NISSAN was promised £80 million to build new cars in Sunderland before the car giant’s stunning u-turn – Greg Clark admitted yesterday. The Business Secretary finally revealed the package of taxpayer cash promised in 2016 to persuade Japanese execs to expand production in the North-East. Nissan this weekend scrapped part of the plan – abandoning a vow to make a new diesel X-Trail at the site from 2021. It will still make a new Qashqai model in the North-East. But red-faced Mr Clark yesterday admitted the Government would be forcing Nissan to reapply for the cash. Nissan ended up asking for £61 million three years ago – and has so far been given £2.6 million – he said. The revelations came as Mr Clark risked a fresh Cabinet row by saying Nissan’s blow showed the risks of a “ruinous” No Deal Brexit. He dismissed suggestions from Eurosceptic Tory MPs that the X-Trail u-turn was exclusively about the downturn in the diesel … [Read more...] about Government offered £80million ‘bribe’ to Nissan to build new cars in Sunderland
Negotiate new car deal
All UK citizens will be sent information about how to prepare for a no-deal Brexit, as the government dramatically ramps up its contingency planning. Downing Street revealed the "public communications" will be released alongside a "general advertising campaign", with 101 days until the expected divorce date. Other measures revealed include:3,500 troops being "held at readiness" to help with any "contingencies"Information packs being sent to business and traders about border changes£2bn being allocated for more government no-deal spendingSpace being set aside on ships to ensure medical supplies continue as normalSecurity and law enforcement being treated as a "priority issue"COBRA meetings being held at required intervals The decisions were made at a crunch cabinet meeting this afternoon, as ministers agreed to "fully" implementate planning for a no-deal divorce on 29 March 2019.Brexit Secretary Stephen Barclay emerged after the meeting to declare the government's priority was on … [Read more...] about 3,500 troops on standby under new no-deal Brexit plans which become ‘operational priority’
The European Union forged ahead Tuesday with plans to slash carbon dioxide emissions from new cars and vans by 2030 despite industry concerns the targets are for now "totally unrealistic." EU member countries and the European Parliament struck the ambitious deal late Monday that Brussels said would help the bloc meet its commitments under the Paris climate accord. The targets will require new cars sold in 2030 to emit 37.5 percent less carbon dioxide on average compared to 2021 levels. Emissions from new vans will have to be 31 percent lower. "With these ambitious targets, Europe is once again showing how to turn the #ParisAgremeent and #COP24 into action," tweeted Miguel Arias Canete, the European Commissioner for Climate Action and Energy Miguel. Ambassadors from EU countries are to expected to endorse the deal in Brussels as soon as Wednesday, just days after the COP24 summit in Poland aimed at breathing new life into the 2015 Paris climate deal. The auto emissions deal is a … [Read more...] about EU to cut new car emissions by 37.5 percent by 2030
President Donald Trump inaccurately described his new trade deal with Canada and Mexico as the biggest ever — it's not even close — and glossed over some possible consequences of the agreement, such as higher car prices. Mr. Trump touted the last-minute overhaul of a trade agreement among the United States, Mexico and Canada in a Rose Garden news conference on Monday. The deal was announced an hour before a deadline of midnight on Sept. 30. The president touted the new pact — the "U.S., Mexico, Canada agreement, called USMCA" — as keeping a campaign promise to renegotiate the North American Free Trade Agreement, which he had long described as perhaps the worst deal ever made. A sampling of his expansive statements on the deal Monday and the complexities behind them: Biggest ever? TRUMP: "The agreement will govern nearly $1.2 trillion in trade, which makes it the biggest trade deal in the United States' history." THE FACTS: That's wrong, simply by … [Read more...] about Fact check: Is Trump right that the new trade deal is “biggest” ever?
Everyone from U.S. President Donald Trump to Canadian Foreign Minister Chrystia Freeland was smiling Monday as they announced a new NAFTA deal, but it took months of shouting sessions and mutual suspicion to get there. The two sides clashed about issues as broad as auto-production rules and as tangential as world history. Negotiations were especially tense at one point last fall when one story after another popped up on Canadian news sites about unusual U.S. proposals. U.S. Trade Representative Robert Lighthizer scolded his Canadian counterparts over media leaks. The Americans fumed as their proposals went from the negotiating table to the internet and their counterparts whispered in the hallways. “We could literally see them [leaking],” one American official later observed. But all those differences were swept aside over the weekend. Sources close to the action say the eleventh-hour deal came together as a result of deadline pressure, willingness to compromise and … [Read more...] about From shouts to smiles: How Trump got to ‘yes’ on a new NAFTA deal