Level Playing Fields

In a blow to the North East, Nissan has deferred investing in its Sunderland plant, pending further clarity on the trade tariffs. The manufacturer, which employs 7,000 staff at the plant, has asked for compensation in the event of additional costs due to Brexit, precipitating a round of requests for parity from other manufacturers. Jaguar Land Rover, which employs 25,000 in the UK, has asked for “fair treatment and a level playing field”, whilst Honda, which has invested £200m in a new hub in Swindon remains committed to the UK but wants “a fast and clear statement”. The pressure falls on May et al to deliver some swift assurances.