Digby Jones, former head of the CBI was a Brexit supporter. Now, because an estimated 1.3 million non UK workers have left the UK since late 2019 the CBI are calling for a relaxation in immigration rules because of the shortage of workers.
Apparently there are several areas where employers are having difficulty in recruiting staff, including brick layers, welders and butchers.
The CBI, in its report does suggest that employers should take greater responsibility in recruiting workers, including a review of pay rates.
As regards Nissan, the govt reportedly agreed back in 2016 to state aid of up to £80 million to keep the factory going in the UK. They are currently wanting tens of millions for the battery giga factory.
Nissan have also managed to reduce significantly the amount of C Tax paid in the UK by an inter company transfer with their Swiss Division. Back in 2015 the company turned over £5.2 billion and made a gross profit of £441,449. The net profit was £104,469 and they paid £22,890 C Tax.
No business in its right mind would continue with such a low return. I can't work out the profit percentage because my calculator won't accept the number of 0s needed.
The reason for the transfer of ownership of all their cars made to the Swiss division is preferential rates of taxes in Switzerland and that country is in the single market for the sale of goods.
It seems to me that the country has spent an absolute fortune in grants and lost taxes in keeping Nissan in the UK. Money that could be better invested elsewhere.
Good Morning Saturday 9th May 2026



