There was outrage today (Mon) over claims Honda is about to close its factory in Britain with the loss of over 3,500 jobs.
Reports say the car giant is set to announce the shutting of the plant in Swindon., Wilts, on Tuesday. It comes as Ford and Jaguar Land Rover have both cut jobs at their UK operations recently.
Coun Emma Faramazi, chairman of Swindon Borough Council’s Growing the Economy scrutiny committee, said: “I’m very disappointed, but we don’t have a full picture yet.”
Honda has previously said that a no-deal Brexit would cost it tens of millions of pounds, but it is unclear whether Brexit is a direct factor in the shock decision.
@abcpoppins wrote: ”This is utterly devastating news for Swindon and surrounding areas. ”
The plant produces more than 100,000 Civic cars a year and reports say it may shut in 2022.It is the firm’s only factory in the EU.
“The UK forms part of our global network of manufacturing plants, so the only place we produce the vehicle we produce at Swindon is in Swindon itself,” Ian Howells, Honda Europe’s senior vice-president, told the BBC in September.
“The logistics of moving a factory the size of Swindon would be huge and as far as we’re concerned, we’re right behind supporting continued production at Swindon.”
By Paul Andrews
https://www.thelondoneconomic.com/news/billionaire-who-campaigned-for-brexit-to-relocate-to-monaco-to-save-4bn-in-tax/18/02/