Faisal Islam Profile picture
Econ Editor, BBC. Fin crisis book @theDefaultLine .. Newsnight. Host award-winning 2016 EUref TV interviews & 2017 GE debate. United ST.

Sep 18, 2017, 13 tweets

done #LongRead 2 for #brexitforensics launch
Car industry worried: Customs conundrum cant be solved "just-in-time": news.sky.com/story/amp/brex…

1/10 Long Read seeks to see how modern car manuf can function post Brexit -this is Just-In-Time arrival of right front of MINI to right body

2/10 that "front end module" didn't exist four hours before, parts from across EU, made in diff factory, has to arrive at exactly right time

3/10 inside body to which front end module is being attached is the engine and the £400 crankshaft converts piston motion into rotational

4/10 very heavy, an expensive dumbbell! - made in France, shipped to Warwickshire, put in engine in Austria, back to Oxford, then exported

5/10 220 trucks arrive at this plant a day, 95% parts require no customs clearance, here/ plants trying to work out what happens in mar 19

6/10 CFO Mini Plant tells me key point modern car making is very low levels of stock - Brexit contingencies incl 50% inc in stocks to 4 days

7. Plant has own train station - ones in the train heading to Purfleet and the EU without tariffs, down here to Soton, China & WTO tariffs

7/10: the PM has her own Italian Job in Florence on Friday... "You were only supposed to .... or is it the "Self-Preservation society?"

9/10: ...Japanese pioneered much of this in 1980s after invite from Mrs T. Single Market modeled on car industry... news.sky.com/story/amp/brex…

10/10 Forget chlorinated chicken. During Japan trip, PM agreed to lobby EU to "lift import restrictions on food from Japan, incl Fukushima"

Full details historical, technical, diplomatic, political, robotic etc in Long Read on Brexit & cars, & Fukushima - news.sky.com/story/amp/brex…

- NB section of joint declaration on Prosperity Cooperation signed by PM and PM Abe last month on Fukushima food: gov.uk/government/upl…

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