Germany outbids UK with Roll-Royce plant aid
Aerospace giant Rolls-Royce has snubbed Government support to help it build a test centre in the UK after being offered £10m (€14.3m) to launch the new facility in Germany, it emerged today.
The aircraft engine maker turned down a multi-million pound Government support package to build the new site in its hometown of Derby after Germany pledged a more generous handout.
It is understood the German offer was about £3m (€4.2m) more than that tabled in the UK.
The news comes as a blow to the UK, with the Government hoping to secure high-end research projects on these shores.
Derby will also miss out on about 95 new jobs that are set to be created by the new facility, which will instead be built in the state of Brandenburg in Germany.