FORD COULD RECEIVE £37 MILLION TO BOOST JOBS
The UK headquarters of Ford could be in line to receive as much as £37 million in special funding which would allow the company to create a series of jobs to help with the manufacturer of new Ford vans and other vehicles.
It has been announced that the group's main site in Warley, Brentwood, will be considered for the East of England and London portion of the Regional Growth Fund that is being championed by the Deputy Prime Minister, Nick Clegg.
The exact amount of money that Ford are entitled to will be settled once they have submitted a formal bid to the Department of Business, Innovation and Skills.
Many Ford models, such as the Transit van, have ranked amongst the most popular of any automotive company in the UK for decades, and the awarding of this fund could mean that even more of these classic vehicles are to be produced in the future than had been expected.