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U.K. Assurances for Nissan Offer Glimpse of Post-Brexit Plan

  • Business secretary spells out commitments in BBC interview
  • Japanese automaker had warned it might pull out of Britain
Updated on

U.K. Business Secretary Greg Clark offered the clearest insight yet into the government’s strategy for shielding manufacturers from Brexit, days after Nissan Motor Co. secured enough assurances to keep investing in the country. 

With other industries such as finance and pharmaceuticals likely to follow the car industry’s lead in demanding support, Clark said he had promised the Japanese automaker that the government would seek to maintain tariff-free access to the European Union once the U.K. has left the bloc.