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At the moment I think that chaos looms over everything.

Nissan may have opted to remain and invest in their production facility in Sunderland, but everybody is asking what sweeteners were offered under the table. allthough, it's entirely possible that Nissan, seeing the pound crashing, have decided that the reduction in unit cost will offset the expense of selling into the EU.

But nbody believes the banks will do so.

Beyond that, the routine incompetence and naivity of the Govt is beginning to actually scare people. The recent revelation of theresa May's speech to Goldman Sachs about the inevitability of catastophe upon brexit has annoyed a lot of people. This is because, having been a silent partner of the remain campaign, this speech shows that she is less of a leader than a follower, keeping her counsel but allowing others to step forward. If she'd had a real idea of how to take the country forward, it's felt that she should have beeen more vocal during the campaign. However, it's at least 4 months too late to start having doubts about May's leadership qualities.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Thu Oct 27th, 2016 at 08:20:19 PM EST
As Metatone points out elsewhere, this is a 4-5 year thing. At least two and half years of the production will be done within the EU, so it's really only two  years that are in question - and probably the two years of tapering off sales for an older model.
by Colman (colman at eurotrib.com) on Fri Oct 28th, 2016 at 09:24:03 AM EST
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