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The European Union is about to formally reject a UK plea for special allowances for exports of electric cars in a post-Brexit trade deal.
Nissan warns its Sunderland plant in the UK would be ‘unsustainable’ without an EU trade deal
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'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.
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.
The closure of Honda in Swindon would have "disastrous implications" for the Kasai automotive plant in Merthyr Tydfil, a source has told the BBC.
Household cleaning products firm McBride has confirmed its Barrow factory will shut down in the summer at a cost of 106 jobs.
Company says Brexit would have been factor in closure of Glemsford site in Suffolk.
A Norfolk farmer fears fruit and vegetable operations like his could go bust if new immigration rules close the door to migrant workers who harvest and pack their crops.
'With the UK having left the EU at the end of January, we will in due course no longer be able to operate in the UK with our European banking licence. As such we can no longer open new N26 accounts and will be closing existing accounts on 15 April 2020. ... We are sorry to be leaving and we understand this will be disappointing for our customers.'
283 workers face redundancy at one of Sheffield’s biggest steel producers, in a crushing blow for families immediately after Christmas.
Brexit is a Tory invention and pro-Europeans must still fight the prospect of EU exile, writes Will Hutton.
Survey finds majority of factory owners have cut investment, as insolvencies hit six-year high.
Sajid Javid urged to make ‘radical interventions’ to avoid ‘a very bleak winter’.
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.
A leading dairy co-operative has warned that a no-deal Brexit would "wipe out" profitability in the dairy sector.
Farmers calling for second EU referendum to herd sheep down Whitehall in protest on Thursday.
No Deal could put more than 50% of UK farms out of business - New report launches 'Farmers for a People's Vote'.
British Retail Consortium says sales are down 2.7%, blaming uncertainty over Brexit. / Britain’s retailers are warning of a fresh wave of job losses and store closures after its health check of consumer spending showed the biggest drop in almost a quarter of a century last month.
"We have witnessed several of our UK competitors go out of business in the last year due to the negative impact Brexit is having on the UK economy."
Up to 1,000 companies in the UK vehicle repair industry could collapse within two weeks of a no-deal Brexit, with many more forced to close within a month, according to leaked minutes from a meeting of leading industry figures seen by Business Insider.
Senior figures at Honda told workers at the plant that robot technology to build electric cars was being delivered by boat, before the sudden announcement last week that the plant will close.