Last Friday was a fine day to bury bad news. Purely co-incidentally, as the UK government debt market was in turmoil, BMW announced that Oxford would no longer be “the home of the Mini” as the posters around the Cowley site proclaim. Instead, the cars will be produced in China, where energy (and, doubtless, labour) is so much cheaper. Cowley will keep making the petrol cars, but in little more than eight years, such cars will not be allowed to be sold in the UK. It would be perverse indeed to make a product that could not be sold in its home market.