1st February 2013
The Government has announced that Airbus is soon to receive £1.4million investment from its Regional Growth Fund, leading to the creation of 200 jobs in Filton. The funding will be used for a training programme designed to grow Britain’s world-leading engineering capabilities.
The Regional Growth Fund is designed to create economic growth and employment by levering private sector investment. This training programme has received over £5 million from private sector investors.
I am delighted that Airbus has been awarded these funds. This will bring a much needed boost to our local economy through the creation of 200 jobs in the South West.
It is also great news for young people, who will have the opportunity to undertake apprenticeships as part of the training programme. I hope this will encourage more young people in the South West to choose a career in engineering.
In today’s globally competitive environment, this is exactly the kind of investment that the UK economy needs.