Lotus fails to secure Government investment

The new Lotus Esprit could be built overseas, after it was revealed that the sports car maker has been declined investment from the Government’s £1.4 billion strong Regional Growth Fund (RGF).In January, Lotus applied for a £27.5 million loan to build a new production plant at its base in Hethel, Norfolk, which would have created 1200 jobs. The money was requested to help Lotus build its new