Last year and this, most of these companies had reached a point at which only a reduction in their labour costs would support continued production on their home soil.
ECONOMIST: Germany's economy
Chancellor George Osborne is raising taxes on oil production to pay for a reduction in petrol and diesel costs for motorists.
BBC: Budget fuel move 'to costs North Sea industry ?2bn'
Costs up and production static is a definition of a reduction in productivity, not an increase in it.
FORBES: The Most Crazily Absurd Economic Suggestion This Year: Retail's Hidden Potential
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