Thursday 21 June 2018

Brexit reality

Through the referendum campaign and since the result, any suggestions by economists or journalists that companies might leave the UK as a result of Brexit or its various flavours of eventual end games, were met with calls of "project fear", indeed any negative story was project fear, with the Brexiteers talking of cake and eating it, sunlit uplands, the easiest deal in history and nothing but win/wins.

The reality has been somewhat different.

Of course there wasn't a sudden cliff face, ut a trickle of jobs leaving for the EU27, so slow you could almost pretend it isn't happening. But Jaguar Land Rover enacting their back up plan to make the new Crosslander in the EU rather than in the UK was a worrying event. Doubly so if you work for them or for a company in their supply chain.

Today Airbus stated it would have to look at UK investments and leave the UK in the event of a no deal. Te thousand highly paid manufacturing jobs at risk there.

Meanwhile job centres have been telling those looking for work, picking fruit is more fun that you would think.

Interest rates are going to rise in the next month, putting more pressure on those of us with mortgages, meaning keeping our jobs will be all the more important.

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