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Carlos Ghosn, Nissan’s chief executive, after talks with Theresa May at No 10 Downing Street [Image: Facundo Arrizabalaga/EPA].

Carlos Ghosn, Nissan’s chief executive, after talks with Theresa May at No 10 Downing Street [Image: Facundo Arrizabalaga/EPA].

It is exactly as Vox Political predicted.

I wrote: “It’s looking as though… Nissan was indeed offered a ‘sweetener’ deal to stay in the UK after Brexit. It seems certain that other firms will rush to secure similar assurances – that would leave the Treasury, and the hard-working UK citizens the Tories are so fond of praising, seriously out of pocket.”

And I was right:

Nissan was convinced to stay in the UK with a promise of no tariffs or extra bureaucratic burdens on the car industry after Brexit, the business secretary has finally revealed, prompting fears that sector-by-sector deals could cost the taxpayer “colossal amounts of money”.

Source: Nissan’s post-Brexit deal could lead to ‘colossal’ bills for taxpayer | Politics | The Guardian
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