Business secretary says Hitachi move 'excellent news' for our region

Business secretary Vince Cable says Hitachi moving its global headquarters from Japan to London is great news for the North East, where the company's train building factory will be based.

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Hitachi moves HQ from Japan to UK

Hitachi has decided to move its global rail headquarters from Tokyo to London, after the firm won a £1.2 billion contract to build trains in Newton Aycliffe in County Durham.