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He needs the approval of shareholders of three quarters of the business.
Ex-Fujitsu engineer Gareth Jenkins says sorry to Seema Misra but she says it is "too little, too late".
Some lenders are trimming rates after the Bank of England hinted about a drop in borrowing costs.
Stellantis says UK rules on electric vehicles are too tough and it may have to close plants.
The Chinese firm has filed official confidential paperwork with UK regulators, the BBC understands.

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