Announcement comes hours after Sainsbury’s says it will cut 3,000 jobs and close cafes following warning of Budget blow
New £9bn deal nuclear submarines deal will create 1,000 jobs, ministers say as Reeves scrambles for growth
Ministers have announced a new multi-billion pound deal for nuclear submarines they say will create 1,000 jobs and support 4,000 more, as Rachel Reeves scrambles to boost economic growth.
The agreement with Rolls-Royce to support the Royal Navy fleet, dubbed “Unity”, will also aid national security, the government said, days after the UK warned Russia ‘we see you’ as the Royal Navy tracked a Russian spy ship in the English Channel.
Defence secretary John Healey said the investment would “deliver a long-term boost” to British business and jobs.
New £9bn deal nuclear submarines deal will create 1,000 jobs, ministers say as Reeves scrambles for growth