-:Undertaker:-
27-10-2016, 10:30 AM
http://www.bbc.co.uk/news/business-37786467
Britain's Economy grows by 0.5% in Q3 exceeding expectations
http://i.telegraph.co.uk/multimedia/archive/02228/flag_2228719b.jpg
791559300355358720
791567352567595012
791566136441577472
The UK economy grew faster than expected in the three months after the Brexit vote, official figures indicate, helped by strong service sector growth.
The economy expanded by 0.5% in the July-to-September period, according to the Office for National Statistics.
That was slower than the 0.7% rate in the previous quarter, but stronger than analysts' estimates of about 0.3%.
"There is little evidence of a pronounced effect in the immediate aftermath of the vote," the ONS said.
Welcoming the figures, the Chancellor of the Exchequer, Phillip Hammond said: "The fundamentals of the UK economy are strong and today's data show that the economy is resilient."
The economy was boosted by a strong performance from the services sector, which grew by 0.8% in the quarter.
Nissan announce new Sunderland car plant expansion
http://www1.pictures.zimbio.com/gi/Nissan+Car+Manufacturing+Plant+Sunderland+C4pUnjJB gXHl.jpg
791577728717914112
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Nissan Motor Company Ltd. today announced, following its Executive Committee meeting, that it will produce the next Qashqai and will add production of the next X-Trail model at its Sunderland, U.K. Plant.
Nissan’s decision follows the U.K. government’s commitment to ensure that the Sunderland plant remains competitive. As a result, Nissan will increase its investment in Sunderland, securing and sustaining the jobs of more than 7,000 workers at the plant.
“I am pleased to announce that Nissan will continue to invest in Sunderland. Our employees there continue to make the plant a globally competitive powerhouse, producing high-quality, high-value products every day,” said Carlos Ghosn, Chairman and CEO of Nissan.
“The support and assurances of the U.K. government enabled us to decide that the next-generation Qashqai and X-Trail will be produced at Sunderland. I welcome British Prime Minister Theresa May’s commitment to the automotive industry in Britain and to the development of an overall industrial strategy.”
Nissan’s Sunderland plant opened in 1986 and has produced almost 9 million cars since. One in three British cars are produced in Sunderland, which is the UK’s largest car plant of all time. In addition, 80% of production from Sunderland is exported to over 130 international markets. More than 2 million Qashqai’s have been built in Sunderland in less than 10 years. In addition to the 7,000 direct employees at Sunderland, the plant supports a further 28,000 British automotive supply chain jobs. To date, Nissan has invested more than £3.7 billion in Sunderland.
I think it says it all really, doesn't it? Good news all round.
As Michael Gove MP said: we've had enough of experts. A coin-toss would be more accurate.
Well done to those of us on here and around the country who used brains & common sense than believing habitual liars.
Thoughts?
Britain's Economy grows by 0.5% in Q3 exceeding expectations
http://i.telegraph.co.uk/multimedia/archive/02228/flag_2228719b.jpg
791559300355358720
791567352567595012
791566136441577472
The UK economy grew faster than expected in the three months after the Brexit vote, official figures indicate, helped by strong service sector growth.
The economy expanded by 0.5% in the July-to-September period, according to the Office for National Statistics.
That was slower than the 0.7% rate in the previous quarter, but stronger than analysts' estimates of about 0.3%.
"There is little evidence of a pronounced effect in the immediate aftermath of the vote," the ONS said.
Welcoming the figures, the Chancellor of the Exchequer, Phillip Hammond said: "The fundamentals of the UK economy are strong and today's data show that the economy is resilient."
The economy was boosted by a strong performance from the services sector, which grew by 0.8% in the quarter.
Nissan announce new Sunderland car plant expansion
http://www1.pictures.zimbio.com/gi/Nissan+Car+Manufacturing+Plant+Sunderland+C4pUnjJB gXHl.jpg
791577728717914112
791586181377122304
791579123818823680
791589403709870081
Nissan Motor Company Ltd. today announced, following its Executive Committee meeting, that it will produce the next Qashqai and will add production of the next X-Trail model at its Sunderland, U.K. Plant.
Nissan’s decision follows the U.K. government’s commitment to ensure that the Sunderland plant remains competitive. As a result, Nissan will increase its investment in Sunderland, securing and sustaining the jobs of more than 7,000 workers at the plant.
“I am pleased to announce that Nissan will continue to invest in Sunderland. Our employees there continue to make the plant a globally competitive powerhouse, producing high-quality, high-value products every day,” said Carlos Ghosn, Chairman and CEO of Nissan.
“The support and assurances of the U.K. government enabled us to decide that the next-generation Qashqai and X-Trail will be produced at Sunderland. I welcome British Prime Minister Theresa May’s commitment to the automotive industry in Britain and to the development of an overall industrial strategy.”
Nissan’s Sunderland plant opened in 1986 and has produced almost 9 million cars since. One in three British cars are produced in Sunderland, which is the UK’s largest car plant of all time. In addition, 80% of production from Sunderland is exported to over 130 international markets. More than 2 million Qashqai’s have been built in Sunderland in less than 10 years. In addition to the 7,000 direct employees at Sunderland, the plant supports a further 28,000 British automotive supply chain jobs. To date, Nissan has invested more than £3.7 billion in Sunderland.
I think it says it all really, doesn't it? Good news all round.
As Michael Gove MP said: we've had enough of experts. A coin-toss would be more accurate.
Well done to those of us on here and around the country who used brains & common sense than believing habitual liars.
Thoughts?