bluethrunthru
Well-Known Member
Brexit Ultra's will trumpet this as proof that the problems are hitting the EU like they are the UK. However there are two issues with that. The Brexit vote was to leave the EU not enter into a mutual suicide pact with the the EU so they won't join us in trashing their own economy. Second - as I pointed out several times pre-leaving - we were cutting ourselves off from a market of 28 equal freely trading countries. They were losing one. As can be seen the French company will just stop buying materials from the UK and buy within the UK costing us GDP, the opportunity for growth and jobs. You are even seeing now on the news where UK companies are investing in an EU based logistics hub which at best means they have no money for now and no reason for now to invest in the UK operation. Some are even shutting parts of their UK operation down and laying people off. Control when you take it back can be - like Karma- a woman eh?
How French companies are also being hit hard by Brexit
Pain from EU-UK trade deal has not only been felt by British businesses and consumers
www.ft.com