News2 mins ago
Nice To See Our Strong (And Stable) Government Letting The Japanese Walk All Over It.
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'The Nissan X-Trail is a large, diesel-powered SUV of a sort Europeans have simply stopped buying in large numbers. The plan to build it in Sunderland required a new production line, but they’ve decided to use an existing one in Japan.
It is telling and interesting that they didn’t decide to use the Nissan factory in Barcelona that is only running at 40 per cent capacity, or move production to anywhere else in Europe. Given that their French CEO is in prison awaiting trial for corruption (which he strongly denies), I’m guessing Nissan isn’t feeling especially pro-EU at the moment'
Management consultant Ed Hall is a former award-winning BBC broadcaster and political campaigner
It is telling and interesting that they didn’t decide to use the Nissan factory in Barcelona that is only running at 40 per cent capacity, or move production to anywhere else in Europe. Given that their French CEO is in prison awaiting trial for corruption (which he strongly denies), I’m guessing Nissan isn’t feeling especially pro-EU at the moment'
Management consultant Ed Hall is a former award-winning BBC broadcaster and political campaigner
"Remain spin..."
Sigh... the UK is going to suffer economically in the event of a No Deal exit. That is almost certain. The only question becomes to what extent this occurs. Now, Leave supporters can, with perhaps some reasonable justification, claim that such suffering will be "worth it", in order to get what they want or what they voted for -- although note that there are divisions even within the Leave camp over whether "No Deal" is an objective worth pursuing or not. What they have no grounds to do is to insist that No Deal secures everything at once: sovereignty, economic security or even economic benefits, and superb new trading arrangements. To claim that No Deal is just winning on all counts is ridiculous and flies in the face of all the available evidence.
Here, we have investment lost from the country in part because of the uncertainty that in particular a No Deal Brexit implies. Granted, there are other factors in this decision -- the impact of Diesel regulations has played a part too -- but there it lies, as plain as day, in the announcement released by Nissan. There is no spin here.
It is notable, too, that at the time near the end of 2016 when Nissan's decision went the other way, Brexit supporters across the site were cheering and celebrating, and insisting that their decision then showed up "Project Fear" as a sham. Now they have cancelled that decision. It stands to reason that, at the very least, this complete reversal from 2016 should give decent grounds for re-evaluating that assessment.
Sigh... the UK is going to suffer economically in the event of a No Deal exit. That is almost certain. The only question becomes to what extent this occurs. Now, Leave supporters can, with perhaps some reasonable justification, claim that such suffering will be "worth it", in order to get what they want or what they voted for -- although note that there are divisions even within the Leave camp over whether "No Deal" is an objective worth pursuing or not. What they have no grounds to do is to insist that No Deal secures everything at once: sovereignty, economic security or even economic benefits, and superb new trading arrangements. To claim that No Deal is just winning on all counts is ridiculous and flies in the face of all the available evidence.
Here, we have investment lost from the country in part because of the uncertainty that in particular a No Deal Brexit implies. Granted, there are other factors in this decision -- the impact of Diesel regulations has played a part too -- but there it lies, as plain as day, in the announcement released by Nissan. There is no spin here.
It is notable, too, that at the time near the end of 2016 when Nissan's decision went the other way, Brexit supporters across the site were cheering and celebrating, and insisting that their decision then showed up "Project Fear" as a sham. Now they have cancelled that decision. It stands to reason that, at the very least, this complete reversal from 2016 should give decent grounds for re-evaluating that assessment.
The Canadians don't appear too concerned. They're shipping in! Shhhhh ....
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