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Dozens of companies have cut jobs, beefed up their European operations or issued warnings on the impact of the UK's departure from the EU.
Even if there is no second wave of coronavirus to shut down factories once again, British car production in 2020 will only recover to about a half of last year’s figure, says industry body.
French oil giant Total SA is relocating a key part of its finance operation from London to Paris less than a month before Britain leaves the European Union.
Gianluca de Ficci delivered the starkest warning yet to our Industry Correspondent.
The future of electric vehicle production in the UK is under threat unless the Government reworks the Brexit deal, Vauxhall parent Stellantis has warned.
The UK is accused of being ‘asleep at the wheel’ when it comes to industrial policy around new electric car and battery tech.
Eight Labour MPs including Luciana Berger and Chuka Umunna quit Labour over anti-semitism and Corbyn’s intransigence over Brexit. Then three Tory women – Heidi Allen, Anna Soubry and Sarah Woollaston – resign from the party they now say is irrevocably dominated by the hard Right and its ERG extremists. What can the Independent Group achieve and what must they do to achieve it?
We are thrilled to have the great MARK GATISS – writer, star of ‘The League Of Gentlemen‘, 'Sherlock' and 'Doctor Who', and five-star unyielding Remainer – as this week’s special guest on Remainiacs. / Why “alternative arrangements” means yet more blind man’s Brexit. Why Labour really fears the Backstop. More on the shameless liar Daniel Kawcynzski MP.
Firms including BMW and Toyota warn of potential UK job losses and plant closures.
Warning from head of North East England Chamber of Commerce is echoed by other organisations.
A no-deal Brexit would cost Japanese carmakers in Britain more than $1bn a year if 10% tariffs were imposed on trade between the UK and EU, new analysis suggests.
The UK's largest car manufacturing plant is "unsustainable" if the UK leaves the European Union without a trade deal, owner Nissan says.
Nissan's Chief Operating Officer, Ashwani Gupta, explains that despite Nissan's recent moves, under a No-Deal Brexit (most likely outcome), the Sunderland Plant, on which 34,000 jobs depend, will be unsustainable. / He's saying this 2 June 2020. / Deadline to avoid No-Deal: 30 June.
Tariffs on exports to the EU would force car maker to move production elsewhere, says.
If no trade deal is reached, cars made in the UK and exported to the EU would be subject to a 10 per cent tariff.
Nissan warns its Sunderland plant in the UK would be ‘unsustainable’ without an EU trade deal
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group’s car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.
Japanese car maker Nissan will review its decision to build the Qashqai 4x4 in England if Britain leaves the EU without a deal, potentially leading to the closure of the Sunderland plant, the Financial Times reported.
The firm, which employs thousands of people in Sunderland, will reportedly make the announcement on Monday.
Despite assurances given in October that Japanese car manufacturer would continue with plans to invest in Sunderland plant after EU exit. / Nissan said it may “adjust” its business in the UK, depending on how Brexit turns out, potentially jeopardising 7,000 jobs at its Sunderland plant.
Nissan has decided to produce its battery-powered Ariya sport utility vehicle in Japan, rather than in the U.K., the company said Thursday.
The chairman of Nissan Europe has written to factory staff to confirm it will cancel plans.
Letter revealing the financial support is finally released – more than two years after No 10 insisted had been no ‘special deal’.