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       #Post#: 149--------------------------------------------------
       politics
       By: Counterpoint Date: December 4, 2017, 10:19 am
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       #Post#: 186--------------------------------------------------
       Re: politics
       By: Counterpoint Date: January 12, 2019, 10:14 pm
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       The announcement by Jaguar Land Rover that it is cutting its UK
       workforce by over 4,000 workers citing continuing “uncertainty”
       over Brexit on the surface looks, on the surface, like a damming
       indictment of the entire Brexit endeavour.
       However, this may well be a case of there being more to this
       situation than meets the eye as is often the case especially in
       the current volatile climate.
       Ralf Speth, JLR’s Chief Executive, has been accused of making a
       series of poor strategic decisons which have led to the firms
       current malaise.
       Furthermore, a year before the Brexit referendum in 2015, JLR
       moved production of its Land Rover Discovery model to Slovakia.
       The Slovak government gave the firm a £110 million incentive to
       move the production from its former site in Solihull. EU rules
       prevented the British government objecting to this blatant
       poaching of British jobs. The European Commission allowed the
       grant to be given as the area the new factory is situated in is
       classed as “deprived”, therefore eligible for state support
       under its rules.
       Jacob Rees-Mogg however pointed out that Brexit would end such
       deals. Furthermore, he called for the sweetner to be
       investigated and potentially be deducted from the £39 Billion
       that Britain will give the EU as part of the Withdrawal
       Agreement.
       It is certainly true that all is clearly not as it appears in
       this case and that far from Brexit being to blame for the job
       losses it certainly would have prevented some from ever
       happening.
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