More investment into the UK by an EU company

[carmanmemoranda]

attractive combination of sectors, and better-than-expected performance of the British economy.

And a cheap pound.

Are you now denying that bit?

 

[big-all]

Cheap means weak, a currency with reduced value no strength or trust not a good place to be
when you buy cheap its a risk a punt as the system the mechanism behind it is untrusted off low value ??

 

[carmanmemoranda]

attractive combination of sectors, and better-than-expected performance of the British economy.

• BNP expects that the Bank of England (BoE) will have to increase interest rates further, but does not consider that market expectations of rate hikes to 5.75% will be met which will sap currency support.
  It also considers that the BoE is in a no-win situation.
  Even if the central bank continues to raise rates, BNP also expects that market confidence in Sterling would suffer to the perception of a long-term inflation problem.
  It adds; “Both of these developments would be GBP-negative, in our view.”
  The bank also maintains a negative stance on UK fundamentals. It adds; “We expect GBP to remain structurally weak due to UK growth underperforming its peers, remaining below-trend, and its persistent current-account deficit that requires foreign funding.”
  Overall, BNP expects that the Euro to Pound (EUR/GBP) exchange rate will trade close to 0.88 during the forecast period.

 

[securespark]

the government only had to give them a £100 million bung

Yeah, it's Leyland all over again.

Government hand-outs, then it falls through X years down the line, or they come asking for more.