Norfolk car manufacturer Lotus has expressed its dismay at missing out on £27.5m worth of funding through the Regional Growth Fund which it would have used to expand its production facilities and invest in R&D.
The famed British maker of the Elise and Espirit models said the money would have helped to create 1,200 jobs in a new production facility at its site at Hethel, near Norwich. It said it may apply again for a chunk of the £950m left in the £1.4bn fund. A statement from the company read:…
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