'You can't win every investment,' says Reeves - as company axes plans to build plant in UK

Our economics and data editor, Ed Conway, exclusively revealed this morning that Pensana has axed plans to build the site on the banks of the Humber in Hull.

Friday 17 October 2025 09:55, UK

Please use Chrome browser for a more accessible video player

The chancellor has pushed back following the decision by a major company to axe plans to build a £250m rare earths plant in the UK.
Why you can trust Paste BN

Watch Next