AGL 40.05 Increased By ▲ 0.04 (0.1%)
AIRLINK 127.63 Decreased By ▼ -0.36 (-0.28%)
BOP 6.60 No Change ▼ 0.00 (0%)
CNERGY 4.51 Decreased By ▼ -0.09 (-1.96%)
DCL 8.44 Decreased By ▼ -0.04 (-0.47%)
DFML 41.65 Increased By ▲ 0.17 (0.41%)
DGKC 86.88 Increased By ▲ 0.30 (0.35%)
FCCL 32.19 Increased By ▲ 0.05 (0.16%)
FFBL 65.13 Decreased By ▼ -0.29 (-0.44%)
FFL 10.15 Decreased By ▼ -0.10 (-0.98%)
HUBC 110.49 No Change ▼ 0.00 (0%)
HUMNL 14.78 Increased By ▲ 0.03 (0.2%)
KEL 5.16 Increased By ▲ 0.03 (0.58%)
KOSM 7.22 Increased By ▲ 0.10 (1.4%)
MLCF 41.70 Increased By ▲ 0.05 (0.12%)
NBP 60.00 Decreased By ▼ -0.09 (-0.15%)
OGDC 194.30 Decreased By ▼ -0.39 (-0.2%)
PAEL 28.31 Increased By ▲ 0.36 (1.29%)
PIBTL 7.88 Decreased By ▼ -0.12 (-1.5%)
PPL 150.85 Decreased By ▼ -0.32 (-0.21%)
PRL 26.69 Decreased By ▼ -0.19 (-0.71%)
PTC 16.11 Increased By ▲ 0.11 (0.69%)
SEARL 78.35 Increased By ▲ 0.15 (0.19%)
TELE 7.40 Increased By ▲ 0.01 (0.14%)
TOMCL 35.40 Decreased By ▼ -0.27 (-0.76%)
TPLP 7.98 Increased By ▲ 0.07 (0.88%)
TREET 16.00 Increased By ▲ 0.11 (0.69%)
TRG 52.90 Increased By ▲ 0.14 (0.27%)
UNITY 26.50 Decreased By ▼ -0.05 (-0.19%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,895 Decreased By -25.2 (-0.25%)
BR30 30,656 Decreased By -95.8 (-0.31%)
KSE100 93,209 Decreased By -15.4 (-0.02%)
KSE30 28,859 Decreased By -26 (-0.09%)

LONDON: British MPs on Saturday said they were "deeply troubled" by reports that Japanese car manufacturer Nissan is cancelling plans to build its X-Trail SUV in Britain despite Brexit assurances from the government.

Nissan is set to announce on Monday that it has changed plans to build the vehicle at its plant in Sunderland, northeast England, according to Sky News.

Local MP Bridget Phillipson, tweeted that the reports "represent deeply troubling news for the north east economy -- So many jobs and livelihoods depend on Nissan's success."

The car giant is a major employer in the region, a former industrial powerhouse that has suffered decades of economic decline, and which voted heavily in favour of Brexit.

Colleague Julie Elliott said Brexit had played an "inevitable role" in the decision, adding "none of it is conducive to encouraging business investment in this country".

Nissan employs almost 7,000 people at the plant, which has produced cars since 1986.

Work already committed to is not likely to be affected, and the effect on jobs is expected to be minimal.

Other multinational giants including Airbus warned this week that British jobs could suffer in the event of an unfavourable Brexit outcome.

Copyright AFP (Agence France-Press), 2019
 

 

 

Comments

Comments are closed.