A U.K. index of export orders rose to the highest in at least 15 years in the second quarter as a weaker pound bolstered demand for British goods in Europe and emerging markets, the Engineering Employers Federation said.
Mark Stein, manager of General Motors Co.’s Vauxhall van plant in Luton, 29 miles north of London, starts presentations with an aerial photo of the site in 1965. It shows a vast complex of buildings that employed more than 35,000 workers. He points to a small red circle in the picture. That’s where GM’s current factory is. It employs 1,500.