EU Damps Down British Hopes of Imminent Deal for Car Factories

European officials say no breakthrough on local manufacturing
Carmakers have warned UK plants may be at risk from cliff-edge

UK Secretary of State for Business and Trade Kemi Badenoch speaks with Stephanie Flanders - Head of Bloomberg Economics and Government - at the Qatar Economic Forum. Source: Bloomberg

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By Alberto Nardelli

May 25, 2023 at 1:38 PM UTC

This article is for subscribers only.

The European Union is downplaying the chances of a deal with the UK on car factory rules happening any time soon.

Several EU officials with knowledge of the talks said there has been no major breakthrough and they had no reason to think a resolution to the issue is imminent.