German manufacturer closing UK plants over Brexit

(CNN Business)A German engineering group has just delivered another blow to Britain’s struggling automotive industry.

Schaeffler (SCFLF), which supplies automakers as well as the aerospace industry, said it was planning to close two plants in the United Kingdom.
It highlighted “the uncertainty over Brexit” as a key factor in its decision to shut a plant in Llanelli, Wales, and a second in Plymouth, in southwest England.

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