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World Business Report

earlier this week, a strong message from one of the world's biggest car—makers — to renegotiate details of the brexit deal, as their electric car exports were not going to qualify for the rules underpinning it. the political response? a ministerial video conference with the company, promises of talks with the eu, europe's car makers also asking for a delay. but wider concerns about the overall uk approach in the global battle for green industry. it's actions, not words. i'm very happy to call that an industrial strategy. i'm very happy to call it a growth plan. but what it is doing is tackling the problems that british businesses face. all i would say is, watch this space. that sounded like a reference to an imminent decision byjaguar land rover�*s parent company, which is weighing up offers from britain and spain for a giant battery factory. jlr, though, said it shared concerns with the owner of vauxhall. the bbc revealed that stellantis had warned government in a submission to a commons inquiry of this

One , Car , Company , World , Exports , Rules , Details , Car-makers , Brexit-deal , Message , Response , Video-conference

World Business Report

we are going to focus on the top business stories. we start with a developing story we brought you this time yesterday — because the european car industry is calling for a delay to tougher post—brexit trade rules due to come in from january — saying the supply chain is not ready. europe's car makers source many of the batteries for electric cars from asia — which would see them fall foul of "rules of origin" regulations that specify how much of a car must be eu—produced. it comes amid growing concern about the future of car manufacturing here in the uk — where there is currently only one factory making batteries. stellantis — owner of vauxhall as well as brands including fiat, citroen and peugeot — has warned it may have to close uk factories if the government does not renegotiate the brexit deal. our economics editor faisal islam has more.

Story , Car-industry , Delay , Business-stories , Post-brexit-trade-rules-due , Car , Car-makers , Europe-s , Batteries , Cars , Supply-chain , Many

World Business Report

this is a huge issue for the uk and manufacturing sector. we are looking at 800,000 jobs at stake. interesting to hearfrom european bodies unless, the european bodies unless, the european automobile manufacturers association adding their voice of concern but also in germany at the ft reporting that the very powerful german automobile lobby group say these wheels need to be postponed at the very least. need to be postponed at the very least-— very least. you're right. the trade and — very least. you're right. the trade and cooperation - very least. you're right. the - trade and cooperation agreement between london and brussels was agreed back in 2020 but is now starting to create issues both in the uk but also on the continent and that is because from next year in electric vehicles moving between the eu and uk will need 45% of their parts sourced from these regions or they face a 10% tariff because of that brexit deal. but a lot of parts are actually sourced further afield, from places like asia,

Uk , Jobs , European-automobile-manufacturers-association , Issue , Stake , Hearfrom-european , Manufacturing-sector , 800000 , Concern , Europe-s , Voice , Automobile-lobby-group

World Business Report

conventional cars, but also, our green economic future, so no surprise at the relief in government when the owner of vauxhall, stellantis, secured the future of its two factories in the uk 16 months ago. but that was dependent on the cars being eligible for the post—brexit uk—eu trade deal, and today, it emerged the company has said its british exports will not qualify. what we saw with the brexit deal was the needs for the rules of origin, the content of locally produced material needs to increase at the beginning of 202a. the battery industry has not been able to keep pace with the level of demand for batteries, so there is the real threat of the application of tariffs from january 1 next year. nobody wants this, government in the uk, governments in europe don't want the application of tariffs on the very vehicles they are trying

Government , Cars , Factories , Vauxhall , Future , British , Surprise , Owner , Relief , Stellantis , 16 , Two

Breakfast

good morning, welcome to breakfast withjon kay and sally nugent. our headlines today. landlords will be banned from evicting tenants for no reason, in a reform of renting in england. the company which makes vauxhall cars calls on the government to renegotiate part of the exit deal or face heavyjob losses. —— brexit deal. a heavy burden. that's how more than one in ten uk adults described their financial situation at the beginning of the year. that represents a leap of more than a0% compared to the year befor. it's the trophy they want above all others but are yet to win, can manchester city not out real madrid to my to reach the champions league final? it will be dry with sunny spells today, a few showers around, and

Landlords , Eastern-england , Reform , Tenants , Reason , Renting , Sally-nugent , Breakfast-withjon-kay , Headlines-today , Government , Part , Company

The Context

the moment the americans are saying no. when the european leaders are talking of an international coalition, they are talking about getting as much european support and saying to the americans that we might have to move on this. at the moment the americans are still saying no. 0ne one line of loose debris from ukraine given the important fleet like importance of the air defence of kyiv for that you might�*ve read a story that the russians claim to have blown up a high—tech patriot defence system that the americans had supplied for that well, the american defence teams are saying today that it is still operational. there is damage to it that was caused by a projectile near it and that damage is still being assessed but the defence system itself is still in operation for the crucially important to the city. one of the world's biggest car—makers — stellantis — has called on the government to renegotiate part of the brexit deal or risk losing parts of its car industry. stellantis says it can no longer meet brexit trade rules

European , Leaders , Support , Coalition , The-americans , System , Story , Ukraine , Russians , Importance , Air-defence , Debris

BBC News at Ten

says its concerns are related to electric vehicles. stellantis says the conditions of the brexit free trade deal signed in 2020 are no longer achievable, given the surge in the cost of raw materials, and the prospect of tariffs between the uk and the eu would make exports uncompetitive. our economics editor faisal islam has the story. electric faisal islam has the story. vehicle manufacturing is supposed electric vehicle manufacturing is supposed to be the future of the car industry, replacing these conventional cars but also our green economic future, so no surprise at the relief in government when the owner of vauxhall, stellantis, secured the future of its factories in the uk 16 months ago but that was dependent on the cards being eligible for the post breaks uk eu trade deal, and today it emerged the company has said its british exports will not qualify. —— post—brexit. what we saw with the brexit deal was

Tariffs , Uk , Cost , Notjust-stellantis , Vehicles , Free-trade-deal , Materials , Eu , Concerns , Surge , Prospect , Brexit

BBC News at Ten

over 430. tonight at ten. . .. vauxhall warns that business will be unsustainable without a renegotiation of parts of the brexit deal. they say the rising cost of raw materials means that the terms of the brexit deal are no longer realistic for electric vehicles, and experts say... there is the real threat of the application of tariffs from the 1st of january next year. we'll have more on the warning delivered by vauxhall to a parliamentary committee. also tonight... people from all parts of the food sector meet the prime minister with one item on the agenda — the sharply rising cost of food. the dangers of do not resuscitate orders — we talk to one patient whose

430-tonight , 430 , Ten , Deal , Parts , Cost , Business , Terms , Materials , Vauxhall , Brexit-deal , Renegotiation

UK Deputy Leader Rejects Report he Belittled Civil Servants, Quits Anyway

U.K. Deputy Prime Minister Dominic Raab resigned Friday after an independent investigation found he bullied civil servants.

United-kingdom , London , City-of , Brussels , Bruxelles-capitale , Belgium , Britain , Max-blain , Dominic-raab-dominicraab , Dominic-raab , Boris-johnson ,

BBC News

important in us politics, but also important in us politics, but also important in terms of driving investment in northern ireland and indeed the whole ireland of ireland. —— island of ireland. i hope there will be something from the prime minister's discussions with president biden in that direction in the future, but i also think it's important that rishi sunak learns from his success and i congratulate him for that in the windsor framework agreement a few weeks ago which removed a lot of the rough edges that were so offensive to unionist opinion difficult for businesses in northern ireland with goods coming from england, scotland, wales across the irish sea into northern ireland and facing all sorts of obstacles as a result of the brexit deal that borisjohnson negotiated. that is to his credit, he rolled up his sleeves and rebuilt trust with brussels and dublin and got a deal, but obviously there is still work to do it with the democratic unionists, the largest unionist party, who are still refusing tojoin in

Biden , Something , Terms , Northern-ireland , Prime-minister , Politics , Island , Driving-investment , Irish , Direction , Discussions , Lot