Jump to content

The Consequences of Brexit [part 4]

Recommended Posts

This is the thing which most Brextremists and even many Remainers just aren't getting.

 

Modern industry (rather than trade) is highly complex and change takes time. This takes even more time when relocation is involved as moving people (or more often sacking people and hiring replacements) is not as easy as building a factory. At best it takes months but more usually years. And in the meantime productivity is greatly restricted.

 

Does anyone seriously think that the shareholders of these companies are just going to sit around watching their profits fall while they wait for the clowns in Downing Street to come up with a plan?

 

 

 

4 million parts in an Airbus 380. Tens of thousands in a Range Rover or Mini. Supply chains are global, not national. So you’re Airbus and all of a sudden the hundreds of thousands of parts you get from the UK are potentially going to incur a tariff, on each part, plus you now pay a tarriff on the parts coming into the UK to make those other parts and on top of that there will be a delay of tose parts arriving just in time for assembly because you have to get clearance each time.

 

Welcome to a nightmare. This is also the biggest value the single market has, this is why the EU leads on complex manufacturing by a country mile. Not important though, because the UK is going to compete with China, the US and the EU from now on and that will make things better somehow.

 

Soon we will see what tariffs do when iPhones and other ‘US’ tech produced in China is going to go up in price due to Trump’s nationalist agenda.

Share this post


Link to post
Share on other sites
This is the thing which most Brextremists and even many Remainers just aren't getting.

 

Modern industry (rather than trade) is highly complex and change takes time. This takes even more time when relocation is involved as moving people (or more often sacking people and hiring replacements) is not as easy as building a factory. At best it takes months but more usually years. And in the meantime productivity is greatly restricted.

 

Does anyone seriously think that the shareholders of these companies are just going to sit around watching their profits fall while they wait for the clowns in Downing Street to come up with a plan?

 

No, but what can we do? Neither the government nor MPs will listen to reason.

Share this post


Link to post
Share on other sites
Airbus leaving would be a disaster in itself, but replicated many times over would be utter catastrophe.

 

You can’t easily replace those engineering skills or the infrastructure.

 

When is this utter insanity going to stop.

 

But like brexiteers that are often reminded, Brexit hasn't happened yet.

Share this post


Link to post
Share on other sites
No, but what can we do? Neither the government nor MPs will listen to reason.

 

The factory supports 117,400 UK jobs in supply and services aswell.

 

Aston Martin and Rolls-Royce next?

 

---------- Post added 22-06-2018 at 11:54 ----------

 

But like brexiteers that are often reminded, Brexit hasn't happened yet.

 

Quite, and the damage *already* far outweighs any possible benefit!

Share this post


Link to post
Share on other sites
But like brexiteers that are often reminded, Brexit hasn't happened yet.

Companies preparing to move all or part of their business to the EU27 because of brexit is happening now though - the government haven't given them any assurances that it will be worth their while planning to stay. Having gone through all the hassle and expense of getting ready to leave they aren't going to stop just because the government does a deal that means we effectively stay in the single market.

Share this post


Link to post
Share on other sites
The factory supports 117,400 UK jobs in supply and services aswell.

 

Aston Martin and Rolls-Royce next?

 

---------- Post added 22-06-2018 at 11:54 ----------

 

 

Quite, and the damage *already* far outweighs any possible benefit!

 

But these are just threats at this stage, which is my point

Share this post


Link to post
Share on other sites

We seem to be hell bent on Brexit at whatever cost.

Current and future generations will have their sovereignty to comfort them as they wrestle with the multiplicity of issues raised by our isolation from the wider world.

I see no financial or social Brexit dividend and cannot see how any rational person can support it other than in very narrow self interest.

Share this post


Link to post
Share on other sites
But these are just threats at this stage, which is my point

 

Well you can see why they're worried.

 

The job of negotiating the "aviation deal" that will prevent UK planes from being grounded in 9 months time has only just been advertised:-

https://www.ttgmedia.com/news/revealed-dft-advertises-key-aviation-roles-just-nine-months-before-brexit-14534

 

Threats were months ago:-

https://uk.reuters.com/article/us-britain-eu-japan/japan-warns-on-brexit-we-cannot-continue-in-uk-without-profit-idUKKBN1FS1MJ

 

Now it's a dawning reality.

Share this post


Link to post
Share on other sites
No, but what can we do? Neither the government nor MPs will listen to reason.

 

It's ok, we're getting blue passports. That's the main thing.

Share this post


Link to post
Share on other sites
Companies preparing to move all or part of their business to the EU27 because of brexit is happening now though - the government haven't given them any assurances that it will be worth their while planning to stay. Having gone through all the hassle and expense of getting ready to leave they aren't going to stop just because the government does a deal that means we effectively stay in the single market.
Companies have already been doing that awhile now. And not just City-based asset and fund management outfits. They’re just not fond of advertising the fact. PR wouldn’t really cut it, in these days of ideology-led, “post-truth” shouty-shout politics.

 

For all it’s current public warnings, you can bet Airbus has long started the process of approaching and vetting EU27 suppliers as ready-alternatives to its current U.K. suppliers. That’s what it should tell the press, not the government or MPs who clearly care about it, about as far as the next GE or Sun headline goes.

 

Lest we forget:

I1L2T3's truth is no different to mine and that of so many others confronted daily to local and non-local businesses facing continuing uncertainty about 'what will happen with Brexit' since June 2016, and now out of time to wait-and-see and finally setting about implementing contingency plans that involve geeting the f out of here, jobs in tow.

 

We warned you about it in here, 'Project Fear' warned the electorate about it, businesses warned the government about it, but f all has been done to alleviate the uncertainty, which -16months on- is worsening.

 

By now it's probably too late, so all we (well, certainly I) are doing now, is just chronicling a death foretold.

11 October 2017. About 8 months later, still no better certainty, so there is no surprise whatsoever to these news. Edited by L00b

Share this post


Link to post
Share on other sites
It's ok, we're getting blue passports. That's the main thing.

 

We also now have a Union Jack on driving licenses.

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.