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The Consequences of Brexit [Part 6] READ FIRST POST BEFORE COMMENTING

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2 hours ago, El Cid said:

I was listening to radio four about an exporter that put his goods on airfreight instead of the usual sea-freight; sea-freight takes 6 weeks and the exporter would not know what tariffs would be applied until the goods reached their destination.

 

A 10% tariff could mean he would make a loss!  Brexit is affecting exports now!

It's just another (minor) aspect of 'Project Fear' turning into 'Project Reality', as foretold and as it's been happening for the last year at least, so why be surprised?

 

There's been some recent media attention to this situation (fret in transit, ending up in regulatory limbo across the Brexit timeline), because the deadline for seaborne freight to the Far East is this Friday (anything shipped to China or wherever in that neck of the woods will arrive in April'19). But it's nothing that hasn't been previously brought up by freight operators (in and amongst so many other logistic issues), ages ago and repeatedly since. They were stonewalled by the government, as usual, and still are.

 

A similar situation currently befalls UK hauliers, each applying for 10s of ECMT permits for their fleet (to maintain UK<>EU27 haulage routes across the Brexit timeline), and getting those drip-fed in 1s and 2s. Some stoppage, maybe even redundancies, coming in for UK-based lorry drivers in a month's time, I'm afraid.

 

Feel free to extrapolate to any other field of business, which has repeatedly warned about the real-life impacts of exiting the EU abruptly, and been both studiously ignored by the UK government and branded a fearmonger by the media and the usual idiots. Companies, trade and industry experts, and their professional associations are all at the coalface, what would they know, eh?

Edited by L00b

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Brexit uncertainties and slowing growth have left UK households £1,500 worse off

https://www.newstatesman.com/politics/staggers/2019/02/brexit-uncertainties-and-slowing-growth-have-left-uk-households-1500-worse

 

This is what winning means (apparently) :loopy:

 

Edited by Magilla

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9 hours ago, Top Cats Hat said:

Yes but what does that actually mean?

 

It was an advisory referendum so there were no winners, just a measure of the level of support for leaving the EU.

 

So, the measure of support was a minority wanted to stay in the eu.

The the advice received in the biggest national poll ever was acted on.

It's not complicated.

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9 hours ago, Magilla said:

They were happy with the status quo, or certainly, didn't care enough to try to change it.

 

 

 

They probably couldn't care a fig if we were in or out.

As far as they could see the EU was irrelevant to their lives............how many of us vote for our MEP and how many know who it is?

 

All aboard the gravy train?

Edited by davyboy

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1 hour ago, Magilla said:

Brexit uncertainties and slowing growth have left UK households £1,500 worse off

https://www.newstatesman.com/politics/staggers/2019/02/brexit-uncertainties-and-slowing-growth-have-left-uk-households-1500-worse

 

This is what winning means (apparently) :loopy:

 

That's why it's important not to delay Brexit further.  We need to get on with it, so businesses and indeed everyone know where we stand. 

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1 hour ago, Magilla said:

Brexit uncertainties and slowing growth have left UK households £1,500 worse off

https://www.newstatesman.com/politics/staggers/2019/02/brexit-uncertainties-and-slowing-growth-have-left-uk-households-1500-worse

 

This is what winning means (apparently) :loopy:

 

The estimate figure was £900 worse off back in May 2018.

 

It's interesting to put that revised estimate in another context (link): reality (as estimated today), 45 days from Brexit day, is already getting close to the optmistic end (£1800) of 'Project Fear' predictions for 2020, made back in early June 2016.

Edited by L00b

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1 hour ago, Lex Luthor said:

That's why it's important not to delay Brexit further.  We need to get on with it, so businesses and indeed everyone know where we stand. 

If we go through with it families could get even poorer. Reversing Brexit could reverse the hit to family finances.

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1 hour ago, Lex Luthor said:

We need to get on with it, so businesses and indeed everyone know where we stand. 

quite possibly the wrong side of crippling trade tariffs...

Edited by ads36

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52 minutes ago, I1L2T3 said:

If we go through with it families could get even poorer. Reversing Brexit could reverse the hit to family finances.

Too late for many already. And here's the latest batch.

 

https://uk.reuters.com/article/uk-britain-eu-ford-motor/ford-told-britains-may-it-is-preparing-alternative-production-sites-the-times-idUKKCN1Q12SK

 

Quote

(Reuters) - Ford Motor Co told British Prime Minister Theresa May that it is stepping up preparations to move production out of Britain, The Times reported on Tuesday.

The automaker told the prime minister during a private call with business leaders that it is preparing alternative sites abroad, The Times said.

Ford was not immediately available for comment.

Ford, which operates two engine plants in Britain, last month said that it faces a bill of up to $1 billion (775 million pounds) if Britain leaves the Europe Union without a deal.

Ford has plants in Dagenham, Bridgend, Dunton and Halewood. That doesn't factor the surrounding ecosystem, either (UK suppliers, proximity economy, etc.).

Edited by L00b

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3 hours ago, Magilla said:

Brexit uncertainties and slowing growth have left UK households £1,500 worse off

https://www.newstatesman.com/politics/staggers/2019/02/brexit-uncertainties-and-slowing-growth-have-left-uk-households-1500-worse

 

This is what winning means (apparently) :loopy:

 

I'd love to know where they get their figures from ? My wife and I are not high earners and we certainly are not £1,500 a year worse off and non of our family or friends are either.

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2 hours ago, Lex Luthor said:

That's why it's important not to delay Brexit further.  We need to get on with it, so businesses and indeed everyone know where we stand. 

Or even better, sack it off altogether.

 

If we leave in March we will still have no idea where we stand, for years!

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I am prepared to take a hit because I can afford it only to see the ones that can’t suffer. 

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