Remember how Brexit was going to cost jobs and investment? At times, even Leave campaigners struggled to find the confidence to persuade themselves that European companies would continue to invest in the UK, falling back instead on the argument that Brexit would provide an opportunity to attract investment from elsewhere in the world.
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How long ago all that seems now. Today, French train manufacturer Alston has confirmed that it is to build a new £20 million manufacturing plant at Widnes in Cheshire, creating 600 jobs. The plant will refurbish West Coast main line trains and be used as a manufacturing base for future trains for the UK market. Explaining why the vote for Brexit has not changed the company’s view on investing in the UK, UK managing director Nick Crossfield said: ‘Other than some of the very limited foreign exchange volatility, we have not seen any major impact to our business.
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