The EU debate - Part II

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What a surprise! Now GlaxoSmithKline announces £275m investment and new jobs as it says Britain remains 'attractive' despite Brexit – just weeks after it warned against leaving the EU.

http://www.dailymail.co.uk/news/art...xit-just-weeks-warned-against-leaving-EU.html
I hate to piss on your ships Kustard as I know that you rarely get beyond the Daily Mail headlines but this one is worth explaining. The key line in that Daily Mail (it's always the Daily Mail with you!) article is this "the UK was still an attractive location to do business thanks to its skilled workforce and competitive tax system."

Skilled workforce: many of them are the foreigners you're so terrified of and want deported. To keep companies investing in the UK we will need to keep the scary foreigners here and probably get some more.

Competitive tax system: you'll pay for their competitive tax system. If companies pay less tax, we pay more. It's that simple.

In other news, Lloyds Bank, a company that is partially owned by the British government, is laying off 3,000 people.
 
City Airport in London has been announced bringing in 1,600 new jobs.

Fast food giant McDonald’s also said it wants to create an extra 5,000 jobs here by the end of next year with its UK chief executive Paul Pomroy saying: “We remain committed to the UK.”
 
I'm afraid I'll have to piss on your GSK bonfire too, Custard. As I pointed out yesterday, the largest part of what GSK manufactures in the UK is exported. So, with the pound doing a nosedive, yes it's good for them and all exporters.

Unfortunately, as the UK runs a huge trade deficit, there's going to be more bad news than good over the coming months
 
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