British MPs 'deeply Troubled' By Nissan Plans

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-02-03 HKT 07:01

Share this story

facebook

  • Nissan is expected to announce on Monday that it's scrapping plans to build a popular SUV in Britain. File photo: AP

    Nissan is expected to announce on Monday that it's scrapping plans to build a popular SUV in Britain. File photo: AP

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. (AFP)

RECENT NEWS

US Stocks Rise On Hopes Of Pause In Rate Increases

Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more

China's Financial Risks 'controllable': Regulators

The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more

Banks Cut Yuan Deposit Rates, Could Boost Consumption

China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more

Cheese And Wine Put EU, Australia Deal In Peril

Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more

US Stocks End Mixed As Tech Shares Are Sold Off

Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more

Amazon 'plans Prime Video Streaming Service With Ads'

Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more