Edition:
United Kingdom

Costas Pitas

UK offered Nissan Brexit assurances, £80 million for car investment

04 Feb 2019

LONDON Britain promised Nissan up to £80 million of support and offered Brexit-related assurances to help secure a major investment from the Japanese carmaker in 2016, according to a well-guarded letter released on Monday.

Nissan scraps plan to build new X-Trail model in UK

03 Feb 2019

LONDON Carmaker Nissan has scrapped plans to build its new X-Trail SUV in Britain and will produce it solely in Japan, warning two months before Brexit that uncertainty over Britain's departure was making it harder to plan for the future. | Video

British car industry warns against no-deal Brexit as investment slumps

31 Jan 2019

LONDON Investment in the British car industry halved last year due largely to uncertainty about future trade with the EU and surveys showed consumers and businesses were more anxious about the economic outlook as Britain heads towards a no-deal Brexit. | Video

UK car output falls at fastest rate since recession

31 Jan 2019

LONDON British car production fell by 9 percent last year, the biggest drop since the 2008-9 recession, and investment slumped by nearly half due to fears about Brexit, an industry body said on Thursday. | Video

Brexit date could be pushed back by a "couple of extra weeks" - Leadsom

26 Jan 2019

LONDON The date Britain leaves the EU could be pushed back by a couple of weeks to give time for legislation to be approved by lawmakers, the leader of Britain's lower house of parliament said, the most senior figure to make such a suggestion.

Exclusive: No-deal Brexit puts Bentley's return to profit at risk

22 Jan 2019

CREWE, England Loss-making carmaker Bentley is on track to be profitable this year but a no-deal Brexit puts that at "fundamental risk", its boss told Reuters, adding that the chance of Britain leaving the EU on March 29 with a deal now seemed "fairly low."

Exclusive: No-deal Brexit puts Bentley's return to profit at risk

22 Jan 2019

CREWE, England Loss-making carmaker Bentley is on track to be profitable this year but a no-deal Brexit puts that at "fundamental risk", its boss told Reuters, adding that the chance of Britain leaving the EU on March 29 with a deal now seemed "fairly low."

World News