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The future of electric vehicle production in the UK is under threat unless the Government reworks the Brexit deal, Vauxhall parent Stellantis has warned.
Stellantis has warned it won’t be able to keep its commitment to building electric vehicles in the UK without changes to the Brexit deal.
US financial giant is making the decision to cater for its European market.
In a statement, the company said: "We are now relocated in Europe." / “Sadly, due to Brexit and UK lockdown restrictions, we had to leave England to allow our business to survive and grow.”
As small businesses crumble, shelves get emptier and the care-worker shortage intensifies, life outside the EU is having a dire effect on many of us. Why aren’t politicians talking about it?
Sony will move its European headquarters from the UK to the Netherlands to avoid disruptions caused by Brexit. The company said the move would help it avoid customs issues tied to Britain's exit from the EU.
“Through 2019, 140 companies opted to move to the Netherlands and we were talking to 250 companies, but that has now increased to nearly 500.”
It was billed as the rebirth of British business — a chance to build a brighter commercial future, free of costly bureaucracy. But Brexit is proving far from profitable for many UK small and medium-sized enterprises (SMEs).
For Britain's small and medium-sized businesses, trading with European nations used to be easy. After Brexit, that's no longer the case with the emergence of obstacles that didn't exist before.
Up to £9.5bn-worth of UK exports to the EU between January and July have had tariffs placed on them despite “tariff-free” trade deal, analysis for Channel 4’s Dispatches shows.
Japanese drugmaker Shionogi will transfer its European headquarters from the UK to the Netherlands as a consequence of the Brexit, according to the Financial Times.
A Sheffield supplements firm has spent £500,000 on a new base in the Netherlands to ensure it remains profitable ‘despite the challenges of Brexit’.
One of Sheffield’s best known climbing brands has set up in Holland to avoid damage from Brexit.
A shift in equity trading to the EU from London, due to a regulatory dispute over how MiFID II’s share-trading obligation applies after Britain’s exit from the bloc, is unlikely to reverse, we believe, based on 1Q data and with U.K. plans to scrap the rule. U.K. trading venues appear protected, however, having established EU hubs before the Dec. 31 split.
Rule changes and high costs have been cited for the move, leaving the Irish airline listed solely on the Euronext Dublin exchange.
Architect says base in French capital will act as gateway to Europe after ’profoundly regressive act’.
Architecture studio Rogers Stirk Harbour + Partners has announced it is setting up a European office in Paris to win work in the EU following Brexit.
Ramsden International has fallen to its first-ever loss as new Brexit rules hit revenues at the wholesale exporter.
Brexit-backing businessman Sir James Dyson is to relocate the Dyson head office from the UK to Singapore.
Around 4,000 British companies have taken up virtual residence in Estonia post-Brexit, Prime Minister Kaja Kallas (Reform) told the website of free London business paper City A.M., adding that Estonia has as a result benefited hugely from the United Kingdom's departure from the European Union.
British seeking ‘foothold’ in EU single market to ease red tape burden.
Somerset-founded architecture practice Invisible Studio is moving its operations outside of the UK as a response to Brexit, Dezeen has learned. / "Brexit has been a catastrophe," Invisible Studio said in comments on the survey. "The barriers are obvious but it it is the cultural loss that is even greater."
Philips is to close its factory at Glemsford in Suffolk and transfer operations to the Netherlands, putting 430 jobs at risk, amid continuing uncertainty around Brexit.
The north-east fish processing industry could be relocated to Poland after Brexit, a trade expert has warned.