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Billionaire Brexit backer may ditch plan to build heir to Land Rover Defender at Bridgend, putting jobs at risk
Billionaire industrialist Sir Jim Ratcliffe may abandon plans to build car plants in Wales and Portugal in favour of buying an existing factory in France in a move which could put 1,000 new jobs at risk.
The Brexit-backing owner of Ineos has reportedly stalled work on the plants where the chemicals giant had planned to launch its car-making ambitions by building an heir to the Land Rover Defender, and may decide to scrap plans for the twin sites within weeks. Continue reading...