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Evening Standard
Evening Standard
Anna Wise

JCB ‘backs Britain’ with £100m factory investment despite tax and tariff fears

The British manufacturer said the new funding showed its commitment to being based in the UK, despite it currently expanding in the US (Jacob King/PA) - (PA Archive)

JCB has unveiled plans to plug £100 million into modernising its Staffordshire head office, as its boss said the firm was “backing Britain” despite concerns about future tax rises and steel tariffs.

The British maker of equipment including tractors and machinery said the new funding showed its commitment to being based in the UK, despite it currently expanding in the US.

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