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A few minutes ago there was an intervention in Mr Hague's speech in this debate..from the MP in whose constituency the Luton Van factory is. This business as you will remember was in a total state of collapse last year..with the prospects of huge job losses, the death of another old british company was imminent.
It was saved from extinction by Renault France.
The constituency MP said an intervention of this nature by Renault was unlikely to happen in the future to save British companies... if we were outside the EU.
Mr Hague agreed and stated, and not a lot of people know this...
"the motor industry would be particularly affected, the tariff for being outside the EU trading block would be £1Billion pounds a year "
Not something I knew but worth while rememberng when people tell you there is no price to pay for pulling out of the EU. It would finish the motor industry here..including overseas giants Honda, Nissan and so on, from trading here. A lot of jobs there.
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