Friday, 5 August 2016

Nissan hold plans for investment at Sunderland

Today's news was all about the Nissan car plant in Sunderland. Nissan have said that they will hold off promises of investment there until they know exactly which direction the government here is heading with Brexit.

The problem is that so many of the cars produced there are for the European market with European standards, I expect and maybe they are worried that our government will impose rules regarding that after Brexit. I doubt they have anything to fear any more than BMW need to worry about exporting their cars to England. However, their opinions must be respected and again I ask myself, what is holding up the invoking of Article 50? Surely if Theresa May was to promise to invoke that Article by the end of the year, that would give all the investors a clearer picture of the way forward.

Other news concerns the UKIP party. (United Kingdom Independence Party). Their leader, Nigel Farage has stepped down after achieving his lifetime goal of getting us out of the E.U. Now they need to find a new leader, but there are two factions in the party, one more hard-line than the other and this is causing a split.

Interesting how so many political parties have serious splits at the moment.  If UKIP can get its act together, then they could scoop up many votes from the erstwhile labour voters, but if they remain split then the party will fall apart and so, I guess, would the Labour Party.  It really is a bit of a mess at the moment.

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