World | Hard Brexit threatens the investment of 80 billion pounds on Jaguar Land Rover

<img alt = "The hard Brexit threatens the investment of 80 million pounds on Jaguar Land Rover" title = "The hard Brexit threatens the investment of 80 billion pounds on Jaguar Land Rover" src = "http://www.capital.bg/shimg/zx620y348_3230899" Jaguar Land Rover Executive Director, Ralph Spat, warns that a "bad deal for Brexit" will put the company in danger. investment of the company for 80 billion. pounds in the UK and could lead to closures of factories. The UK's largest automaker, owned by Indian Tata Motors, says "his heart and soul are in the UK," but in the absence of "no problem trading," British investments are questionable . The warning of Jaguar Land Rover follows those of Airbus, BMW and Nissan, who point out that their future investments in the country are under review and may be interrupted if London leaves the EU without an agreement guaranteeing a trouble-free trade. . At the same time, the British Consortium of Retailers sent a letter to Teresa May, in which he claimed that the impossibility of concluding a "good" bargain for Brexit 19659004 ] customs delays for perishable goods, writes the BBC.

Reevaluation of Costs

"A bad deal for Brexit will cost Jaguar Land Rover more than 1.2 billion pounds a year, which will dramatically change our spending." We have spent about 50 billion pounds in the UK We are planning 80 billion more pounds over the next five years, but this can be at risk if we face the wrong result, "says Ralph Spat. He adds that the company needs "greater certainty" to pursue its large-scale investment plans in the UK.

Before the Financial Times, he states: "If we are forced to leave because we do not have the right agreement, we have to close factories in the UK and it will be very, very sad." Brexit's uncertainty is one of the reasons that forced the builder to announce a series of changes in its UK operations, including a reduction in production, the non-renewal of interim contracts and the transfer of production in Slovakia

that they have always maintained that the insecurity of Brexit is avoidable as long as the company clearly understands that the government will take appropriate measures to handle the transition. The company adds that it needs full and unrestricted access to the single market to remain competitive and that the Brexit, which increases bureaucracy and reduces the productivity of British industry, does not make it more competitive. is in the interest of anyone

According to badysts, interference in the debate An employer as important as Jaguar Land Rover will exert even more pressure on the British government. The Ministry of Business has commented that the government is committed to ensuring that the company can "continue to thrive and invest in the UK".