Britain could slash corporation tax to 10 percent if the European Union refuses to agree a post-Brexit free trade deal or blocks UK-based banks from accessing its market, the Sunday Times reported, citing an unidentified source. The newspaper said the idea of halving the headline rate from 20 percent had been put forward by Prime Minister Theresa May's advisers amid growing fears other EU member states will take a hard line in Brexit negotiations. At a Brussels summit last week EU leaders were clear they would not allow Britain to "cherry pick" things such as free access to the market for certain sectors without taking on the full responsibilities of EU membership.
- Reuters•3 days ago
Japanese carmaker Nissan will decide next month whether to make its new Qashqai model in Britain or elsewhere in the first major investment decision affecting the country's car industry since the vote to leave the European Union. Chief Executive Carlos Ghosn, who met British Prime Minister Theresa May last week, said on Friday he had been reassured by the government it would be "extremely cautious" about preserving the competitiveness of Nissan's factory in northern England. Ghosn warned after the vote to leave the European Union in June that Nissan could halt investment in Britain's biggest car factory which made nearly a third of the 1.6 million vehicles produced in the country last year.
Nissan Motor Co. Ltd. (NSANY)
Other OTC - Other OTC Delayed Price. Currency in USD
|Day's Range||19.50 - 19.64|
|52wk Range||16.57 - 21.92|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||8.33|
|Avg Vol (3m)||99,059|
|Dividend & Yield||0.74 (3.77%)|