Nissan deals another blow to Sunderland workers, May's Brexit deal voted down, and more top news
The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.
Nissan has cancelled production of its premium Infiniti models in Sunderland, putting 250 jobs at risk. The Japanese carmaker will cease production of the Infiniti brand by July amid plans to withdraw from Western Europe. Last month, Nissan announced its X-Trail model will be made in Japan instead of its Sunderland plant as originally planned. The Sunderland plant, which employs almost 7,000 people, will still produce the new Qashqai, which accounts for more than half of the 450,000 vehicles made at the site annually. ? Here’s what people are saying.
Britain's Parliament has once again voted against Prime Minister Theresa May's Brexit deal. The body will now vote today on leaving the EU without a deal. Should that vote fail, Parliament will then decide whether to postpone Brexit beyond the March 29 deadline. May had hoped last-minute changes to her deal — which the EU agreed to earlier this week — would lead members to support the proposal. Frustrated EU leaders say there's “no more [the EU] can do”. ? Here’s what people are saying.
The UK is joining aviation authorities around the world including Germany and France in grounding Boeing 737 MAX aircraft and ordering the plane out of its airspace. The moves follow the deadly crash of an Ethiopian Airlines flight on Sunday — the second fatal accident involving the 737 MAX since October. Boeing insists it has “full confidence in the safety of the Max” but will issue a software update. The US Federal Aviation Authority has said the model is "still airworthy." ? Here’s what people are saying.
The Early Learning Centre is set for a high street comeback. Owner Mothercare will sell the brand to rival The Entertainer in a ￡13.5m deal, in a bid to slash its debt levels. Troubled retailer Mothercare said it did not have the “necessary capital, resources or scale” to nurture the Early Learning Centre brand, once known for its wooden train sets and shape sorters. Mothercare narrowly avoided going bust last year, prompting a restructure and store closures. ? Here’s what people are saying.
More than 3,500 bankers in the UK are paid more than ￡850,000 (€1m) per year, the European Banking Association has revealed. In a report, the EBA said that thirty UK bankers were paid more than €10m each, and in one case a single asset manager banked €40.9m. It also revealed that the UK was home to 73% of all millionaire bankers across Europe, with nine times more in the country compared to Germany and 15 times more than in France. ? Here’s what people are saying.
Idea of the Day: It may be instinctive to look at how others are performing, but Australian Diamonds captain Caitlin Bassett tells LinkedIn the trick is not to compare yourself.
“Everyone's journey is different. You might be starting your chapter at chapter one, while someone is at chapter 20 of their life.”
What's your take on today’s stories? Share your thoughts in the comments.
High Performance Automotive Program Leader. Prototype to SOP Mission Critical (Lean / APQP / Launch / Powertrain / Drivetrain / BEV / HEV / ICE / Engineering)
5 年The decision was not to stop production but to pull ALL of Infiniti out of Europe resulting in no further production requirements at Sunderland for one model. Why? Major corporate issues at the Nissan-Renault-Mitsubishi group, lack of sales and products poorly adjusted to the European market. Not Brexit. Automotive is spending enormous amounts of money on electrification because that is what customers are looking for and what governments are pushing for. Consolidation is the current trend.
Chartered Mechanical Engineer, Lean Manufacturing Expert, Manufacturing Strategy Supporting Business Development.
5 年Do people know that Nissan is French or is that being kept secret too?
Client Rep / QC Inspector - Export Cables & Pre-Assembly Quality Checks at Ocean Winds (Moray West)
5 年I left school in 1978 with no qualifications whilst the UK was in the common market ( now the EU ), I have always worked, have a lovely family, own my own home, I enjoy the free travel I am entitled to as a European, why on earth we voted leave I have no idea, as for the people of Sunderland still stating they want to leave the EU, it’s like Turkeys voting for Christmas, someone stop Brexit please
dvsa adi lgv/pcv c+e d+e b+e driving instructor fleet trainer at quality driver training and British military veteran
5 年we have been betrayed by gutless cowards who were supposed to represent the electorate we voted to leave the nazi dictatorship the eu. churchill will be spinning in his grave may is one of the most incompetent pms this country has ever had to suffer. they have olso dishonoured every man/woman who faught and died fighting the hun in 2 world wars parliament has been turned into a laughing stock by the nazi high command eu and snp traitors are no better lets not forget their collaboration with nazi Germany in ww2 ( Donaldson and Rennie) we have now become slaves to the eu thanks to greedy self serving corrupt mps who are lining there own pockets with utter contempt for the17 million voters we would be better of with a no deal the wto Australia new Zealand and American have seid they would trade with GREAT BRITAIN saving 39 billion pounds and taking back control of our country. i feel we have lost the battle for our survival due to back stabbing traitors corrupted by their own self interest and greed heath had a lot to answer for . i have more repect for a prostitute than i have for an mp.the eu are no friend to uk . in the words of Winston churchill the hun is either at your throat or at your feet. ????