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Headlines

UK government, industry to invest over 1.1 billion pounds in maritime sector

Published by Global Banking and Finance Review

Posted on September 14, 2025

Featured image for article about Headlines

(Reuters) -Coastal communities across the UK are set to benefit from over 1.1 billion pounds ($1.5 billion) in joint government and industry investment for the maritime sector, the UK government said on Monday.

The investment will unlock growth and jobs, including in the engineering, green technology and construction sectors, the government said.

($1 = 0.7379 pounds)

(Reporting by Rhea Rose Abraham in Bengaluru; Editing by Tom Hogue)