Future Of British Business
Ford Urges UK to Keep EU Trade Deal Intact or Risk Investments
Ford last year announced plans to invest as much as £230 million in retooling a transmission plant in Halewood near Liverpool.
Photographer: Christopher Furlong/Getty Images
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Ford Motor Co. urged the UK to maintain its trade agreement with the European Union, warning that a measure under consideration to override the deal may threaten further investments in the country.
“Investors invest in good faith and on the basis that the UK is reliable place to invest,” Tim Slatter, who chairs Ford’s UK business, said Tuesday on the sidelines of an industry conference in London. “Part of that is to have a secure trading relationship with its biggest trade partner.”