Airbus has sent out loud warnings. BMW is saying it will shift production from the UK. Nissan has already had the book thrown at it in terms of financial sops. Now the jewel in the UK’s automotive crown is making noises about the serious financial impacts of a hard Brexit. Even the bastion of Brexit, The Daily Express, is leading on the Jaguar story with a warning.
Why? straightforward really. in the face of no European tariffs deal the cost of cars will go up and the cost of imported parts will increase.
This is not complicated economics to get one’s head around. And yet, the government; well, a few morons in the cabinet specifically, continues to be completely undecided about its Brexit strategy, never mind actually negotiating it.
This is all on the back of a wafer thin decision made by an electorate that has now largely woken up to the fact that the leavers voted on a belief that was founded on a bunch of lies.
£300+million extra a week for the NHS. Does ANYONE now believe that?
We run an Air B’nB so have continental visitors day in day out. Every single one of them, bar none, simply shake their heads in disbelief when conversation turns to Brexit.
We’re not in the Euro, so we face none off the risk that brings. Our banks service trillions of £’s of European money with no strings. We have no trade tariffs and anyone who thinks Europe will play it easy on that front should look at the Trump scenario.
We are in a brilliant position for trading with our biggest customer (and supplier).
A few sociopaths threaten the UK’s economic health through their mental health problems.
I still believe a second referendum is justified, fair and sensible.
No, not sensible. Sane.