Trading Partner: Hundreds Thousands and Costs Jobs

trading partner: Brexit is already causing us damage in output, costs and jobs but this does not compare with the catastrophic consequences of being cut adrift from our biggest trading partner overnight, according to The Independent. A managed no deal is a fantasy, Hawes concluded. This, for example, is what Mike Hawes, the chief executive of the Society of Motor Manufacturers and Traders, said on the eve of the meaningful vote As MPs prepare to vote on the government's Brexit deal, we urge them to remember they hold the future of the British automotive industry and the hundreds and thousands of jobs it supports in their hands. To understand the interconnectedness of supply chains, consider that some 1,100 trucks loaded with parts cross the English Channel every single day, to deliver their goods direct to lineside for car giants such as BMW, Toyota, Nissan, Honda, Jaguar Land Rover and Vauxhall. For example, in its journey from a basic casting to its place revving around inside a new Mini Cooper S, a Mini crankshaft will travel from France to the UK to Germany and then back to the UK, and probably then back to the continent to be seen in a showroom. Watch more Brexit deal failure will lead to national emergency', warns CBI chief Today's factories are run on just-in-time principles so any delay, and certainly delays of days or weeks, would cripple production, ramping up costs and shredding thin profit margins. (news.financializer.com). As reported in the news.