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Japan/EU trade deal likely the biggest factor in Honda move from Swindon

From news.sky.com

It is tempting, when one reads stories such as the one broken by my colleague Mark Kleinman today about Honda shutting down its Swindon factory, to leap to conclusions. Within minutes of the story going live, commentators on Twitter were saying this was yet another consequence of Brexit. But while Brexit is hardly helping (we'll get to that in a second) it is worth in this case being a little cautious about putting it all down to Britain's decision to leave the European Union. For one thing, we have yet to have a formal statement from Honda, so let's reserve our final judgement for a day or two. In the meantime, ... (full story)

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  • Category: Fundamental Analysis