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19 February 2019

Ilona Serwicka, Research Fellow in the economics of Brexit at the UK Trade Policy Observatory and Nicolo Tamberi, Research Assistant in Economics for the Observatory.

Earlier this month, Japanese car manufacturer, Nissan made an unexpected U-turn and announced that it was no longer planning to manufacture its new X-Trail SUV model at the Sunderland plant. In a statement, Nissan said that:

‘while we have taken this decision for business reasons, the continued uncertainty around the UK’s future relationship with the EU is not helping companies like ours to plan for the future’.[1]

Yesterday, another Japanese car manufacturer, Honda, said that it was going to close its Swindon plant in 2021, and consolidate its production operations in Japan – a move that is going to put some 3,500 jobs at risk, with more jobs threatened in the supply chain. Early speculation suggests that tariff-free access to the EU is among the factors behind the company’s decision.[2]

Although neither Nissan nor Honda explicitly blamed Brexit for a decision to scale down their operations in the UK, Brexit provides the context for the decisions and for the steps that can be taken to cope with them. (more…)

February 19th, 2019

Posted In: UK - Non EU, UK- EU

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29 March 2017

New analysis shows that the nations of the UK are exposed to trade with the EU in quite different ways. If the UK leaves the EU without a trade deal the effects across regions will be quite different and this should therefore influence our trading priorities

Our Fellows have analysed trade data to examine the regional and sectoral impact of Brexit as well as the overall national impact.

Their findings, portrayed in a short video animation show that choosing trade priorities on the basis of aggregate UK data does not take into account the fact that the nations within the UK are exposed to trade with the EU in different ways.

(more…)

March 29th, 2017

Posted In: UK - Non EU, UK- EU

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14 December 2016Ingo Borchert

With exports of services worth £220 billion to the UK economy, we need to make sure that Brexit discussions don’t ignore this vital component of the UK’s trading environment.

Dr Ingo Borchert is Lecturer in Economics and a fellow of the UK Trade Policy Observatory. (more…)

December 14th, 2016

Posted In: UK- EU

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16 November 2016Peter Holmes

At the end of last month, Nissan confirmed a major investment in its Sunderland site following support and assurances from Teresa May. This news was received with much speculation as to what the “support and assurances” of the British government could be.

Whilst the details are yet to emerge from Number 10, Dr Peter Holmes reveals different options of what a special post-Brexit deal for Nissan, and the car industry generally, could be.  (more…)

November 16th, 2016

Posted In: UK- EU

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