The U.K. government is proposing an initiative aimed at encouraging and supporting U.K. manufacturing as being central to Britain's future prosperity.
David Smith, CEO of Jaguar Land Rover, said this: "Jaguar Land Rover is striving to sustain and grow its manufacturing and R&D operations in the U.K., but clearly global competition continues to intensify and we have faced considerable pressures from rising energy and commodity prices ... We therefore support actions that underpin U.K. manufacturing investment and productivity during this difficult period, including the development of trade opportunities with low cost supply chains and actions to support economic growth and reduce input and financing costs."
Translation: We want to be able to bring in cheap parts from foreign countries.
