An aid package of almost £100 million is reportedly being prepared for Nissan`s Sunderland plant by the UK Government, according to the Sunday Times (2/7/00).
The newspaper says that the offer is to made at a meeting to be held soon between Nissan`s President Carlos Ghosn and the UK Government, including Prime Minister Tony Blair and Trade and Industry Secretary Stephen Byers.
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The announcement of the package comes only days after Ghosn said that the Sunderland plant was under threat due to the pound`s strength against the euro. The UK`s uncertain position on euro membership was also said to be a major factor.
