Thread: Brexit (Old)
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Old 18-02-2019, 19:50   #7701
1andrew1
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Re: Theresa May must resign

Quote:
Originally Posted by Pierre View Post
Is it down to Brexit?

Or is it down to the FTA Japan just signed with the EU which means they no longer have to have a presence in the EU to sell their cars tariff free. So they can take their manufacturing back to the UK reduce costs, employ Japanese workers and boost their own economy.

In Free Trade Globalisation, there are winners and losers.

This would have happened regardless of Brexit.
If the UK had voted Remain, the chances are high that Honda would not be closing down. The UK is a far cheaper country to make cars in, has a great labour supply and has access to a market of 500m on its doorstep and free trade deals with Japan and Korea. Closing down is a loss of honour.

Theresa May seems to be undoing all the good investment that Margaret Thatcher brought into the country. Let's hope she doesn't do a deal with Jeremy Corbyn to bring pack secondary picketing in return for his support on Brexit.
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