UK subsea cable factory gets £87m boost from infrastructure bank
Firth of Clyde (Image: Getty) The UK Infrastructure Bank (UKIB) has earmarked a hefty £87m for the development of a new subsea cable factory in the Scottish town of Hunterston. The funding is set to be granted to XLCC, an Essex-based cable manufacturer. The state-owned development bank, UKIB, has committed to an initial investment of … Read more