Nissan

What happened to Brexit meaning the end of Nissan’s Sunderland plant?

It would have to close down its factories. Thousands of job would be lost. Suppliers would be abandoned, and the local economy would be shattered for a generation. It was sometimes a little hard to work out why a few hardcore Remainers cared quite so much about Nissan. Its range of mid-market, family SUVs were not the kind of cars they would usually be seen dead in. But somehow the company became emblematic of the whole bitter debate about how the British economy would suffer if we left the European Union. If we weren’t in the Single Market, we were told again and again, the business was doomed. So today’s news

Britain is booming – despite Brexit

After the vote for Brexit, it was often said that our departure from the EU was most likely to harm the very people who voted for it: the industrial workers of the Midlands and North. Didn’t they know that a vote for Brexit would, in itself, lead to 500,000 more job losses? Couldn’t they see that Nissan was bound to wind down its operations in Sunderland and move business to mainland Europe? Almost four years on, it’s safe to say that most of the economic doom-mongering was nonsense. This week’s figures on jobs and earnings show that, since the referendum, employment is up by one million — and it is