Feb 13, 2019

Ford warns no-deal Brexit would be 'catastrophic'

PA Ford has said a no-deal Brexit would be catastrophic for the firm's manufacturing operations in the UK and that it would do "Whatever is necessary" to protect its business. The comments come after a report the carmaker was stepping up preparations to move production out of the UK. Ford declined to comment directly on The Times' report, but said it had long warned against a "Hard Brexit". According to The Times' report, the firm told Prime Minister Theresa May on a telephone call with business leaders that it was preparing alternative sites abroad. During the call Mrs May confirmed reports that the government was preparing a package of financial support for businesses affected by a no-deal Brexit but declined to elaborate, The Times said. Ford is the latest carmaker to sound the alarm on Brexit after Nissan said last week it would no longer build its X-Trail car in Sunderland, in part because of Brexit uncertainty. The government has said the best way to provide certainty to industry is for MPs to back the prime minister's Brexit deal.

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