INVESTING IN THE UK CAR INDUSTRY IS A WIN-WIN FOR GOVERNMENT
AFTER THE UK officially exited the European Union last week, attention has turned to negotiating a future trade deal. The SMMT, the UK motor industry’s body, has made its position clear by demanding tariff-free automotive trade with the EU, by far the biggest export market for UK-built vehicles and from where we import seven in 10 cars sold here. The government enters those negotiations off the back of an election victory that was made far more convincing by unexpected success in areas such as the Midlands and the north-east of England. The prime minister has been clear that these votes must be rewarded – and that is where the motor industry comes in. One in 14 UK manufacturing jobs are in automotive – rising to one in six in north-east England –…