According to Bloomberg today an official in Angela Merkel's government says she is relaxed about the "support and reassurances" given to Nissan. But pointedly, the unnamed official says "it reflects the British fear about the consequences of Brexit" and I think this is true.
Meanwhile on Newsnight last night a Japanese business strategist was on (see HERE) and said the Nissan decision was a "minor one" meaning that there was little new investment and he thought the company had already made the decision before June 23rd anyway. He said he would advise against any new investment until the shape of the UK (Scotand and Ireland) and its relationship with Europe was clearer.
He added that if you were thinking on investing in Europe in future you would tend to prefer the larger bloc of 27 rather than the UK.
All of this should act as a warning about the decisions being made at the moment and until brexit actually happens, many of which will impact our economy - and not for the better.
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