Source · Select Committees · Business and Trade Committee
Recommendation 7
7
Accepted in Part
Publish the scale and scope of government support for the Jaguar Land Rover gigafactory.
Recommendation
Tata Group’s plans to build a gigafactory in the UK provide a much-needed boost to the UK’s gigafactory pipeline, especially after Britishvolt’s administration earlier this year. We congratulate the Department on its efforts to secure this investment, following close competition from other markets. However, we reiterate our preference that the scale and scope of support offered to Jaguar Land Rover should be in the public domain.
Government Response Summary
The government will publish subsidy details on the UK Subsidy Database. It is engaging with other companies but will not reveal commercially sensitive figures at this stage. Support for high-value investments is reviewed case-by-case.
Government Response
Accepted in Part
HM Government
Accepted in Part
A) We will publish details of the subsidy on the UK Subsidy Database in line with our statutory obligations in due course. B) We are engaging with a number of companies to secure investment into the UK, so it would not be appropriate to get into commercially sensitive figures at this stage. C) Government support for strategically important and high value investments is reviewed on a case-by-case basis. Assistance is subject to a stringent due diligence and independent assessment process to ensure clear value for the taxpayer.