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25 Nov
15:53

UK auto to lose £55.4 billion in no-deal Brexit scenario

The UK automotive industry is risking a £55.4 billion ($73.9 billion) manufacturing hit if governments in London and Brussels don’t agree on a Brexit deal, Kallanish learns from trade body SMMT. The Society of Motor Manufacturers and Traders predicted on 24 November that negotiators on both sides strike a deal before Christmas to avoid damaging one of Europe’s most valuable manufacturing industries. It cites a recent study that forecasts car a…
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