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The Spectator's Notes

Carrying cash is becoming a minority occupation like smoking

23 February 2019

9:00 AM

23 February 2019

9:00 AM

The BBC reported on Tuesday that the proposed closure of Honda’s plant at Swindon was largely caused by the prospect of a no-deal Brexit. The collapse of ‘just-in-time’ procedures would do for the factory, it said. That’s odd, I thought as I listened: why would you close a whole factory because of something that might very well not happen? Why not wait five more weeks and find out whether or not it will? Sure enough, a few hours later, Honda’s vice-president for Europe said that ‘It’s not a Brexit-related issue for us, it [the decision to close] is being made on...

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