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Who else is impressed with how the UK economy forges forward unto Brexit?
Peugeot have just taken over Opel. Opel employ maybe 2000 people building Astras at Ellesmere Port. Peugeot's boss has said there will have to be more UK-sourced parts when Britain shortly becomes an insignificant, isolated, Billy No-Mates, third world debt-ridden sweatshop on the margins of the modern world.
(Those weren't his exact words but you get the gist)
"Don't part with your illusions; when they are gone you may still exist, but you have ceased to live" Mark Twain
Peugeot have just taken over Opel. Opel employ maybe 2000 people building Astras at Ellesmere Port. Peugeot's boss has said there will have to be more UK-sourced parts when Britain shortly becomes an insignificant, isolated, Billy No-Mates, third world debt-ridden sweatshop on the margins of the modern world.
(Those weren't his exact words but you get the gist)
and EU car manufacturers will be forcing UK suppliers to relocate to the EU, so what will the net effect be ?
It's clear there will be relocation in both directions but you can checkout the size of the UK market and the size of the EU market to see whether the UK industry will shrink. The UK is a net exporter of cars and components to the EU, after Brexit it will become a much smaller industry serving the UK.
However, I do agree with your comment on the UK becoming a third world debt-ridden sweatshop on the margins of the modern world.
Apologies. I bow to your superior intellect. No UK companies import anything from the EU.
Sorry about that.
There are a few. RR and BAe to name the biggest ones.
Not enough to keep a country of 60 million odd souls in the manner to which they have become accustomed though,
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