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Global Trade Alert

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United Kingdom (Scotland): Scotland provides funding for a cable manufacturing facility

Description

On 23 February 2024, Scottish authorities announced providing a funding package worth GBP 24.5 million (USD 31 million) to Sumitomo Electric UK Power Cables Ltd to support their investment in a cable ...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Feb 2024

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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