Stellantis bosses are calling for a renegotiation of Brexit origin rules, saying the UK otherwise risks losing part of the country’s car industry
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
We kick off the day with news that UK business secretary Kemi Badenoch is set to meet with bosses from Stellantis – the maker of Vauxhall, Peugeot, Citroen and Fiat – amid concerns that the car industry will struggle to meet new Brexit rules over where parts are sourced, due to in part to a weak domestic supply chain and surging inflation.
10am BST: Eurozone CPI (final) for April
13.30pm BST: US housing starts for April
2.15pm BST: Treasury committee to question HMRC tax chiefs on abuse of tax reliefs in the UK tax system
AGMs: Deutsche Bank, Greggs, and Aston Martin
