You may have heard the BBC this morning desperately spinning that a UK consortium had won a £7.5 billion order for trains for the East Coast main line. It turns out that the UK consortium members are Barclays (finance) and Laing (building the depots) but the trains come from Hitachi and are as Japanese as sake.
The losing bidder was a combination of, amongst others, Siemens and Bombardier, who run the only train manufacturing plan at Derby, the old BREL works (later ABB, then Adtranz).
The Financial Times puts a rather different spin on this story, with the headline "Japanese group in line for £7.5bn UK train order".Geoff Hoon reckons the deal creates 12,500 jobs in Britain. Anyone know how many would have been created (or retained) by awarding the contract to the Siemens/Bomardier consortium? Just askin'.