As a backdrop to US car company Ford closing their plants in Dagenham and Southampton — with the lost of 1,400 jobs — George Osborne okayed a EU loan to help them move production to Turkey, the New Statesman’s Rowenna Davis pointed out earlier today.
The decision to close the two UK plants caused outrage when it was announced last month, not least because MPs and BIS seemed to know nothing about the decision until it was announced. But now it seems that Ford have been granted an £80m loan to build a new transit van in Turkey, by the European Investment Bank — on the board of which George Osborne sits.
This, presumably, is the same George Osborne who in regards to the EU budget negotiations said last week:
“We’re not going to accept a deal that’s not good for Britain. There’ll be a simple choice, deal or no deal. We’ll only do a deal if it’s good for Britain.”
Scrapbook isn’t sure how paying Ford to export British jobs abroad constitutes “a good deal for Britain”.