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19 February 2019

Honda closure could be devastating for small firms in the supply chain

Reacting to the announcement that Honda will close its Swindon car plant, Mike Cherry, National Chairman at the Federation of Small Businesses (FSB), said:“The planned closure of the Honda plant is not only devastating for the skilled workforce employed there, but a very worrying time for all the small businesses throughout Honda’s supply chain, and especially local firms in the surrounding area.

“Across the region there’s a huge network of businesses throughout the supply chain that will be impacted by the closure and will now be very concerned about their futures.

“From caterers and cleaners, to nearby cafes, thousands of small businesses will also rely heavily on the Swindon plant and this announcement will be incredibly unsettling for them.

“Businesses throughout the supply chain must be given guidance and be kept fully aware of the situation.”