sites over the next five years after obtaining a $550 million Government loan guarantee.
Earlier today, the UK’s Secretary of State for Business, Peter Mandelson, announced the $550 million supporting of the carmaker’s $688 million pounds application to the European Investment Bank (EIB) during a special ceremony, held at Ford’s Dagenham plant.
Ford had applied for the $688 million… (read more)