You're Nissan (Japanese) and want to sell cars across the EU Single Market (same laws/standards, so distribution is frictionless). So you choose to base production in North-East England employing 35,000 people. EU & Japan just signed a Free Trade deal.
UK is about to leave both.
UK is about to leave both.
Forget project fear and just use your head. What would you do if you were them?
75% of the cars go to mainland Europe.
Would you keep your factory on the opposite side of a trade barrier to where most of its cars go?
75% of the cars go to mainland Europe.
Would you keep your factory on the opposite side of a trade barrier to where most of its cars go?
Oh look! Hitachi. ANOTHER Japanese company removing thousands of planned jobs from an area of the UK that voted Leave, BECAUSE we voted leave. https://twitter.com/BBCMarikoOi/status/1085807960952004608