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Lotus to Slash Jobs in Norfolk After Government Denies Funding
After losing out on £27.5 million of government aid, the British sportscar manufacturer Lotus announced that it is planning to slash up to 99 jobs in its Norfolk plant. The company also added that it is accepting applications for voluntary redundancy. The British automaker recently failed to obtain funding from the UK Government’s Regional Growth Fund (RGF) in order to manufacture their new vehicles. Consequently, vehicles such as the Esprit might be b...