GXO claims Wincanton takeover will not hurt UK food retailers
The world’s largest pure-play contract logistics operator (PPCLO), GXO, has argued that its intended acquisition ...
“The UK has become the investment destination of choice for OEMs.” This bold claim opened a recent report by KPMG, commissioned by the Society for Motor Manufacturers and Traders (SMMT).
The claim comes on the back of various announcements of new investment in the country by OEMs, which cumulatively amount to some £6 billion, including expansion plans from Nissan, General Motors, Jaguar Land Rover and BMW.
The SMMT further believes that these investments will create a gap in supplies to OEMs to ...
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