Far from what the gloomsters proffer, the UK’s car industry looks like it’s shifting into top gear as Britain speeds towards the Brexit finishing line; with the announcement by Jaguar Land Rover of a new three million-square-foot distribution centre in Leicestershire, supplying to 80 markets worldwide. Fueling confidence in global Britain…
The new campus is expecting to create a sizable number of new jobs in the area and shows Jaguar Land Rover plan on having a stake in Britain’s sizable car industry for many more years to come. Remainers must be quite exhausted and tired of making wrong predictions, Guido doesn’t think they’ll give us a brake any time soon…
Guido is disappointed to report that post-Brexit, readers will not have to resort to using copies of The New European when they go to the loo; as beloved toilet paper company, Andrex, have flushed away remainers claims that Brexit will limit supplies. Britain’s global roll will only be enhanced outside the tearable EU…
The 77-year-old number one number two company confirmed that “nearly all” of their product is manufactured in the UK, and they have strong contingency plans to ensure supplies roll on, “whatever the outcome of Brexit may be.” Guido looks forward to taking apart future remainer fake loos…
Magners: Now is a good time to switch to Britain
Irish cider and beer maker C&C Group, whose brands include the Magners and Bulmers ciders, as well as Tennants lager, said it will seek admission to London’s FTSE and discontinue its Irish stock market listing, simultaneously switching its financial reporting from euros to sterling from October 7, the company announced this morning. The company will cancel its listing in Dublin, despite Brexit…
New jobs figures released today by the ONS show average pay leaping to a growth rate of 4% in the last year, the fastest increase in over a decade, and twice the rate of inflation. Unemployment continues to tumble, seeing its lowest levels in 45 years, and the last year saw over 300,000 more full time jobs than a year ago. All despite Brexit…
New ONS methodology revealed today has shown the UK economy is actually £26 billion larger than economists previously thought, having revised up 2016 GDP growth by 1.3%. Surely the biggest #DespiteBrexit story of them all.
The new methodology focuses on costs faced by businesses, it also changes the way assets such as buildings and machinery are measured, giving “significantly improved estimates of how money moves around the UK economy”. There’s also good news for Gordon Brown’s legacy, as the new figures show the recession tanked the economy by a mere 6%, not the 6.3% previously thought…
Universities Minister Jo Johnson announced that this year more international students are coming to study at UK universities. Despite that nasty Brexit…
Fears over the damaged Whaley Bridge dam this week haven’t left the people of Derbyshire with much to cheer, particularly during unwanted visits from the Labour leader. At least they’ve now got some positive economic news that Derby-based train manufacturer Bombardier have won a £2.34 billion contract to make trains for the Cairo monorail, beating off Pharoah-cious competition from Chinese and Malaysian firms. Remainers still in de-Nile while Bombardier’s own Project Fear warnings get confined to the tomb of history…
It comes less than a week after Hitachi Rail announced a £400m investment in their County Durham plant. The good news just keeps Tutan-khamin’…
UK fintech growth is at record levels this year: UK fintech startups have already managed to secure £2.34 billion of investment in the first six months of 2019 – despite the expectation that Brexit would happen in March. The sector is well on course to smash last year’s record of £2.66 billion.
It comes just after yesterday’s ONS figures showed wages rising at 3.6%, the fastest rate since 2008, while unemployment is at a 45-year low and inflation is steady at its target of 2%. Still waiting for Osborne’s “immediate and profound” economic shock…
The Japanese Government have been doing their best to stoke fears over No Deal, the foreign minister threatened both Hunt and Boris over it last week. Meanwhile Japanese businesses are just getting on with investing in the UK. Japanese telecoms giant NTT Corporation has announced that they’re opening a new global HQ for their international subsidiary in London. NTT Corp has an annual revenue of over $100 billion a year and currently employs 40,000 people. The new London-based subsidiary merges three companies into an $11 billion business. Hardly running scared of a No Deal Brexit…
NTT Corp President and CEO Jun Sawada said their commitment to the UK remains “extremely strong” and that they made a “deliberate decision” to choose London after considering several locations:
“It has many benefits, including a stable economy, wealth of skills and talent, diversity in population and thinking, strong infrastructure, schools and housing for global talent moving to the city. In short, it’s a great city to live and work in, and we’re excited that we are making it the home for our new business”.
None of which is going to change after the UK says sayonara to the EU…
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