‘Adjusting’ and ‘not a giant leap’ – Starmer aims but fails to impress car sector with plan to assist amid tariffs
Good morning. Prime Minister Starmer’s proactive stance in a crisis showcases a divergent narrative; ally-induced yet familiar crisis response: “the government will protect you”.
Read Pippa Crerar‘s preview of Starmer’s speech, coming early this afternoon.
Starmer, focusing on the car industry, hit by 25% US tariffs, will say…
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The industry welcomes the moves but describes them as modest, with only limited impact expected amidst broader challenges.
Ford‘s Lisa Brankin and SMMT‘s Mike Hawes echo concerns about the adequacy of the plan to address electric vehicle market challenges and call for more comprehensive action and negotiations to protect the industry.
Business live blog by Graeme Wearden reflects market turmoil, noting a 6% drop in FTSE 100 shares.
Agenda includes Nigel Farage, Angela Rayner, and Keir Starmer‘s key speech in the West Midlands.
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