Economy grows by 0.5%, trade deficit cut by £1.1bn, unemployment down and Nissan will produce two new models to Sunderland

The UK's economy grew by 0.5% in the quarter following the EU referendum vote.

Prior to the vote the Treasury put out a -0.1% growth figure to try and convince voters that Brexit would result in global economic apocalypse as part of Project Fear's failed propaganda war.

Since the referendum £1.1bn has been knocked off the trade deficit as imports have declined and exports have increased prompted by the weak pound. Around 10,000 more people are in employment than before the referendum, the Canadians are setting up a new trade office in the UK to boost trade and Nissan has announced more investment in its Sunderland plant which will build two new models, securing 7,000 jobs and creating hundreds more in the next few years.

Whilst even the BBC grudgingly reported the 0.5% economic growth - albeit with a reminder that economic growth was 0.7% in the quarter before the referendum - the left wing, pro-Remain Independent reported the good news as "UK economy growth has dropped by almost a third after Brexit". Only a left wing rag like the Independent could put such a negative spin on something so positive!

Nissan's legal action against Vote Leave is being exaggerated and misrepresented by the Remain campaign

The Remainiacs - the media included - are reporting that Nissan is suing Vote Leave for claiming that they support Brexit in referendum leaflets. This isn't true.

Vote Leave hasn't claimed that Nissan is supporting Brexit, merely that Nissan has said it will continue to invest in the UK regardless of the result of the referendum. Nissan's stated position is that they support neither campaign, would prefer us to stay in but will not be reducing their investment in the UK when we vote to leave the EU. They have said that they will have to consider future investments on a case by case basis.

Here is the part of the leaflet they have a problem with:

It doesn't say or imply that Nissan supports Brexit, merely that they are one of the many companies who have said that they will stay. Which they have.

We are a global business with a strong presence in Europe. We have a rich heritage in the UK with 30 years of manufacturing and engineering presence, and remain committed to building and engineering cars in the country.

[...]

While we remain committed to our existing investment decisions, we will not speculate on the outcome nor what would happen in either scenario.

Furthermore, Nissan is not suing Vote Leave in the commonly understood meaning of the term, they are seeking a High Court injunction to prevent Vote Leave from using their name and logo without their permission and from (in their opinion) misrepresenting Nissan's position. Whether Vote Leave has a right to use Nissan's name and logo to illustrate the fact that Nissan won't be leaving the UK if we vote to leave the EU is for a judge to decide but such use of names and logos in political leaflets during an election are generally considered fair use so it's hard to see why this wouldn't be. There are specific exclusions in UK copyright and trademark law for reporting news and who could argue that this leaflet isn't reporting the news that Nissan (amongst others) has said that they will stay in the UK when we leave the EU?

Nissan say that they have asked Vote Leave to stop using their name and logo but they have continued to do so. This is similar to NHS England who told Vote Leave to stop using the NHS logo on their leaflets. Vote Leave stopped printing leaflets with the NHS logo but the leaflets that have already been distributed are out of Vote Leave's hands. I know for a fact that they are still being delivered by people who don't work for Vote Leave months after printing of that version of the leaflet was stopped. No doubt that is the case with this leaflet that was printed some time ago.

If Nissan has asked Vote Leave to stop using their name and logo then of course Vote Leave should respect their wishes unless they believe that doing so is fair use. If companies were allowed to prevent their names and logos being used when reporting news that would allow them to suppress any bad news coverage which is clearly not in the public interest.

The case is a frivolous one in any case as they aren't seeking a hearing until Monday when the referendum will be over and the company behind Vote Leave will have already started winding itself up. The timing of the announcement - four months after Nissan say they asked Vote Leave to stop using their name and logo and three days before the referendum date - is suspicious to say the least and is most likely a Remain campaign stunt to try and discredit the Leave the campaign.

Boeing decides to build European HQ in London irrespective of EU referendum result

Aerospace company Boeing has announced that it will locate its new European headquarters in London regardless of the result of the EU referendum.

The pro-EU lobby have been trying to convince voters that leaving the EU will cause companies to leave the UK and put jobs at risk but are finding the job difficult as big business keeps on committing investment in the UK.

Car manufacturer Toyota announced earlier this year that it is committed to the UK for the long term in response to claims by pro-EU campaigners that they would pull out when we vote to leave the EU. Nissan also confirmed last year that it intends to stay in the UK, describing its plants in the north east of England as possibly the most efficient car manufacturing plants in Europe.

The UK is the world's fifth largest economy, big business isn't going to abandon us because we leave the EU.