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Budget 2010: Manufacturers boosted by technology incentives

24th March 2010

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Guzelian

GREEN technology incentives are likely to offer manufacturers major opportunities for growth in the mid-term.

In his speech, the Chancellor announced £60m would be set aside for infrastructure development to meet the needs of offshore wind turbine manufacturers looking to locate new facilities in the UK.

The Budget also announced the Government’s intention to create a Green Investment Bank, which will be supported by up to £1bn from the sale of infrastructure-related assets.

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