Shocker! Siemens Stays After All

siemsns

Siemens was splashed all over the papers this morning with an announcement from CEO Joe Kaeser that ze German mega-corp was “here to stay.” During the referendum campaign, Siemens was one of the most high-profile companies to back Remain. They even threatened to leave Britain, claiming:

“This uncertainty, and threat of increased costs, could make the UK a less attractive place to do business and may become a factor when Siemens is considering future investment here.”

Did anyone swallow Siemens’ spin?

Today their CEO says with his tail between his legs: “We never said the UK is in bad shape if it leaves the EU”. Another Project Fear porky doesn’t come true…




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Quote of the Day

Keir Starmer says…

“Article 50 was triggered a year ago. I don’t think there is any realistic prospect of it being revoked. Therefore we will be leaving the EU in March 2019.”

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