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Old 9th Jun 2016, 19:50
  #16 (permalink)  
Chronus
 
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Originally Posted by cwatters
My main concern about leaving is the impact on the economy. Companies like Nissan and Honda set up factories in the UK because cars made outside the EU were likely to be hit with import duties (currently 10% on cars made in the USA). By making them within the EU they avoided that problem. Now 75% of the cars made in the UK are exported across the channel. If we leave the EU where will they build the next generation of Electric or autonomous cars? Pretty sure it won't be in the UK but in Spain, France or Germany. Last year we exported 1,227,881 cars. That represents a huge amount of money and jobs.

Oh and the state of the UK economy certainly affects aviation.
Yes the state of the UK economy affects aviation, but so does aviation affect the state of the UK economy. The important factor in this equation is how does the UK benefit from a foreign airline that can operate freely ( cabotage ) in the UK and everywhere else, when its profits are banked in its own jurisdiction.

Foreign corporations set up business in the UK, not to do any favours, but to make profits from selling in the UK and there are many more of these than there are UK corporations doing the same abroad. Just look at the recent events in the steel industry.

So called flag carriers are the preferred choice of their own nationals wherever they may be and no matter the price of the air fare may be.

If one has a choice of a job with a British airline and a foreign one, which would be the natural choice, all things being equal.

The enlargement of the EU does not mean more jobs, it means more competition for the jobs that there are. The EU does not create employment, it creates more employment opportunities for more people.
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