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MercoPress, en Español

Montevideo, December 22nd 2024 - 05:07 UTC

Stories for March 6th 2019

  • Wednesday, March 6th 2019 - 08:15 UTC

    Icon of British sports car engineering to be sold to Italian investor

    The announcement came as the company unveiled its latest Morgan Plus Six at the Geneva motor show

    British sports car maker Morgan is to be sold to an Italian venture capitalist firm. InvestIndustrial will take a majority stake for an undisclosed amount. The Morgan family, which has owned the company for 110 years, will retain a minority shareholding, with the management team and staff also keeping a share of the business.

  • Wednesday, March 6th 2019 - 08:06 UTC

    UK considering massive tariffs cut in the event of a no-deal Brexit

    Many supporters of Brexit argue that tariffs on food and other items should be scrapped in order to lower prices for consumers

    The UK government may cut trade tariffs on between 80% and 90% of goods in the event of a no-deal Brexit, reports say. Some tariffs would be scrapped completely, including those on car parts, and some agricultural produce. However, 10-20% of key products would continue to be protected by the current level of tariffs, including some textiles, cars, beef, lamb and dairy.

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