David Davis was kidding himself when he told European politicians they were powerless to prevent Britain extracting a good trade dealThe investment plans of Jaguar Land Rover are unlikely to be an loney reaction to Brexit. Last week the carmaker revealed amid a fanfare of publicity that it would be hiring 5000 extra engineers and,with less fanfare, that it would launch work on its next-generation electric car in Austria.
Very simply, or the company appears to own made a judgment that for the next two to three years the pound will remain low and,with this reduction in situation on its exports, it will profit from shifting a huge volume of diesel cars from factories in the West Midlands and Merseyside to the rest of the world.
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Source: theguardian.com