Daily Mail - 30.07.2019

(Steven Felgate) #1
Daily Mail, Tuesday, July 30, 2019 Page 17
QQQ

Vauxhall plant ‘may shift to Europe’


THE UK’s biggest trade union accused Boris John-
son of playing ‘No Deal roulette’ with thousands
of jobs after a French car maker threatened to
shut down its Vauxhall factory in Ellesmere Port.
Carlos Tavares, the boss of PSA Group, says it has
already found a southern Europe site to build the
Astra if Britain crashes out of the EU without a deal
and the Cheshire plant becomes unprofitable.
Closure of the North West factory would lead to
the loss of more than 1,000 jobs, striking another

crushing blow against Britain’s car industry. The
factory makes the Vauxhall Astra as well as the
Opel-branded versions sold across the Continent.
Unite’s Steve Turner said it had been in ‘positive
discussions’ with PSA about building new models
at the plant. But he said: ‘All that hard work is now
hanging by a thread as Boris Johnson and his gov-
ernment of hard Brexiteers play No Deal roulette
with the livelihoods of thousands of Vauxhall
workers and colleagues in the supply chain.’

‘We are aiming for a new deal... and
that is what I think we can achieve
with goodwill on all sides.
‘But it has been the policy of the
Government for a long time now to
prepare for No Deal and that is
what we are going to do with high
hearts and growing confidence – we
will prepare for a No Deal Brexit.
‘If our friends and partners in
Brussels will not change the with-
drawal agreement, if they will not
accommodate the will of Parlia-
ment which has said three times
now that they cannot accept the
backstop, then obviously you
would expect us to get ready and
that is what we will do.’
Analysts yesterday linked the fall
in the pound directly to growing
market concern about the possi-
bility of No Deal.
Connor Campbell, financial ana-
lyst at Spreadex, said: ‘An already
bad start turned into a full-blown
panic attack for sterling.
‘It honestly seems like Boris
Johnson’s Government is actively
chasing a No Deal Brexit, the newly
anointed Prime Minister report-
edly refusing to meet with EU lead-
ers unless the not-up-for-discus-
sion Irish backstop is scrapped.
‘Add on to this a weekend full of
headlines about ramped-up No
Deal planning, and the pound had
the fear of God put in it.’ Foreign

Secretary Dominic Raab suggested
leaving the EU without a deal
would strengthen the UK’s hand in
future trade talks with Brussels.
He told BBC Radio 4’s Today pro-
gramme the EU’s ‘stubborn’ behav-
iour would be to blame if the UK
ended up leaving without a deal.
But he added: ‘The prospect of
reverting and getting a good deal
will be easier after we have left if
that is the case. The reason being
we do as an independent third
country and less subject to effec-
tively the demands of the EU as we
are now.’ The new Brexit war cabi-

Pictures: STEVE BACK/ LNP
THE pound slumped to
its lowest level for more
than two years last night
as the Government stepped
up preparations for a No
Deal Brexit.
Sterling fell to $1.22 on inter-
national currency markets and
to 1.10 euros, a drop of more
than 1.3 per cent in a day.
Boris Johnson yesterday insisted
there remained a ‘very good chance
we can get a deal’ if the EU agrees
to abandon the Irish backstop.
But Downing Street confirmed
revelations in yesterday’s Daily
Mail that the Prime Minister
has no plans to hold face-to-face
talks with EU leaders unless they
meet his precondition to tear up
Theresa May’s deal.
A No 10 spokesman said: ‘The PM
has been clear that he wants to
meet EU leaders and negotiate,
but not to sit down and be told
that the EU cannot possibly reopen
the withdrawal agreement.’
Sources also confirmed that Mr
Johnson has yet to speak to Irish
Taoiseach Leo Varadkar, who is
seen as critical to any hope of the
EU backing down.
Mr Johnson’s new Brexit ‘war
cabinet’ held its first formal meet-
ing in Whitehall yesterday, with
Michael Gove taking the chair

‘A full-blown panic
attack for sterling’

‘We are aiming
for a deal’

By Political Editor

while the Prime Minister visited
Scotland. But Mr Johnson risked
sowing confusion when he
appeared to contradict Mr Gove’s
assessment on No Deal.
Mr Gove said at the weekend the
Government still hoped the EU
might back down and cut a deal
but had to ‘operate on the assump-
tion they will not’.
Asked whether Mr Gove was
right to say that the Government
should work on the assumption it
was heading for No Deal, Mr John-
son said: ‘No, absolutely not. My
assumption is that we can get a
deal, we are aiming for a deal.’
No 10 insisted Mr Johnson’s com-
ments were ‘consistent with what
Michael Gove has said’.
The Prime Minister also appeared
to reiterate his assessment that
the chances of a No Deal Brexit
were ‘a million to one’ against.
Asked whether he stood by the
prediction, he replied: ‘Provided
there is sufficient goodwill and
common sense on the part of our
partners, that is exactly where I
would put the odds.’ He added:

That’s Boris’s new economic mantra


as he plans to turbo-charge Britain


On the move:
Carrie Symonds
leaves her old
home yesterday

net, known as the Exit Strategy
committee or XS, comprises six
senior ministers and will meet
twice a week.
A major advertising campaign,
reportedly costing up to £100mil-
lion, is also planned to raise public
awareness of Brexit issues.
But ministers have abandoned
proposals to send a leaflet to every
home, fearing it would be a waste
of money. Instead they will focus on
newspaper, radio and TV adverts
and campaigns on social media.
[email protected]

Pound falls


again over


fresh fears


of No Deal


... but Johnson dismisses


Gove’s ‘assumption’ that


we’ll crash out in October

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