"I told you so...." (pt. 94)

[MockerstheFeManist]

Bridgend plant to close.

All you Welsh Brexit voters, happy now? The days of the internal combustion engine are drawing to a close. The future is electricity and hydrogen fuel cells. The investment will go where the markets are largest and most stable.

Brexit is a lot like climate change: You cannot attribute any single economic event exclusively to it, but it means there will be more of them more often and they will be more severe.

Nissan and Toyota workers, be very afraid.

The UK should have been investing and planning new activities over the last 3 years

Actually we have - I've linked to dozens - you choose to ignore them.

Another press release today:

*The Secretary of State for International Trade, Dr Liam Fox MP, will lead major delegations to London Tech Week this week from countries as far afield as Australia, Brazil, China, Israel, Japan, Mexico, Singapore, the UAE and the US to showcase Britain’s innovative tech firms and drive investment into the UK at Europe’s largest tech summit.

Investors are expected to descend upon the capital city, representing billions of pounds of investment into the UK.

"Global tech firms including Google, Microsoft, Amazon and Facebook will join major international delegations led by the Department for International Trade (DIT) including over 300 delegates from China to participate in Europe’s largest technology gathering.They will join UK firms showcasing British innovation in smart cities technology, artificial intelligence (AI) and fintech, in an effort to attract more international investment and commercial partnerships with global firms."

"Delegates expected include businesses and government representatives from 5 cities and provinces including Beijing, Shanghai, Shandong, Shanxi and Guizhou.90 representatives are expected to attend from Australia, including 30 Australian tech start-ups, alongside over 80 delegates from Latin America and 40 delegates from North America including, Denver, Austin, Colorado and Toronto which includes senior representatives from their Boards of Trade.Some of the businesses coming as part of the delegation include LG Innotek and Chunghwa Telecoms."

The Prime Minister announced in her speech today (Monday 10 June) that the International Trade Secretary will also be responsible for leading four new regional trade missions, each focused on the Government’s Industrial Strategy Grand Challenges.

"The first four of these will take place this year and act as a catalyst for sustained international engagement on issues of trade, cutting edge research and the future of public policy with international partners around the world."

www.gov.uk/government/news/dit-leads-hundreds-of-global-investors-to-london-tech-week

Yes all good Clav, but SFA to do with Brexit, would have happened regardless.

Still copying and pasting desperately, none of these things are happening because of brexit, whilst businesses are leaving and stopping investment because of it

Or did you not read todays economic figures?

Its what makes your posts so ridiculously stupid, you link all the time to websites and information all the while studiously ignoring anything which challenges your view. Confirmation bias at its best.

Zipee
Or did you not read today's economic figures?

I did read today's economic figures - but I read this first;

German industrial production plunged the most in almost four years in April and the nation’s central bank gave a gloomy assessment of the outlook, suggesting a persistent slump in Europe’s largest economy.

Factories are at the heart of the region’s slowdown, as trade tensions, weaker car sales and cooling global demand weigh on exports.

www.irishtimes.com/business/economy/german-industrial-production-plunges-most-in-four-years-1.3918018

Of course it isnt just brexit, but for the down turn in UK economic prospects and performance it is.

You are desperate to dismiss this, snd your linking to all sorts of unconnected points shows it.

Clavinova
Much of the world is having a bad time economically, but the rest of the world isn't cutting its arms and legs off chasing rainbows (or unicorns).

Did you also not know that German industrial productions has bern very high over the last four years, due to the growing world economy? Oh why didn't the UK benefit as much?

Did you also know that German economic growth over the last 4 years ( including last year when it was the slowest rate in 5 years).

You are desperate to dismiss this

I agree there is Brexit uncertainty.

Car manufacturing output should be higher than usual in July/August - some manufacturers brought forward their annual maintenance shutdown.

And other manufacturers completed the extra orders to beat the brexit deadline im the previous quarter.

Orders for the next 3 months will be down too.