Consequences Of Brexit [Part 9] Read First Post Before Posting

[RJRB 688]

12 hours ago, Car Boot said:

Once we are free of the EU's globalising agenda we can rebalance the economy towards productive industry and manufacturing and away from unproductive labour such as speculative financial services. A modern economy cannot provide for all if it doesn't have a long term manufacturing and industrial Base. Financial services provide a quick return for the few, a form of medieval alchemy of making money out of thin air in which production has no part to play but gambling on the money markets is its essence. No wonder financial collapse is always just around the corner when a society is reliant upon this form of money speculation. There must be strict controls on the export of capital to protect our currency and economy. 

 

Pressure to increase wages is excellent news for the worker - a direct benefit of Brexit. 'Getting on your bike' to look for work was exploitative and unacceptable when Norman Tebbit demanded unemployed workers move home to seek jobs elsewhere. Then under the EU and the dreadful Single Market it became the accepted norm for migrant workers, low pay and zero hours contracts. 

 

A labour market plan for full employment, skills development and high tech manufacturing can only happen once employers are deprived of their dependency on cheap unskilled European migrants. 

The global economy is not going away and it is not an EU agenda,

It is just a fact of life and to be part of a relatively strong trading bloc gives the U.K. the best opportunity to participate in world trade or to protect our economy and industry.

 Brexit and in particular a no deal Brexit puts us in a weaker position.

Itwill become obvious that the immigrant workers that we require the most will be those prepared to work in the essential industries such as agriculture and health care.

These will be the jobs that need filling and if not,these are the services that will have the most impact if we no longer welcome immigrant workers.

 

[L00b 441]

On 18 October 2020 at 04:32, Westie1889 said:

Yes it is if businesses don’t take steps to mitigate some of the increases. We are a large business so can do that to a degree, more direct sourcing from the Asian factories, re-negotiation with EU suppliers and also potentially more sourcing from UK suppliers who may now be more competitive.

The problem is the UK’s manufacturing base is not what it could or should be, successive govt’s have failed to have an industrial policy as they chased services so hopefully this will change.
All of the above is more difficult for smaller businesses though.

(...)

The VAT regime post-Brexit should give them enough of a torrid time 

 

On the importing side, with the scrapping of the £15 exemption threshold, many EU27 OMPs are busy updating minimum order levels (>£135), and adjusting pricing for the extra form filling associated with collecting VAT for HMRC, for UK buyers from 1/1/21.

 

Edited October 19, 2020 by L00b

[alchresearch 214]

On 18/10/2020 at 00:32, Car Boot said:

The right wing of the Tory Party, 'Austerity Osbourne' and 'Cuts in benefits Cameron' supported our EU membership. These EU rich boys didn't do a lot of good for the working class. 

Yeah, a shame the generous Left didn't get into power in 2010 isn't it?  

 

Alistair Darling: we will cut deeper than Margaret Thatcher
Thinktank warns of 'two parliaments of pain' with spending slashed by 25% to repair black hole in finances

 

Quote

Alistair Darling admitted tonight that Labour's planned cuts in public spending will be "deeper and tougher" than Margaret Thatcher's in the 1980s, as the country's leading experts on tax and spending warned that Britain faces "two parliaments of pain" to repair the black hole in the state's finances.

 

https://www.theguardian.com/politics/2010/mar/25/alistair-darling-cut-deeper-margaret-thatcher

[Magilla 510]

Moody’s downgrades UK credit rating:

https://www.ft.com/content/117349e4-dc95-4509-969b-26dcdede1773

 

"Moody’s said it believed growth would be 'meaningfully weaker' than it had previously believed and that the country’s economy had been struggling even before the pandemic reached Britain.

 

The agency also specifically pointed to what it called 'the weakening in the UK’s institutions and governance'."

 

You know things are bad when even the ratings agencies start flagging up the deliberate damage being done to the UK’s institutions and system of governance.

Edited October 19, 2020 by Magilla

[Magilla 510]

 

"Not at all Andrew, I was lying and I knew it at the time"

 

The people who bought that lie really are the ones who should be embarrassed.

Edited October 19, 2020 by Magilla

[bassett one 449]

oven ready and ready to go,no problem,we have it all sorted,OMG what a mess and if we leave with no deal,how are we fixed then with the irish boarder?,all bluther and smoke,i reckon it will be sorted later ,and both sides will say they got the best deal.

[Magilla 510]

4 hours ago, bassett one said:

oven ready and ready to go,no problem,we have it all sorted,OMG what a mess and if we leave with no deal,how are we fixed then with the irish boarder?,all bluther and smoke,i reckon it will be sorted later ,and both sides will say they got the best deal.

According to Bloomberg, the markets think Boris is about to walk back on the treaty breaking parts of the IM bill.

[L00b 441]

16 hours ago, Magilla said:

According to Bloomberg, the markets think Boris is about to walk back on the treaty breaking parts of the IM bill.

Good for the UK if he does. But if he doesn't-

20 hours ago, bassett one said:

oven ready and ready to go,no problem,we have it all sorted,OMG what a mess and if we leave with no deal,how are we fixed then with the irish boarder?,all bluther and smoke,i reckon it will be sorted later ,and both sides will say they got the best deal.

-and the transition period ends without a deal, then the EU will enact its unilateral provisions (what Leavers currently call Swiss-like mini-deals ; but they're nothing of the sort), a by-product of which should be to at least keep the lights on in the UK.

 

The Irish border is fixed by the Protocol to the Withdrawal Agreement regardless of whether there is a deal or not.

 

Unless that is, the UK then makes good on its promise to overrule that Protocol under the Internal Market Bill (and so breach both international law and its written word as a bond, twice: long before it co-penned and signed the WA, the UK had co-penned and signed the GFA).

 

In that case, then the Republic of Ireland and Northern Ireland would have no choice but to set up a hard border. Any eventual blood letting over that, to be fairly and squarely on Leavers' hands.

 

I see in today's news, that not only did Tory MPs vote majoritarily to deny a physical proof of settled status to EU27inUK, they also took the opportunity of sniping UK citizens in Europe with their nationalist rhetoric, and voted majoritarily to reject protections for child refugees.

 

No words, really. 

Edited October 20, 2020 by L00b

[whiteowl 54]

The Lords have voted to ensure trade deals meet UK animal welfare and food safety rules.

 

https://www.bbc.co.uk/news/uk-politics-54615820

 

Wonder if the shambles in No. 10 will used the Parliament Act to force the bill through 🤔

[Marsman 10]

On 20/02/2020 at 16:58, melthebell said:

bit like this brexit nonsense then...just throwing money away

Brexit would have been a lot cheaper if we weren't messing around for 4 years and instead got on with it from the get-go.

[tinfoilhat 11]

12 minutes ago, Marsman said:

Brexit would have been a lot cheaper if we weren't messing around for 4 years and instead got on with it from the get-go.

How so?

[L00b 441]

4 hours ago, tinfoilhat said:

How so?

Oh well, gee, lemme guess: slam the door out on WTO terms, when the Article 50 instrument was delivered to Brussels at end March 2017.

 

AmIrite or amIrite?

 

It's quite amazing some people are still that dumb 4 years on. When even the very shysters who sold them the Leave vote 4 years ago, Johnson-Gove-Raab-& Co. are going on the record clear and loud now, and telling like it is and always was: this is going to hurt.

 

Or maybe they're posting to get a rise and laugh. Heh, I guess we'll see who laughs loudest in a few months, deal or no deal. Read up about VAT changes yet?  

Edited October 23, 2020 by L00b