come hither. make cars for people to live in

As they middle class is shrinking rapidly, and its former
members are now part of the great unwashed, it's
great to know that Britain is encouraging all the world
to come here to make cars.
In the last month, Nissan, Honda and Vauxhaul (GM,
the handout king) have all announced expansions.
The first reaction is joy, for the workers , even
though they got squeezed a bit.
Then I thought. Wait a sec. Maybe Just David is
using some honey to entice them hither.
today, we have the first official denial (I'll post it soon).
You know what the key internet rule regarding the
mainstream media is? If the government is seen denying
something in the media, that means it's true. We'll see.

My guess is that they've pulled some banking trick,
because the UK banks (in off-shore C of London)
are squeezing every country with debt hedges. Maybe
Dave said I'll get the banks to lay off harrassing your country
for a while, so that your country can lend you some money.
We'll see.

I like the Reuters guy who read his EU laws. He says subidising industry
is against the trade rules. Ya, well, so is subsidising banks, but I don't
see any banks handing the money back.

IshitUnot: Reuters
..Britain says GM given no special deal over Astra



By Rhys Jones

....LONDON (Reuters) - Britain said it had not offered General Motors any special treatment to persuade it to build the next generation of its Astra compact in England rather than Germany.

General Motors, which operates under the Vauxhall brand in Britain, said last week it would build the car in the UK after workers at its factory in Ellesmere Port, north-west England, agreed a new labour deal.

The decision left a plant in Bochum, Germany, run by GM's Opel arm, in danger of closure.

"It is important to be clear nothing 'special' has been offered to GM," said a spokesman for Britain's Department for Business in an emailed statement on Tuesday.

"Rather, they were simply made aware of the excellent business environment and support systems that the UK offers to all businesses."

The spokesman added it was made clear to GM that, as with other car manufacturers, it could apply to existing industry support schemes such as the Regional Growth Fund.

Separately, Vauxhall said it had not received any subsidy.

"A number of existing UK government mechanisms are in place to support the industry which any manufacturer can apply for when launching a new product," Vauxhall said in a statement sent to Reuters.

"Vauxhall Motors has not applied for government support with respect to the next-generation Astra."

Earlier on Tuesday, German news agency DPA reported that the British government may have offered GM subsidies to secure production of the car at Ellesmere Port.

It cited Wolfgang Schaefer-Klug, labour chief of Opel, as saying promises may have been made by the UK which contravene EU rules on subsidies.[AHAhaAHaahahAHaHAHAhAHAahHAHAHAHAHAHAHAHAAH. you can take that to the bank- Costick67 ]