Friday, 25 November 2016

NISSAN - GOVT WILL NOT SAY WHAT THE COST MIGHT BE

Buzzfeed has noticed in the OBR report for the autumn statement (HERE) that government was specifically asked if there were cost implications in the deal with Nissan for the economy that the OBR needed to take account of in preparing their forecasts.

Apparently, rather than saying there were no cost effects the treasury "declined to comment". This is a bit different to the official position. I note also the EU is still waiting for details of the Nissan deal.

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