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

Paul Dacre on the Daily Mail’s future support for Brexit…

“…what moves me most are the countless messages from readers worried about whether the Mail will continue its support for EU withdrawal. My answer to them — and others — is unequivocal. Support for Brexit is in the DNA of both the Daily Mail and, more pertinently, its readers. Any move to reverse this would be editorial and commercial suicide.”

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