UK car industry is facing ‘existential crisis’ as argument over EV Brexit deal rumbles on.
From next year, 45 per cent of an EV’s value should originate in the UK or EU to qualify for tariff-free trade.
https://t.co/gl3dE6fXBl
- https://t.co/40naM7zCeX
Jeremy Hunt offers Jaguar Land Rover £500m to keep factory in UK [£]
Jeremy Hunt has offered one of Britain’s biggest car manufacturers half a billion pounds in government subsidies not to go abroad to build a new electric battery “giga-factory”.
https://t.co/YAeHnXnmhG
Rishi Sunak talking to EU over threat to UK electric cars.
The UK is lobbying the EU over a Brexit trade deal deadline that carmakers have warned pose a threat to UK industry.
https://t.co/BOqXAczJfI
- https://t.co/40naM7zCeX
UK-wide 'not for EU' labelling to be introduced to British food products from the Autumn.
"Not for EU" labelling on British food products sold across the UK will be phased in gradually from this autumn, Foreign Secretary James Cleverly has said.
https://t.co/XEXmm42o4L
Goldman Sachs’ EU employees swell by 21% amid Brexit relocations.
Goldman Sachs bolstered the number of staff working in the European Union by 21% last year, as Brexit continues to reshape banks' operations on the continent.
https://t.co/aG8we7R3gF
- https://t.co/40naM7zCeX
UK logistics players call for more detail as more Brexit customs rules loom.
The UK government is still failing to understand the country’s supply chains, say logistics operators, or recognise their anxiety as more Brexit regulations loom.
https://t.co/paY2mAD0At
Boris Johnson’s Brexit deal is damaging the economy, senior Tory warns.
MPs are increasingly looking to review point of trade deal in 2025 to push for better terms.
https://t.co/NZGHnsdiYv
- https://t.co/40naM7zCeX
Brexit was an ‘act of self-sabotage’ [12 mins]
Financial Times US Editor-at-Large Gillian Tett says many people in the United States “are just baffled” Britain went along with Brexit, describing it as an “act of self-sabotage”.
https://t.co/uUBBcReaEI
- https://t.co/40naM7zCeX
Companies moving key operations to Europe a 'natural consequence' of Brexit.
Jim McMahon told Kay Burley: "To some degree, it's a natural consequence of leaving the single market."
https://t.co/PG5ZSD0gy9
- https://t.co/40naM7zCeX
Post-Brexit India deal could cut thousands of jobs in Leave-voting areas, and hike food prices.
British rice milling industry faces wipe-out from part of a trade deal being discussed with India.
https://t.co/uMyG0D7rlN
- https://t.co/40naM7zCeX
Guy Hands Says Investment Case for UK Is Only Getting Worse After Brexit.
Guy Hands said the business outlook and investment case for the UK is only getting worse and that the country needs to reforge trading ties with the European Union to stop the rot.
https://t.co/83CUFmgJnn
EU and UK eye closer financial services regulatory cooperation with Brexit agreement.
The European Commission has adopted a draft memorandum of understanding to create a framework of financial services regulatory cooperation with the UK.
https://t.co/hLrxKaSD24
Barclays PLC to hire 200 bankers in France as Brexit struggles add up.
Barclays PLC is planning to hire 200 new traders in Paris in a fresh blow to the Square Mile in the wake of Brexit.
https://t.co/yy8J02Wue3
- https://t.co/40naM7zCeX
‘800,000 car industry jobs at risk’ unless UK renegotiates Brexit deal.
Officials have been accused of been "asleep at the wheel" as looming new rules covering electric vehicles approach.
https://t.co/1UVRTPQgpB
- https://t.co/40naM7zCeX
Sunak tries to delay Brexit rules in bid to save thousands of UK car industry jobs.
Vauxhall’s parent company warned it could shut its UK factories.
https://t.co/hwzb3gMOM3
- https://t.co/40naM7zCeX
Jaguar Land Rover joins Vauxhall maker Stellantis in criticising Brexit deal, piling pressure on Government.
The current Brexit deal is “unrealistic and counterproductive” for electric car manufacturing and needs to be changed.
https://t.co/1stdyAWEaq