Versions of Brexit under consideration by the cabinet could cut British manufacturing exports by up to a third, according to new economic modelling that finds leave-voting areas such as Sunderland, Coventry, Derby and County Durham suffering most as a result.
Highly specialised jobs in Britain assessing whether products ranging from MRI scanners to phones can carry the “CE” safety label could be at risk post-Brexit after the European commission put manufacturers on notice over future standards.
“The industry is desperately trying to keep cashflow going to invest in new electric models but there are three things against them in the UK. First, the industry has been lying about emissions; second, there is the diesel sales issue, which is Europe-wide; third, there is Brexit,” Williams said. “The industry is quite desperate.”
Vauxhall said it remained committed to the plant, which has question marks over its future in the wake of the the EU referendum vote. Sales of the Astra have declined, and the motor industry’s trade body warned last week that on top of dwindling UK registrations of new cars, manufacturers were holding off from investing...