SMMT launches Safe Harbour Scheme to prevent insolvencies and save jobs


The Society of Motor Manufacturers and Traders (SMMT) has launched a scheme to help save jobs across the UK automotive industry and its supply chain, as firms in the sector battle the impact of the Covid-19 pandemic. The industry initiative, dubbed the Safe Harbour Scheme, allows multiple companies to come together to support critical suppliers. The scheme aims to help preserve the UK’s automotive manufacturing capability and capacity and prevent further damage to the industry and its supply chain which […]