Tag Archives: UK-EU Brexit Negotiations

SMMT – Final Plea for Zero-Tariff Trade Deal As Brexit Negotiations Near End

However, significant gaps in the industry’s ability to plan still exist, with a lack of clarity on the nature of the UK-EU’s future relationship hampering the efforts of almost nine in 10 (86%) firms to prepare. A disastrous ‘no deal’ outcome, or failure to achieve workable deal for auto, would mean £47 billion hit to UK sector over next five years – on top of ongoing coronavirus crisis costs, the auto industry claims. Ah, such is the price of blind ideologies who ignore real consequences, economists and political scientists. Continue reading

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