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25 Feb. 2016 - 01:14:34

Sports cars and jets fuelling new UK jobs boom as Aston Martin, McLaren and Airbus all announce a ramp up in production

Even if you have a lot of other priorities for instance, sports, extracurricular activities, etc., still you need to complete a senior project to graduate successfully

ByLaura Chesters For The Daily Mail

Published: 16:58 EST, 24 February 2016 | Updated: 16:58 EST, 24 February 2016

Britain received a jobs boost as Aston Martin, McLaren and Airbus all announced a ramp up in production across the UK.

James Bonds car maker Aston Martin has chosen St Athan in South Wales for a new factory to build its DBX model, snubbing overseas markets.

It expects to create up to 1,000 new jobs in St Athan and its Gaydon headquarters in Warwickshire. The 200million investment by the 103-year firm could also create 3,000 posts in the supply chain.

High roller: Aston Martin has chosen St Athan in South Wales for a new factory to build its DBX model

Welsh First Minister Carwyn Jones said the region had been working for almost two years in the face of fierce competition from across the world to secure the factory.



He added: Our success is testament to the reputation, dedication and skills of the Welsh workforce.



The deal will mean cars rolling off a production line in Wales for the first time in almost 50 years.

Meanwhile, sports car maker McLaren is preparing to launch the 570GT which will cost 154,000. It promises to sell at least 3,000 cars this year and it is adding a second shift at its factory in Woking, Surrey, to double daily production to about 20 cars.

Figures released by the Society of Motor Manufacturers and Traders revealed UK car production rose 8 per cent last month to 137,552 vehicles as strong overseas demand helped exports jump 9.7 per cent.

There was slower growth in the home market, with production for UK buyers up 2.5 per cent.

In the aerospace sector, French giant Airbus made a U-turn on plans to cut production of its A330 aircraft yesterday.

The aircraft-maker employs around 15,000 in the UK across facilities in Filton, near Bristol, and Broughton, North Wales.



It will now build seven A330 wide-body jets per month from 2017. It had planned to cut output to six from ten a month to prepare for its new A350 jetliner and an A330 upgrade.

However the cut will now not be so drastic. The update from Airbus came as it reported annual revenues up 6 per cent to 46.3billion as profits rose 2 per cent to 2.9billion.



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