, confirming that nissan is committed to sunderland. jobs will not come in sunderland. he also said that the company had had a review, it had invested money in sunderland in 2016 but after a global review, the capital it would have needed to build the car in sunderland was requested elsewhere in the company. let's get some thoughts on that from the vice president of the north east england chamber of commerce. apologies for my voice, it is almost giving up, but let me put to you what greg clark said there, there will be nojob what greg clark said there, there will be no job losses what greg clark said there, there will be nojob losses in what greg clark said there, there will be no job losses in sunderland and that nissan is committed to the plant. i speak in my personal capacity, however, idon't plant. i speak in my personal capacity, however, i don't take comfort from blake —— greg clark's comments. this and made a firm commitment in 2016 but this new investment project. that has suddenly been reversed because of circumstances have bee

absolutely, nissan we re ready for it. leaders with that, and they have the world's largest selling electric car but there is still a long way to go before electric cars in the mainstream. tiny percentages in most markets of fully electric sales. nissan have to work out how to capitalise on that but that requires huge investment at the time and the majority of their profits are coming from diesel and petrol. the move to bring production or not commit to build the extra l model in the north—east of england in sunderland, part of the wider strategy to consolidate. they say they know what they are dealing with back, they know which markets to treat too. nissan has identified it is under pressure. britain's biggest factory is the sunderland plant which produces more than any other in the uk. they have to work out what the future for that plant is and investing in the plant with technology that is going to be superseded is probably not the right strategy but it means contraction of their plans. there is a long lead time on that

but nissan also said today: the original decision to bring new work to sunderland was made after nissanbig businesses tend to stay out of politics, so the company's choice today to highlight continued uncertainty over the uk's eu withdrawal means it's clearly a concern in the minds of company executives. the car industry has long been worried about potential changes to trading rules after the uk leaves the eu. well, it is devastating news for our city and the region. any loss of future production at the plant makes it less stable. but i can't say i'm surprised. the uncertainty around brexit is always a factor now in any decisions made in manufacturing. after reassuring nissan and its workers over brexit in 2016, ministers hailed the decision to build new models in sunderland. today, there's disappointment. it's a significant blow because this was a piece of really good news, an expansion of over 700 jobs in what is one of our most successful plants. i've worked hard, the workforce has worked hard to secure it. and it's a big blow to carmaking, to sunderland and to all of us to have lost

in fact, fought nissan, if they can't make these ca rs nissan, if they can't make these cars in dieselandan't make these cars in diesel and sell them in europe, that is a much biggerfactor for them, although that's not to ta ke for them, although that's not to take away from the fact that brexit, for sunderland and the other car pla nts for sunderland and the other car plants in britain, is a major factor. what, looking forward, do we think we may see among the industry in general? is this the beginning of something where we may see other companies, for instance ford and jaguar land rover making changes already, is this the start of a snowballing movement? every time a car manufacturer makes a new vehicle, those plants across the world and europe compete for the work. britain has historically been good at winning that work and we've seen quite a few models coming to the uk since brexit. but as car companies decide where their new models will be, they will look at the uk and see that it is mostly an exporter, half of the cars we make will go to europe, and they will look at whether these c

nissan without ghosn. the japanese carmaker‘s about to release its first set of earnings since its once all—powerfulformer chairman was arrested. and getting a head start — we'll find out how girl scouts is trying to boost the number of women in science and technoloy. and on the markets a big jump forjapan‘s nikkei 225 as the yen weakens versus the dollar and on optimism about trade talks between the us and china. the japanese carmaker nissan is about to deliver its first set of earnings since the arrest its former—chairman carlos ghosn. he remains in custody in tokyo, on financial misconduct charges. nissan is expected to book ghosn‘s pay — which it says was underreported — totalling around $82 million as an expense for the year to the end of march. the car giant is also feeling the effects of weaker demand in china, where new car sales declined in 2018 for the first time in 28 years, sliding 2.8% to just over 28 million vehicles. as for the us, nissan's sales there plunged 19% injanuary. the company is c

the mystery of what the government offered nissan may be over.k car industry is not. simon jack, bbc news. search teams that have found the wreckage of the light aircraft carrying the cardiff city footballer, emiliano sala, and pilot david ibottson, say they've seen a body. the plane was discovered on the seabed in the english channel near guernsey, from where sian lloyd reports. the wreckage of the light aircraft which was carrying emiliano sala and piloted by david ibbotson. resting on the sea bed, in more than 60 metres of water. it was discovered yesterday by a vessel commissioned by the footballer‘s family, following a crowdfunding appeal. we wanted to go out there and find the plane. we're pleased that that happened. it's going to be, you know, people use the word closure, this is just the first step. it's a long, long way, but at least this is the route for people — for them to have answers. the cardiff city striker was being flown to south wales from nantes in france by 59—year—old david ibbotson when the plane lost radar contact. two wee

large part of nissan's supply chain. of state failed to answer what assessment is made of the impact of this decision on the wider supply chain, he keeps saying to us, "back the deal," yet he and the government are offering zero clarity about the true impacts of that very deal. with the announcement at the weekend by nissan, for the first time publicly saying that the insecurity around brexit was impacting business decisions — which in real terms meansjobs — what assurances can the secretary of state give notjust the workers at nissan, but in the supply chain in wider manufacturing moving forward, that the government will come up with an agreement that will secure jobs as we leave the european union? because as he knows, the prime minister's deal is not going through this house, and we need real decisions and real movement on the customs union and the things that will protectjobs. i would say to the honourable lady, again, whose constituents depend on successful future investments as well as the ones that have been secur

the mystery of what the government offered nissan may be over.k car industry is not. simon jack, bbc news. mps on both sides of the brexit divide have been meeting for the first time to discuss ways to try to ensure there'll be no need for border controls between northern ireland and the republic ireland once the uk leaves the european union. last week, the commons voted in favour of finding alternative arrangements for the irish border. theresa may is due to visit northern ireland tomorrow to meet local business owners. 0ur political editor, laura kuenssberg, has more. walking the walk. photographer: just get you all together, could we...? brexiteers, determined to make the prime minister talk their talk. i'm confident that as we work through these proposals, we'll be able to make our case so that we can rescue the withdrawal agreement and leave successfully. and look — former tory remainers heading to the same place at the same time, pushing the same plan. a different way of leaving the eu — but how? this compromise plan would extend the transi

discuss we've sent out but my responsibility is to talk about the future with him because we have nissan stakeholders and shareholders customers and employees to think about it. back at renault headquarters a presentation of the company's first financial results since the golden arrest and they've certainly been better in the past net profit last year plunged thirty seven percent from a record five point one billion euros the previous year hit by stringing profits at nissan thank you we were worried because the issue was to figure out how we could keep going. all responsibility for everyone here today is to carry on the work for all our clients our employees and our alliance with nissan tensions notwithstanding analysts agree the alliance has to stay in place becoming smaller won't help the carmakers take on huge rivals on the global market like toyota and folks wagon. one of the key reasons for the alliance in the first place. one out of eight german businesses with investments in the u.k. is planning to shift resources elsewhere in light of bragg's it that's the conclusion of a survey

nissan have basically decided it's not worth it anymore.entioned that previous meeting, the government assurances. there was a lot of secrecy around that at the time and people were thinking, did money change hands? is the government going to be on the phone saying, hang on, i thought we had a deal? i think there's very little they can do about it. those assurances, we don't know what was in the letter, it was kept secret at the time but those assurances really meant very little given that two years later, who would have thought we'd be ina situation where less than eight weeks away from the uk being scheduled to leave the eu, we still don't know what's coming next. this really is an unprecedented situation for the car industry to be operating under such extreme uncertainty. let's be clear, the big factor is the massive decline in diesel sales across europe, down by nearly one fifth last year, down by about 30% in the uk. this is a big suv that uses diesel engines, both basically decided the market is no longer there anymore. but brexit unc

the government and nissan were tight—lipped at the time but this weekend, something shifted, nissan changednew x—trail suv won't be built here but in japan. the company blamed falling diesel sales but said brexit uncertainty was a factor, too. so, what did the government promised them two years ago? the letter says they were working on a package of support for research and development and that work continues but i understand this could amount to additional support up to £80 million. it goes on to say it is contingent too on a positive decision by the nissan board to allocate production of the kashkai and x—trail models to the plant. the minister who signed that letter letter two years minister who signed that letter letter two yea rs ago minister who signed that letter letter two years ago defended his position today. while i am pleased the decision in 2016 to build the kashkai and secure the sunderland plant is unchanged, is deeply disappointing to me and the workforce that the extra jobs that would have come from the x—trail no longer available. the x-trail is now going to be built on the

is why we're very happy to be few thank you very much the alliance with renault ones helped save nissan from bankruptcy but some of the japanese firms executives screw dissatisfied with what they saw as an unequal partnership sin of is expected to soon assume the chairmanship of nissan but nissan says the concentration of power into one executive position is what helped carlos ghosn carrying out his alleged financial misconduct that's set to hang no further talks. nobody will say there are many different topics to discuss we've sent out but my responsibility is to talk about the future with him because we have nissan stakeholders and shareholders customers and employees to think about it. back at renault headquarters a presentation of the company's first financial results since the golden arrest and they've certainly been better in the past net profit last year plunged thirty seven percent from a record five point one billion euros the previous year hit by stringing profits at nissan thank you we were worried because the issue was to figure out how we could keep going. all responsibilit

greg clark has been told by nissan that the move was nonnegotiable. pressure on nissan, it won't work. it's about diesel, and the decline in demand these vehicles. this is one of theresa may of's first try after she became prime minister, that she got this deal. the international business community having confidence in britain post brexit. it's a symbolic blow, clearly financial for people in solemn —— sunderland as well. blow, clearly financial for people in solemn -- sunderland as well. all the papers say there will not be any job losses immediately but it does put a slightly darker complexion on the projections for the future. let's move on to the express and we mentioned brexit. it started with deeper and according to the express, there is going to be a crunch summit to save brexit. john, i have got a slight sense of deja vu. is this new or is itjust more of the same?m isa or is itjust more of the same?m is a new crunch summit. when you read crunch summit, it talks about something exotic. but its conservative backbenchers meeting at the prime mini

nissan reverses a plan to build a new 4x4 in the uk. the x—trail was to be made at its sunderland plant. the government says the decision‘s a disappointment. i worked hard in the workforce has worked hard to secure it and it a big blow to carmaking, to sunderland and to all of us to have lost it. the prime minister says she's determined to deliver brexit on schedule and will go back to brussels with new ideas. the mother of missing libby squire has thanked people helping to search for the hull university student as the police hunt enters its third day. the pope has arrived in the united arab emirates, becoming the first pope to visit the arabic peninsula. and at 11:30, we'll be taking another look at the papers with our reviewers — john rentoul, from the independent and rachel cunliffe from cityam. wreckage from the plane which was carrying cardiff city footballer emiliano sala and pilot david ibbotson has been found in the english channel. the piper malibu disappeared on its way from nantes to cardiff on 21st january. david mearns, a m

and to be fair to nissan, can you blame them?ready to leave the eu in a matter of weeks and there is no certainty around on what terms trade will be done. businesses can't sustain that kind of uncertainty. what do you feel aboutjobs here? because there was talk when this was first announced the model was going to be made 200 jobs as well as safeguarding otherjobs. well, those jobs won't come. i mean, there weren't anyjob losses thank goodness with this announcement but what it does is it means the certainty of the plant going forward is less stable. and something else has to come in to replace the jobs that they would have kept people working on the extra model. so there may not be immediate job losses with this announcement but certainly down the line something has to fill the gap. unite the union are due to meet with nissan in sunderland tomorrow morning. their acting national officer steve bush joins us now. this is not news that was expected. what has been the reaction among your workers? yeah, this has totally come out of th

europe's economies are slowing, nissan sold fewer ca rs economies are slowing, nissan sold fewer carsas been a change of leadership at the top of nissan and you can set all of this against the backdrop of brexit uncertainty, because it is utterly unclear what the trading relationship will be between the uk and the european union at the end of march. this expected announcement is about pulling promised future investment. it is not about ending work which is going on. so the implications forjobs work which is going on. so the implications for jobs may well be minimalto implications for jobs may well be minimal to nonexistent. but add to that the concern that local mps have been expressing this evening about what the news of this cancelled investment could mean for the future of this plant and either way, this is certainly a blow to uk carmaking. thank you. tens of thousands of people in venezuela are taking part in protests aimed at forcing fresh elections or the resignation of their president, nicolas maduro. he's been facing international pressure to step down following allegations of

they said they were aimed at nissan's plant were would remain competitive.ing the eu. it said the government would try and get the best possible deal it could. the picture today looks different so thatis the picture today looks different so that is one of the reasons but not the main driving reason why nissan has decided no to make the x—trail in the uk and to produce it in japan. the letter said several other thing, it talked about government support for electric cars that nissan builds at the site and talked about a government package of incentives which could be up to about £80 million. you say this is not about brexit, it's a commercial decision, people, they find that difficult to relate to the kind of big investment that the company's made in sunderland. if you put that money into sunderland, why then take one of the vehicles you promised to build there and decide to build it home injapan build there and decide to build it home in japan instead? the x-trail they were going to make, is a small model in terms of the number they sell. they don't sell very

nissan has released its twenty eighteen results and it's a worrying picture for the japanese carmaker question looming over the company the future of its alliance with french car manufacturer. partnership was put together by former chairman and c.e.o. carla scone a man we now sits in a tokyo jail. the relationship between the two car makers has never been easy and with going out of the picture it stands to get worse nissan c.e.o. who rode to a psychologist said tuesday that maintaining the alliance is his priority but he suggested nissan wants more parity in the relationship what's called a moment and a couple for you because i don't think the alliance is something which becomes valuable just because parties are tied together by a contract or are set up as a holding company is in a cut you'll visit a customs official it should be something which stands on a principle of mutual respect of our independence. we're going to do through and through that we build a win win relationship and maximize the effect of synergy we've been able to confirm it she as you'll take us to each side how wil

dani burger with more. 7:30 in london we get nissan sales today.eard quarter results will be closely watched, not just for the fallout with the carlos ghosn scandal. sluggish sales, will we see them in the u.s.? thursday, we will hear from renault. is goingman of renault to japan, he announced that this morning. we get financial widening from the scandal? that is going to be in focus. thes not the only headwind carmakers face. we have trade headwinds coming in, u.s. delegates in beijing today. where will that put us? will that continue to hurt sales? it will be interesting to see what the executives say. there are troubling signs in china, have car sales peaked? i have the monthly sales figures for china. you can see last year six months in a row figures declined, that means in 2018 this was one of the first drops in annual sales in at least two decades. ford's main, partner in china said trump that might have fallen as much is 93%. that is because of this potential slowdown we are seeing. manus: dani, thank you very much. is our european guest hos

rode to a psychologist said tuesday that maintaining the alliance is his priority but he suggested nissan wants more parity in the relationship once company are coming on. i don't think the alliance is something which becomes valuable just because parties are tied together by a contract or are set up as a holding company cuts you will reserve customisation it should be something which stands on a principle of mutual respect of our independence. we're going to do since through that we build a win win relationship and maximize the effect of synergy we mean because she has you'll take a. psychology will meet his counterpart at renault john dominic later this week in japan for only their second meeting the french carmaker owns a forty three percent stake in nissan compared to nissan's fifteen percent stake in renault guns arrest came amid reports that he was trying to turn the alliance into a merger it was you apologized again for the scandal on tuesday it will continue to dominate headlines and bottom lines nissan says it may still owe go on his compensation for twenty eighteen. so where to

injapan, the former head of nissan injail.icated elements in this but i do not think that, if you can pick it, even the company says part of these has to do with the brexit negotiations and it shows how complicated and messy it is. this is just one company securing the future in the uk and you can imagine, conversations about how to secure jobs and the present in the uk. when you think about the timing, today ‘s articles are about what greg clark had to say in parliament at the eu andjapan had to say in parliament at the eu and japan have just ratified the new trade deal and the movement of cars and parts across eu and japan will be almost tariff free in the month a head but if the uk were to leave the eu without a deal, that would not be the case with japan unless they do a new deal. yesterday angela merkel was injapan new deal. yesterday angela merkel was in japan talking new deal. yesterday angela merkel was injapan talking to shinzo abe, saying let's hope things will work out. they were talking about very concrete things t

the x—trail will instead be built in nissan's home country, japan. says a few factors are to blame, including lower demand than forecast for the x—trail and new vehicle emissions standards in europe. sales of diesel vehicles in the eu fell last year by 1796. sales of the x—trail were also down sharply, falling by 24% in europe. as nissan exports 80% of its uk output, what happens abroad affects sunderland. as well as the commercial factors that have led to this decision, nissan has also said the continued uncertainty about the uk's future relationship with the european union is not helping it plan its future. big businesses tend to stay out of politics so the company's choice to highlight brexit means it's clearly a concern in the minds of executives. the car industry has long been worried about potential changes to trading rules after the uk leaves the eu. well, it's devastating news for our city and the region. any loss of future production at the plant makes it less stable, but i can't say i'm that surprised. you know, the uncertainty around brexi

compared to nissan's fifteen percent stake in renault goans arrest came amid reports that he was trying to turn the alliance into a merger it was psycho apologized again for the scandal on tuesday it will continue to dominate headlines and bottom lines nissan says it may still owe go on his compensation for twenty eighteen. and that's her business update thank you so much for watching. great evil something new indeed. bringing you stories cross the major stories that shape our world. news africa. once upon a time there was a young girl. with a burning ambition. to become a conductor. i was a very curious child and very excited and in love with music and i knew he would go to concerts with my parents and. the urn for being on stage with the musicians and being part of that magic wasn't difficult from the first girls she was told don't become conductors but this girl got other ideas and one day she really did become a world famous conductor i'm looking to the bank . lamaist to. start feb eighteenth on t.w. . this is news africa coming up in the next fifteen minutes some people will think

nissan has released its twenty eighteen results and it's a worrying picture for the japanese carmaker it claims a forty five percent drop and bottom line profit for the first nine months of its fiscal year on weakening global demand and there's a bigger question looming over the company the future of its alliance with the french car manufacturer the partnership was put together by former chairman and c.e.o. carla scone a man we now sits in a tokyo jail. the relationship between the two car makers has never been easy and with going out of the picture it stands to get worse nissan c.e.o. who wrote to a psychologist said tuesday that maintaining the alliance is his priority but he suggested nissan wants more parity in the relationship what's called them on how to cope with all that i don't think the alliance is something which becomes valuable just because parties are tied together by a contract or are set up as a holding company within the tool is there is a customs issues that should be something which stands on a principle of mutual respect of our independence. we're going to do so an

nissan set to unveil its first results. the future going to be going into the stretch for nissan. taking a look at how the stock has fared over the past year -- in lost over 18%. losses accelerating towards the end of 2018. aside from the drama, the carmakers suffered weak sales growth in china and the u.s.. brexit woes also a dark cloud for nissan because three of every 10 cars in the u.k. nissan expected to post lower operating profit. there is concerned that volume producers will start a price war. taking a look at the year-to-date performance of nissan, we are seeing a little bit of a pickup. mainly domestic automaker especially when number one is so big in this market. automakers here are global. market for important all of them but it is one market. >> are you seeing the gap narrow a little bit? i have noticed the expectations with net income. the gaps are years now have been quite qide. -- wide. are you seeing a narrowing of that gap? >> for sure. interestingly in his final days, carlos ghosn was focus more on renaul

compared to nissan's fifteen percent stake in renault gunns arrest came amid reports that he was trying to turn the alliance into a merger it was psycho apologized again for the scandal on tuesday it will continue to dominate headlines and bottom lines nissan says it may still owe go on his compensation for twenty eighteen. and that's her business update thank you so much for watching. a fad that because of this cutting i can't go to school. around two million turkeys children to work to help support the family. i'm skilled at the they were not hard and in the end they saw me you are not allowed to stay here anymore we will send you back. are you familiar with this. with the smugglers would lie and say. what's your story. on what numbers of women especially in victims of violence. take part and send us your story. we are trying always to understand this new culture. you are nothing visitor not the guests you want to become a citizen. in for margaret's your platform for reliable information. seen well. roger allow fleeting glimpses over. the subcontinent economics has made them billionai

falling diesel sales behind this decision from nissan, saying it will not affect jobs decision from nissanar injapan, the x—trail. making the car injapan, the x-trail. a lot of cities in europe are going to ban diesel, barcelona and madrid and paris. so nissan have taken the view that potentially the future of motoring in the uk or in europe is not diesel cars and they have decided to keep all their production consolidated injapan and not come to the uk. his brexit a factor? it probably is in that the eu andjapan factor? it probably is in that the eu and japan already have a free trade deal so they will be able to ship those cards into the eu without any tariffs. we don‘t know what will happen with brexit. that is probably in the back of their minds. but the main reason is probably because a third of diesel sales have fallen in a year and that trajectory continues to go down. speaking of another vehicle that could be reaching the end of its life, the air thus, the double—decker jumbo built by life, the air thus, the double—deckerjumbo built by airbus. lots of customers in the middle east b

as nissan exports 80% of its uk output, what happens abroad affects sunderland.the commercialfactors affects sunderland. as well as the commercial factors that have led to this decision, nissan has also said it will continue with uncertainty about the uk's uncertain relationship with the eu which is not helping it plan its future. big menaces tend to stay out of politics... choice to highlight brexit means it's clearly a concern. the car industry has long been worried about potential changes to trading rules, after the uk leads the eu. its devastating news for the city and for the region. any loss of future production at the plant makes it less stable, but i can't say i'm that surprised. the uncertainty around brexit is always a factor now in any decisions made in manufacturing. after reassuring nissan in 2016, ministers hailed the you company's original decision. today there is disappointment. it's a significant blow, because this was a piece of really good news, and expansion of over 700 jobs in one of our most successful plants. i've worked hard, the workforce

nissan had announced back in late 2016 that the plant would come to the uk.deteriorated. a big shift away from diesels across europe has really kind of undermined the business case for the model. the car industry has long worried about potential border taxes or checks if there's no brexit deal. so, this news has been leapt on by some. we've already had bad news coming out ofjaguar land rover and redundancies. again, brexit isjust one of several factors. in the case of nissan, it's probably the largest factor, but there are others too. there's not expected to be a big impact onjobs, but the decision is a blow to uk carmaking and will concern those already worried about its immediate future. rob young, bbc news. parts of the uk are enduring the coldest night in years as the freezing temperatures continue to grip much of the country. the met office has issued warnings for ice in southern and eastern england and warned that temperatures could fall as low as —16 degrees celsius in eastern scotland. it comes after heavy snow brought widespread disruption across sou

the lead story in the ft is about nissan, the nissan retreat is a warning sign of the no—deal brexitaker who has reversed its pledge to make this new suv in sunderland. it will now be made in japan. despite that headline, it is worth mentioning that nissan mentioned brexit but they don't point the main finger at it. they say it is because of the decline in the demand for diesel cars because people have realised that diesel isn't a magic, green technology we thought it was two decades ago. it isa thought it was two decades ago. it is a rather ambiguous story. the financial times is very anti—brexit. greg clark the business secretary, who is the one who's telling theresa may this is also very anti—brexit. so, he is trying to use the nissan decision to make a point about a no—deal brexit, but the decision has come before whether we know there's a deal or not, so it can't actually be attributed to the dangers of a no—deal brexit. be attributed to the dangers of a no-deal brexit. and can you enlighten us as to why a no—deal brexit would be one of the issues? take us back —— it takes six w

and also on the show as a no deal bragg's it looks more likely japanese carmaker nissan scraps plans to build its new s.u.v. model in the u.k. . i'm stephen beard's in berlin thanks for joining us. german chancellor angela merkel was in tokyo meeting with japanese prime minister shinzo abbay in a joint press conference both stressed the importance of close trade ties and times of rising protectionism. visit comes just three days after a sprawling trade pact between the e.u. and japan came into force good friends are important especially in hard times that's why german chancellor angela merkel has been emphasizing during her visit to japan a major ally in her coal for free trade but their relationship is about more than trade. i am in japan for the fifth time now but we've met seventeen times already. and we've always worked well together even at international conferences. and we have a long friendship with twenty twenty one marking one hundred sixty years of diplomatic relations for us it's an incentive for us to work even more closely in an ever more disorderly world. for his part a

played a part in this decision. -- nissan say.greg clark said that they would not be adversely affected by brexit negotiations. where does that leave nissan in the uk and its employees? well, it‘s been a very controversial issue, because nissan were one of the first to go banging on the door of number ten and ask for reassu ra nces of number ten and ask for reassurances about their business here in the ukjust reassurances about their business here in the uk just after the referendum happen. what we have learned today is that the government promised them substantial funding towards research and development and skills up to 18 million —— £80 million. and yet the government say that that was contingent on the company might been produced here, and also the x—trail production line being produced here, —— on the qashqai being produced here and also the name, and they will have to reapply for that money. and the government has just clarified that the money would have been available for any public body to apply for and that other car manu

nissan had announced back in late 2016 that the plan would come to the uk.ted. a big shift away from diesels across europe has really kind of undermined the business case for the model. the car industry has long worried about potential border taxes or checks if there's no brexit deal. so, this news has been leapt on by some. we've already had bad news coming out ofjaguar land rover and redundancies. again, brexit isjust one of several factors. in the case of nissan, it's probably the largest factor, but there are others too. there's not expected to be a big impact onjobs, but the decision is a blow to uk carmaking and will concern those already worried about its immediate future. rob young, bbc news. stay with us on bbc news. still to come — floods in australia described as the worst in a lifetime. this is the moment that millions in iran had been waiting for. after his long years in exile, the first hesitant steps of ayatollah khomeini on iranian soil. south africa's white government has offered its black opponents concessions unparalleled in the history of

what are nissan seeing?has been brought forward by one day to reassure workers at the plant on one site today building cars. nissan has confirmed this promise future investment where the x—trail with would be built in sunderland as well as injapan will no longer happen. perhaps to the relief of some, the x—trail will only be built injapan. the work is not being taken from sunderland and put somewhere else in europe. the company says that will allow it to reduce upfront investment costs by keeping the building of the x—trail injapan but perhaps one key part of this letter, it says continued uncertainty around the uk's relationship with the european union is not helping companies like ours plan for the future. so in a sense they are partially at least blaming brexit. not totally putting it at the door of continuing brexit uncertainty but they are putting it out though that brexit is not helping, but there are other factors affecting the kindest way not just in other factors affecting the kindest way notjust in

and the top story in the uk: nissan will have to reapply for millions of pounds in government fundingr scrapping plans to build a new model in the uk. now on bbc news, live to singapore for asia business report. happy lunar new year. we look at what the year of the pig holds for the chinese economy and who will benefit. google down. the search giant's parent leaves wall street forecast, but its shares fall in after—hours trade. good morning, asia. hello, world. welcome to this tuesday edition of asia business report. i'm rico hizon. with china celebrating this festive season from today, the world's second—biggest economy has virtually ground to a halt as hundreds of millions of people travel home for the holidays. this is of course a temporary blip, but the country is dealing with sluggish growth rate not seen in almost three decades. beijing unveiled the year to prevent deeper slowdown, there are doubts about how effective stimulus will be at who will benefit most from it. robin brant reports from shanghai. this is where china's leaders think the answer to a slowing economy lies. per

let us plunge straight into the nissan brexit story.o say? this is the decision of nissan not to produce the x trail card. it will be based injapan and that has been linked to brexit. the ft has said there is new pressure to rule out no deal as the pressure builds. what the paper has is a letter that back at the time when the government was trying to basically tell nissan that things would be ok in terms of brexit and they had made lots of promises or suggestions that you would have things like frictionless trade and pointing out that the nissan decision means that theresa may is under increasing pressure to rule out no deal because lots of manufacturing jobs rely on supply chains. and if you end up with a nodal situation or even uncertainty you will see almost like this. it is interesting in this piece because they go on to suggest that greg clark was making these hints but did not go as far as to suggest that the uk would be any customs union. i do not think the government position would either be a customs union because it is toxic t

what the government did or did not promise nissan to secure that investment.mes down to the transparency issue. nicky morgan, chairman of the treasury select committee said that we should have known about this letter before i'iow. have known about this letter before now. you have only given it to us because you have come under pressure. this is really important in the whole brexit context and what is being promised to businesses and what is not being promised. yet another problem, between members of the same party again, about brexit, and the transparency around this issue. presumably this is quite the current argument in westminster, just how much the tensions exist within and between parties, and presumably that is not getting any easier, is it? no, ithink that this specific case, the reason that nicky morgan is commentating on it is that the government assured us there would be no special deal. and there have been questions over whether thatis have been questions over whether that is fair given the sum. nicky morgan and the treasury select committee, that i

and saying you have to get no deal scenario off the agenda, because companies like nissan are havingd while that is still there, the fa ct and while that is still there, the fact that we could leave on march 29 without a deal, global companies are saying they are not going to stick around. these political discussions have real—world consequences for workers in companies like nissan, for people all over the united kingdom and indeed other eu countries. what we are seeing now is japanese countries —— companies, they are voting with their feet because they came to the united kingdom to have frictionless raid, —— trade, they wanted to be inside the single market. it is not clear to them whether the uk will remain inside the single market or what the situation is. they have also taken this as a business decision around a falling off of demand further diesel cars. they do not want to produce another diesel car in the united kingdom. but they have made it clear that brexit uncertainty as part of it. we should also not rule out what is happening in the eu—japan it. we should also not rule ou

blue as a messy divorce is looming over britain and the rest of the european union japanese carmaker nissan decides to stay out of it and scraps plans to build its new s.u.v. involvement in the u.k. also coming up the german chancellor travels to japan for a two day visit both countries share strong economic ties and to believe in free markets but will that be enough to stave off trade troubles from. a new twist to food shopping for new years. i'm crystal colburn berlin good to have you. britain's divorce from the european union is scheduled to happen in less than two months the terms still unresolved and that is impacting corporate positions at japanese carmaker nissan for example with the prospect of new regulations legal standards and tariffs the company decided to shift production of its new s.u.v. model away from the u.k. to japan. the plant in sunderland produces more than half a million cars a year its new flagship s.u.v. the extra zero was also supposed to be assembled there but that has changed the japanese carmaker has shelved those plans due to uncertainty on the brakes it my rea