Jim Pickard @PickardJE Chief Political Correspondent, Financial Times Jun. 06, 2019 1 min read

the usual suspects will say the Ford Bridgend closure is nothing to do with Brexit - and who knows if management will blame it today - but here’s what they warned three years ago

 https://www.google.co.uk/amp/s/amp.ft.com/content/5f20ead4-54c5-11e6-9664-e0bdc13c3bef 

Here’s the letter Ford sent to staff on the eve of the 2016 referendum:

“We have deep concerns about the uncertainty and potential downsides for our business that could arise if the UK votes to leave the European Union.”

 https://www.politicshome.com/news/europe/eu-policy-agenda/brexit/news/76373/bosses-car-giant-ford-warn-firm-could-lose-millions 

Ford has just confirmed the closure of the plant with 1,700 job losses.

Labour's @RLong_Bailey says:

“Their (Tory) leadership candidates are vying to inflict the most damaging form of Brexit, and not one of them has a strategy for the challenges facing the automotive sector."

this headline is from tonight’s Times business section


You can follow @PickardJE.



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