The Consequences of Brexit [part 5] Read 1st post before posting

[ez8004 10]

doesnt that blow out of the water one of the main myths about the whole brexit farce? that we arent allowed to sell outside of the EU?

 

Fake News!

 

On a more serious note. The government are being desperate in trying to split the EU by doing back handed deals with individual states.

[I1L2T3 10]

Jaguar Land Rover know labour is much cheaper in Slovakia than the UK. Jaguar Land Rover decided to build their new factory in Slovakia rather than Mexico because the Slovakian government gave them a big grant.

 

Yes, and as other U.K. companies look to move operations to the EU because of Brexit other countries will be queuing up to offer incentives.

 

It’s our loss. And it can’t be reversed

Edited September 12, 2018 by I1L2T3

[ads36 221]

retep

 

 

Why not?

 

because a massive chunk of our overseas (Non EU) trade is through trade agreements negotiated by ...

 

wait for it.

.

.

.

The EU.

 

we leave the EU, we leave those trade agreements. we won't get as good a deal when we're negotiating on our own.

[melthebell 865]

because a massive chunk of our overseas (Non EU) trade is through trade agreements negotiated by ...

 

wait for it.

.

.

.

The EU.

 

we leave the EU, we leave those trade agreements. we won't get as good a deal when we're negotiating on our own.

 

Nah we're that great we can have our cake and eat it

[Cyclone 10]

If the boss of Jaguar Land Rover valued British heritage more than cheap labour then the new factory would have been built in Britain and not Slovakia. The decision to build the new factory in Slovakia was made long before the EU referendum vote.

 

But now they're not just talking about a factory are they, they're talking about whether the company can remain in the UK at all.

One more business in a long line of businesses talking about, looking at, probably going to move out of the EU, taking it's employment numbers, it's revenue, it's corporation tax with it.

But blue passports!

[Lockdoctor 10]

Yes, and as other U.K. companies look to move operations to the EU because of Brexit other countries will be queuing up to offer incentives.

 

It’s our loss. And it can’t be reversed

You're missing the point which is that Jaguar Land Rover decided to build the factory in Slovakia long before the democratic people voted to leave the EU. The EU are suppose to implement harmonisation which isn't the case when EU members move factories and production to other EU countries to take advantage of cheap labour.

[Obelix 11]

Why not?

 

"UK exports to non EU countries continue to outstrip EU

UK exports of goods and services to the rest of the world were higher than UK exports to the EU for ninth year running, ONS figures published today (Tuesday 31 July) confirm."

https://www.gov.uk/government/news/uk-exports-to-non-eu-countries-continue-to-outstrip-eu

 

How are you going to get stuff into the EU to sell it if you cannot truck it there?

 

How are you going to get imported materiels back?

 

You think everything is capable of going by sea?

[Lockdoctor 10]

But now they're not just talking about a factory are they, they're talking about whether the company can remain in the UK at all.

One more business in a long line of businesses talking about, looking at, probably going to move out of the EU, taking it's employment numbers, it's revenue, it's corporation tax with it.

But blue passports!

The fact is we live in a global economy and companies will move overseas regardless of whether the UK are in the EU, if a company can gain financially from moving.

[Top Cats Hat 10]

The fact is we live in a global economy and companies will move overseas regardless of whether the UK are in the EU, if a company can gain financially from moving.

 

Yes, and for 40 years we were protected from that by being a member of a large and powerful trading bloc.

 

Most of the companies moving have made it absolutely clear that manufacturing and selling goods from outside the EU comes with so many problems (most notably duty payable in and out of EU countries) that it makes no sense to stay.

 

The Rees Moggs of this world are lying to you when they say we will boom on WTO terms. Which ever way this is resolved the fact remains that we will not get a deal as good as the one we already have.

[Cyclone 10]

The fact is we live in a global economy and companies will move overseas regardless of whether the UK are in the EU, if a company can gain financially from moving.

 

You can try to pretend all you like but a large number of companies are moving a large number of jobs (sometimes all of them) or are considering doing so, specifically because of Brexit.

This is massively harmful to the UK.

Brexit is massively harmful to the UK.

Brexit is creating the situation where it is financially beneficial for companies to move away from the UK.

 

---------- Post added 12-09-2018 at 10:02 ----------

 

You're missing the point which is that Jaguar Land Rover decided to build the factory in Slovakia long before the democratic people voted to leave the EU. The EU are suppose to implement harmonisation which isn't the case when EU members move factories and production to other EU countries to take advantage of cheap labour.

 

You're missing the point, which is that brexit is causing and will continue to cause massive, probably irreversible, financial harm to the UK.

[RJRB 688]

The fact is we live in a global economy and companies will move overseas regardless of whether the UK are in the EU, if a company can gain financially from moving.

 

That much is true ,but we have given ourselves the best chance of retaining our own industry and attracting overseas investment by providing a stable base and access to a proximate major market.

What a gift to throw away.

[Top Cats Hat 10]

What a gift to throw away.

 

Well said.

 

Brextremists seem obsessed with the fact that we were a net contributor to the EU. The reason we were a net contributor was because we were one of the top three richest economies in Europe. That was a good thing. Would they rather the UK had been one of the bottom three economies in net receipt of EU money? Would they rather have a job which meant they were paying the top rate of tax or one where they were in receipt of tax credits?

 

We were also at the top table and despite all the xenophobic nonsense about France and Germany, we had more power and influence within the EU than 90% of the other 27 nations.

 

I travel a lot and the rest of the world thinks that what we are doing is absolutely nuts!