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

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4 hours ago, the_bloke said:

So in the years since the Brexit vote, you think this company really couldn't do anything but close?

It was only viable because he had FoM for his product and a massive market to sell into.

 

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No forward planning, preparation, extending into different markets, or perhaps even using their existing Spanish distributor (or opening an EU based office themselves) to make life easier?

The viability of his product relies on his ability to get it to his customers, which in turn relied on FoM for goods. No other market delivers that, especially for live produce.

 

Opening an EU based office, or using a Spanish distributor won't make any difference, the product itself comes from the UK!

 

All of the issues are before either would have actually seen any product, it would solves nothing other than to take jobs out of the UK.

 

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Instead, just close the whole thing down. CBA.

I'm sure it was anything but CBA, he's probably spent the last 6 weeks trying every possible avenue to keep going, but the reality is his business was only viable as SM/CU members, as is the case for many SME's.

 

I supposed he could have relied on leavers buying more British lobster, but when it comes to buying British they're all mouth ;)

 

There'll be thousands going the same way in the next few months.

 

 

Edited by Magilla

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8 minutes ago, Magilla said:

It was only viable because he had FoM for his product and a massive market to sell into.

 

The viability of his product and ability to get it to his customers relied on FoM for goods, which no other market delivers, especially for live produce.

 

Opening an EU based office, or using a Spanish distributor won't make any difference, the product itself comes from the UK!

 

All of the issues are before either would actually see any product, it solves nothing.

 

I'm sure it was anything but CBA, he's probably spent the last 6 weeks trying every possible avenue to keep going, but the reality is his business was only viable as SM/CU members, as is the case for many SME's.

 

There'll be thousands going the same way in the next few months.

 

And, to add, finding new business at any time - let alone during a pandemic - isn't easy or most small businesses would be medium businesses. Chuck in a load of paperwork for the sender AND the client in many cases isn't helpful.

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1 hour ago, Magilla said:

Brexiteer gets precisely what they voted for and told they would get... blames the EU:

https://www.bbc.co.uk/news/uk-politics-56002176

 

SHOCKER!

 

How simple do you have to be to swallow this guff? :roll:

Imagine, having watched a livelihood that you have spent years growing just become unsustainable because of Brexit, hear Michael Gove compare it all to a plane taking off.  Exactly whats needed, a soundbite rather some factual evidence or statement about what the government are doing to rectify these issues.

 

Shame on you if you voted for this shower.

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11 hours ago, Delbow said:

"Thanks for the votes, have a peanut"

i believe this one is a peer, he doesn't need votes so the peanut is a gift which shows how generous he is, 

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15 hours ago, Magilla said:

How simple do you have to be to swallow this guff?

YouGov poll data, based on the same question asked every week, about how well or badly the government is negotiating/handling Brexit, shows that this propaganda is working:

Very Well/Fairly Well December average: 27%

Very Well/Fairly Well January average: 39%

Very Well/Fairly Well February 3rd poll: 42%
 

Clearly, more and more people believe the government is doing a good job of managing Brexit, with the undecideds continuing to hover about the same 12% as always.

 

So the only thing you should expect, is more of the same propaganda.

 

Seeing as the EU27 is done with negotiating anything (there's just no appetite left now that the deal is signed, and the EU has plenty other stuff to do), and isn't going to engage English rethoric any time soon(-er now, than it ever did before), that propaganda should continue to work fine for Johnson (since the teething problems are anything but, and aren't going to improve anytime soon - in fact they'll get far worse by summer when the full-fat customs checks kick in).

Edited by L00b

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36 minutes ago, L00b said:

YouGov poll data, based on the same question asked every week, about how well or badly the government is negotiating/handling Brexit, shows that this propaganda is working:

Very Well/Fairly Well December average: 27%

Very Well/Fairly Well January average: 39%

Very Well/Fairly Well February 3rd poll: 42%
 

Clearly, more and more people believe the government is doing a good job of managing Brexit, with the undecideds continuing to hover about the same 12% as always.

 

So the only thing you should expect, is more of the same propaganda.

 

Seeing as the EU27 is done with negotiating anything (there's just no appetite left now that the deal is signed, and the EU has plenty other stuff to do), and isn't going to engage English rethoric any time soon(-er now, than it ever did before), that propaganda should continue to work fine for Johnson (since the teething problems are anything but, and aren't going to improve anytime soon - in fact they'll get far worse by summer when the full-fat customs checks kick in).

Its plausible 42% of people don't know anyone personally whose livelihood has been affected by brexit, so for them it all looks good.

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1 hour ago, nightrider said:

Its plausible 42% of people don't know anyone personally whose livelihood has been affected by brexit, so for them it all looks good.

Which is probably similar to many of those who voted for Brexit in the first place without any appreciation of the ramifications of their quest for sovereignty.

The initial bumps in the road will go on for a long time yet because we were never prepared for the deadline that was arbitrarily self imposed.

Ironically we will now be the ones looking for extensions to deadlines to try to manage   the red tape required to import and export goods.

 

And on the financial front

https://www.cityam.com/exclusive-brexit-hit-to-london-may-be-9-5bn-a-year/

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21 hours ago, RJRB said:

Ironically we will now be the ones looking for extensions to deadlines to try to manage   the red tape required to import and export goods.

EU says no (to Gove looking for extensions/arrangements).

21 hours ago, RJRB said:

And on the financial front

Amsterdam has now overtaken London in terms of European share trading volume (Financial Times).

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1 hour ago, L00b said:

EU says no (to Gove looking for extensions/arrangements).

Amsterdam has now overtaken London in terms of European share trading volume (Financial Times).

Not really concerning the City if you read the whole article

 

"But many believe that the lack of an equivalence deal could in fact help the City appeal to more global destinations, including Hong Kong and Singapore.

Barclays boss Jes Staley last week said that a more global outlook would do the City well.

Rosenblatt Securities market structure analyst Anish Puaar told the FT: “It’s symbolic in that London has lost its status as the home of EU share trading, but it has a chance to carve out its own niche on trading.

“Fund managers will be more concerned with availability of liquidity and the costs of placing a trade, rather than whether an order is executed in London or Amsterdam.”

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Sure, seemingly nothing is concerning anyone much, as suggested by the poll results that I posted earlier.

 

Least of all City financial types, with specialist skills and networks in high demand the world over.

 

Meanwhile, the consequences of Brexit (indeed!) are playing out just the same, and as foretold.

 

 

 

 

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