Pounds 5m for City Boat Builder

Summary


A GOVERNMENT cash boost of Pounds 5 million has been hailed a "real filip" for a luxury-boat builder in Plymouth which was under threat of moving abroad, taking jobs with it.

MPs at Westminster heard the French owners of Princess Yachts International, had got as far as identifying an alternative site in Eastern Europe.

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Extract


Pounds 5m for City Boat Builder

But this week, as reported in The Herald, the company was among 13 successful South West bids to...

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