toyotaAll the stuff that the Brexiters have been saying about the great future is starting to go wrong and it’s 18 months until we leave the EU.

Yesterday Toyota announced that it might shift production out of the UK if it doesn’t have tariff-free access to the EU narket. In March they announced that they intended to invest £240M in the Burnaston plant near Derby but the Tories have reneged on their assurances for tariff-free access. Toyota employs 3000 staff in their two UK plants. The future will look bleak for the component manufacturers too as they will need tariff-free access too.

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