Jaguar Land Rover Continues Investing at Full Speed

Far from what the gloomsters proffer, the UK’s car industry looks like it’s shifting into top gear as Britain speeds towards the Brexit finishing line; with the announcement by Jaguar Land Rover of a new three million-square-foot distribution centre in Leicestershire, supplying to 80 markets worldwide. Fueling confidence in global Britain…

The new campus is expecting to create a sizable number of new jobs in the area and shows Jaguar Land Rover plan on having a stake in Britain’s sizable car industry for many more years to come. Remainers must be quite exhausted and tired of making wrong predictions, Guido doesn’t think they’ll give us a brake any time soon…

Andrex Pooh-Poohs Brexit Scare Stories

Guido is disappointed to report that post-Brexit, readers will not have to resort to using copies of The New European when they go to the loo; as beloved toilet paper company, Andrex, have flushed away remainers claims that Brexit will limit supplies. Britain’s global roll will only be enhanced outside the tearable EU…


The 77-year-old number one number two company confirmed that “nearly all” of their product is manufactured in the UK, and they have strong contingency plans to ensure supplies roll on, “whatever the outcome of Brexit may be.” Guido looks forward to taking apart future remainer fake loos…

Jacob Rees Mogg Rides The #DespiteBrexit Waves

With this week’s impressive wage growth and employment figures, Guido thought it was time for a handy #DespiteBrexit compilation. And who better to present it than JRM…

Magners: Now is a Good Time to Switch to Britain

Irish cider and beer maker C&C Group, whose brands include the Magners and Bulmers ciders, as well as Tennants lager, said it will seek admission to London’s FTSE and discontinue its Irish stock market listing, simultaneously switching its financial reporting from euros to sterling from October 7, the company announced this morning. The company will cancel its listing in Dublin, despite Brexit…

UK Pay Soars as Jobs Boom Continues, Despite Brexit

New jobs figures released today by the ONS show average pay leaping to a growth rate of 4% in the last year, the fastest increase in over a decade, and twice the rate of inflation. Unemployment continues to tumble, seeing its lowest levels in 45 years, and the last year saw over 300,000 more full time jobs than a year ago. All despite Brexit…

UK Economy £26 Billion Bigger than Previously Calculated

New ONS methodology revealed today has shown the UK economy is actually £26 billion larger than economists previously thought, having revised up 2016 GDP growth by 1.3%. Surely the biggest #DespiteBrexit story of them all.

The new methodology focuses on costs faced by businesses, it also changes the way assets such as buildings and machinery are measured, giving “significantly improved estimates of how money moves around the UK economy”. There’s also good news for Gordon Brown’s legacy, as the new figures show the recession tanked the economy by a mere 6%, not the 6.3% previously thought…

More International Students Coming To Study In Global Britain

As students received their A Level results this morning, Universities Minister Jo Johnson announced that this year more international students are coming to study at UK universities. Despite that nasty Brexit…

Derby Trainmaker Wins £2.3 Billion Cairo Monorail Contract

Fears over the damaged Whaley Bridge dam this week haven’t left the people of Derbyshire with much to cheer, particularly during unwanted visits from the Labour leader. At least they’ve now got some positive economic news that Derby-based train manufacturer Bombardier have won a £2.34 billion contract to make trains for the Cairo monorail, beating off Pharoah-cious competition from Chinese and Malaysian firms. Remainers still in de-Nile while Bombardier’s own Project Fear warnings get confined to the tomb of history…

It comes less than a week after Hitachi Rail announced a £400m investment in their County Durham plant. The good news just keeps Tutan-khamin’…

UK Set for Record August Flight Departures Despite Brexit

Despite the incessant doom and gloom from Remainers about Boris and the low pound – now it suits their agenda, at least – the UK’s aviation market is still set to soar to new heights this August. Departing seats from UK airports are set to rise to their highest level of 17.3 million in August this year, up from 17 million last year. The low pound is catching commentators at the gate, holidaymakers are just getting on board and taking off…

Capacity is taking off at airports across the UK, with all but three airports soaring. The only airports braced for a fall were Stansted, Glasgow, and Belfast due to their heavy reliance on Remainiac-led Ryanair. If only Michael O’Leary spent less time moaning about Brexit and more time sorting out his business…

UK Fintech Growth Hits Record High Despite Brexit

UK fintech growth is at record levels this year: UK fintech startups have already managed to secure £2.34 billion of investment in the first six months of 2019 – despite the expectation that Brexit would happen in March. The sector is well on course to smash last year’s record of £2.66 billion.

It comes just after yesterday’s ONS figures showed wages rising at 3.6%, the fastest rate since 2008, while unemployment is at a 45-year low and inflation is steady at its target of 2%. Still waiting for Osborne’s “immediate and profound” economic shock…

Aston Martin Boss: I’d Rather No Deal Than Drag Negotiations On

Remainers were busy laying into a recent article on CapX after it suggested that many businesses would actually “prefer the certainty of some short-term disruption for which both sides are now much better prepared, than continued dithering with no idea what will happen next.” No real-world boss could possibly be stupid enough to want that, obviously…

Except, err, the CEO of Aston Martin who just yesterday said exactly that:

“I’d rather leave with No Deal than drag negotiations on… Every time we have to prepare to leave it ties up working capital and brains on something that may or may not happen…

“First and foremost I think we now need certainty. I think business was pretty clear that it would prefer a deal with free trade with Europe, and it is true we are looking at a cliff-edge without one, but at this stage a decision is better than no decision.

“It’s not great, but we have modelled No Deal and run the scenarios. What we find harder to work with is goalposts that keep moving every six months. We need an outcome, and the truth is that we have debated our negotiating tactics in public, while the EU27 have worked with consensus and executed their negotiations brilliantly. Our Brexit strategy has been laughable.”

Just last month Aston Martin opened a brand new plant in South Wales which will eventually create over 3,000 jobs in local businesses and the supply chain. They’re also on the verge of securing a fresh £68 million in investment. Despite Brexit…

Japanese Telecoms Giant Opens Global HQ in London

The Japanese Government have been doing their best to stoke fears over No Deal, the foreign minister threatened both Hunt and Boris over it last week. Meanwhile Japanese businesses are just getting on with investing in the UK. Japanese telecoms giant NTT Corporation has announced that they’re opening a new global HQ for their international subsidiary in London. NTT Corp has an annual revenue of over $100 billion a year and currently employs 40,000 people. The new London-based subsidiary merges three companies into an $11 billion business. Hardly running scared of a No Deal Brexit…

NTT Corp President and CEO Jun Sawada said their commitment to the UK remains “extremely strong” and that they made a “deliberate decision” to choose London after considering several locations:

“It has many benefits, including a stable economy, wealth of skills and talent, diversity in population and thinking, strong infrastructure, schools and housing for global talent moving to the city. In short, it’s a great city to live and work in, and we’re excited that we are making it the home for our new business”.

None of which is going to change after the UK says sayonara to the EU…

Heseltine: UK “Economy Is Doing Significantly Better Than You Might Hope”

Lord Heseltine has been doing the media rounds yet again this morning as broadcasters scrape the barrel to generate ‘blue-on-blue’ content now the Soubries of this world have jumped onto their own sinking ship. Not that Heseltine is making any effort to be ‘blue’ any more after publicly endorsing the Lib Dems over the weekend. Will the Remainers in CCHQ be expelling him from the Party like they threatened to do with anyone who backed the Brexit Party?

When challenged about the UK economy outpacing EU countries like Italy and even Germany, Heseltine’s mask entirely slipped:

“This country’s economy is doing significantly better than you might hope.”

Remainiacs literally admitting that they wanted the economy to be doing worse to punish voters for their democratic choice.

The former pro-Euro campaigner also claimed that the strong economic performance was in part because “the Government is of course continuing to live on borrowed money” which doesn’t quite make sense as an argument given that the deficit has tumbled to its lowest level in fifteen years. Despite, of course, Brexit…

Last Quarter’s Real Wages Up, Employment Up, Despite Expectation of Brexit

New figures released by the ONS this morning reveal that wages this quarter are well up on what they were last year, despite the quarter having been expected to end with the UK leaving the EU. Excluding bonuses, employees have seen wages rise by 3.3%, an inflation adjusted rise of 1.5% compared with a year earlier…

Meanwhile the UK employment rate was estimated at 76.1% rising from last year’s 75.6% and the joint-highest figure ever recorded. Unemployment has continued to fall, now at 3.8% it’s the lowest this country has seen since 1974. All despite Brexit…

UK Economy Grows 0.5% in Q1, Faster Than Eurozone

The ONS has released its latest GDP figures and the UK is up at a healthy 0.5% growth for Q1. Business investment was also up 0.5% q/q, while manufacturing growth surged to the highest in three decades at 2.2%. The Eurozone could only manage 0.4% GDP growth…

EU Slashes German Growth Forecasts to 0.5%

The EU’s latest official figures have been published today, slashing the previously predicted German growth rate of 1.1% to just to just 0.5%. Out of the ‘big four’ large EU countries, the UK is joint first with France, both countries growing 1.3%. Germany is languishing on 0.5% and Italy barely has its head above water on 0.1%. This isn’t what we were told was supposed to happen…

UK Still Top Foreign Investment Destination in Europe in 2018

The latest OECD figures show that the UK has held on to its top spot in Europe for Foreign Direct Investment yet again – only the US and China surpass the UK globally. The UK’s inward investment stock totalled $1.89 trillion by the end of 2018. More than double Germany’s $920 billion – in fact it’s more than Germany, Spain and Poland combined…

Liam Fox blasts “those who would talk down Britain’s economic performance” saying that they’ve beenproven wrong once again”. It comes on top of EY revealing earlier this month that the UK has now also become the world’s most attractive destination for M&A activity, overtaking the US for the first time. So much for George Osborne’s warnings about foreign investment collapsing after a vote to Leave…

UK Overtakes US as World’s Top Investment Destination

EY’s annual corporate deal-making report published today has revealed that the UK has become the top investment destination in the world for the first time in the report’s 10-year history. The UK overtook the United States, which has held the top spot since 2014…

The report notes that there have been a number of high-profile investments in Britain over the past year, including Comcast’s purchase of satellite broadcaster Sky for £30 billion and Coca-Cola’s takeover of Costa Coffee for £4 billion. The UK’s performance is at odds with the global slowdown, with the IMF last week cutting its global growth forecasts…

Global vice chair at EY Steve Krouskos said that Britain remains an “open environment for foreign investors”, reinforced by the English language, a skilled workforce, and a strong technology base. None of which will change with Brexit…

UK Happiest Ever Despite Brexit

The latest edition of the World Happiness Rankings were published yesterday to mark World Happiness Day. Despite the relentless doom and gloom stories from the Remainer media and bitter Blairite politicians who still haven’t come to terms with the fact that the majority of the country doesn’t agree with them any more, the UK has actually climbed up to its highest ever position in the rankings, taking the 15th spot, just ahead of Ireland, Germany, Belgium and the US. Cheer up Remoaners, there’s nothing scary about being a self-governing country…

Government Borrowing Lowest It Has Been In 17 Years

New ONS figures released this morning reveal that borrowing in the current financial year was £23.1bn, £18bn less than a year before. Still no sign of that Leave vote-induced debt explosion…

Helping the good news was the fact that retail sales have risen unexpectedly strongly this month, showing consumer confidence remains high despite predictions from the experts.[…] Read the rest

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Peter Mandelson tells Emma Barnett…

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