AIRLINK 183.86 Increased By ▲ 3.00 (1.66%)
BOP 11.82 Increased By ▲ 0.15 (1.29%)
CNERGY 7.52 Increased By ▲ 0.02 (0.27%)
FCCL 46.38 Increased By ▲ 0.31 (0.67%)
FFL 16.15 Decreased By ▼ -0.11 (-0.68%)
FLYNG 27.78 Increased By ▲ 0.54 (1.98%)
HUBC 135.09 Increased By ▲ 3.02 (2.29%)
HUMNL 13.06 Increased By ▲ 0.04 (0.31%)
KEL 4.62 Increased By ▲ 0.05 (1.09%)
KOSM 6.20 Increased By ▲ 0.10 (1.64%)
MLCF 59.17 No Change ▼ 0.00 (0%)
OGDC 223.06 Increased By ▲ 1.68 (0.76%)
PACE 5.79 Decreased By ▼ -0.08 (-1.36%)
PAEL 44.95 Decreased By ▼ -0.59 (-1.3%)
PIAHCLA 17.66 Decreased By ▼ -0.30 (-1.67%)
PIBTL 10.66 Increased By ▲ 0.48 (4.72%)
POWER 11.73 Decreased By ▼ -0.12 (-1.01%)
PPL 187.05 Increased By ▲ 2.96 (1.61%)
PRL 36.27 Decreased By ▼ -0.27 (-0.74%)
PTC 24.77 Decreased By ▼ -0.19 (-0.76%)
SEARL 100.95 Decreased By ▼ -0.28 (-0.28%)
SILK 1.15 Decreased By ▼ -0.02 (-1.71%)
SSGC 36.96 Decreased By ▼ -0.30 (-0.81%)
SYM 15.69 Increased By ▲ 0.49 (3.22%)
TELE 7.88 Increased By ▲ 0.08 (1.03%)
TPLP 10.83 Increased By ▲ 0.19 (1.79%)
TRG 66.62 Increased By ▲ 6.06 (10.01%)
WAVESAPP 10.82 No Change ▼ 0.00 (0%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
YOUW 3.81 Increased By ▲ 0.10 (2.7%)
BR100 12,458 Increased By 125.9 (1.02%)
BR30 38,307 Increased By 534.6 (1.42%)
KSE100 117,001 Increased By 801.5 (0.69%)
KSE30 36,134 Increased By 227.9 (0.63%)

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.