Brexit deal with EU ‘doable’ in two months: UK Treasury chief [Advisor.ca (Canada)]
Tata Motors Ltd Tata Motors Limited (TTM)
US:NYSE Investor Relations:
tatamotors.com/investor/volumes
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Source: Advisor.ca
In that event, Jaguar Land Rover CEO Ralf Speth said a so-called “hard Brexit” could result in the “worst of times” for the U.K. He said the U.K. is the company’s “home” but that a hard Brexit would cost Jaguar Land Rover, which is owned by India’s Tata Motors, more than 1.2 billion pounds a year. “It’s horrifying, wiping our profit, destroying investment in the autonomous, zero-emissions (technologies) we want to share,” he told a Zero Emission Vehicle Summit in Birmingham, England. He said the loss of jobs would be “counted into tens of thousands if we do not get the right Brexit deal.” Hopes are fading that Britain and the EU can strike a deal at an EU summit in October as originally planned, but there are growing expectations that the EU is planning another meeting for November. Treasury chief Philip Hammond told a House of Lords committee that he agreed with the EU’s chief negotiator, Michel Barnier, that a deal was possible in six to eight weeks if both sides are realist
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