£16m support for small businesses hit by Honda closure

Honda workers have taken their cause to Westminster in the last few months. Credit: PA Images

A £16 million programme will be launched to help automotive suppliers affected by the planned closure of Honda's car factory.

The move was announced by Business Secretary Greg Clark after he set up a task force to try to save the Swindon plant.

Support will be offered to small and medium-sized businesses (SMEs) across the country, starting with those in the Honda supply chain, who sell to the automotive sector.

Suppliers will be given advice on how to evolve their products and processes, training for specialist staff, or help on accessing business loans.

3,500 people work at the Swindon plant. Credit: PA Images
The Business Secretary has set up a task force to try and convince Honda to stay in Swindon. Credit: PA Images
Honda have announced they plan to close the Swindon operation in 2021. Credit: PA Images