Euro factor stalls Honda plant

Honda's Swindon car plant will not receive another big investment because Britain's refusal to join the euro has created too much currency uncertainty, Takeo Fukui, president of the Japanese car group, told the Financial Times, May 2007. On past investment in Swindon, Mr Fukui said: 'We made a mistake. We thought the UK was in Europe but its reluctance to join the euro is a big problem.'

BBC News, 24.5.07: UK euro stance problem for Honda http://news.bbc.co.uk/1/hi/business/6688065.stm

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