Is Boris sh*tting himself?
Discussion
Tuna said:
I'm sure there is going to be change. The question is whether it's net positive or negative. There will be high profile movements, just as there were before the referendum. Except now, every last job announcement is going to be followed by a chorus of "Told you so" from whichever camp it most suits.
I cannot see a way to it being net positive. I sincerely hope I'm proved wrong, though.Much of what was attractive about investing in the UK was related to unhindered EU access and the great talent in our tech', financial and science sectors.
Unfortunately that talent is all too easy to move elsewhere.
PorkInsider said:
I cannot see a way to it being net positive. I sincerely hope I'm proved wrong, though.
Much of what was attractive about investing in the UK was related to unhindered EU access and the great talent in our tech', financial and science sectors.
Unfortunately that talent is all too easy to move elsewhere.
To be honest, I've not felt that any government in the last couple of decades has been really 'pro business', so there is a huge challenge there. At the same time though, in my sector it's all about rapid, global innovation so I'd hope we can focus on being a good global partner rather than just a gateway to Europe. We've voted against 'big government' and that really could do with going further - we need to have light, responsive business regulation rather than burdensome control. We're not a country of endless material resources, so STEM, education, culture and innovation are all going to be key to getting ahead.Much of what was attractive about investing in the UK was related to unhindered EU access and the great talent in our tech', financial and science sectors.
Unfortunately that talent is all too easy to move elsewhere.
I can't see why anyone wants to take it on.
There's little (well, nothing) to gain for the individual who sticks his/her head above the parapet, regardless of their leave/remain allegiance.
There will be very, very few of the electorate who are going to get what they want from the negotiations, whichever side they were on for the exit vote.
The likelihood is that whoever it is at the helm isn't going to be the right person for the job; it will be someone feeling forced into it or someone who wants it for perceived personal gain.
(Not unlike any other election, then!)
There's little (well, nothing) to gain for the individual who sticks his/her head above the parapet, regardless of their leave/remain allegiance.
There will be very, very few of the electorate who are going to get what they want from the negotiations, whichever side they were on for the exit vote.
The likelihood is that whoever it is at the helm isn't going to be the right person for the job; it will be someone feeling forced into it or someone who wants it for perceived personal gain.
(Not unlike any other election, then!)
Tuna said:
PorkInsider said:
I can't see why anyone wants to take it on.
I thought being PM was just a brief entry on your CV on the way to the lucrative after dinner speeches and peace conferences? As such, better to get it over with quickly.RYH64E said:
Tuna said:
PorkInsider said:
I can't see why anyone wants to take it on.
I thought being PM was just a brief entry on your CV on the way to the lucrative after dinner speeches and peace conferences? As such, better to get it over with quickly.All four of the current Sinn Féin MPs have Irish nationality. We could get one of them to overcome their objections to taking up their seats at Westminster, make him PM for a bit, then let him trundle off to Brussels with his Irish passport after he's done.
Job sorted! What could possibly go wrong?
This little snippet had passed me by https://www.youtube.com/watch?v=F1MVZYtX5Zg
I've found little to laugh about since last Thursday but this gave me a chuckle.
I've found little to laugh about since last Thursday but this gave me a chuckle.
Tuna said:
It rather depends on what happens in Europe next. There are likely to be more referenda, possible more exits, shocks to the Euro, social unrest, strikes and further immigration problems. The underlying problems that prompted our vote are present right across the continent and Portugal, Italy, Spain and Greece are on the verge of collapse.
These other referenda have been puzzling me. Which EU countries have constitutions which allow an incumbent government to call a referendum without a prior mandate from a GE (maybe some, maybe all) but given what we've seen over the last week, which of those governments previously not calling for one would now suddenly call for one ? That means those countries have to wait for their next GE which could be 0-5 years away and have a majority of parties calling for one. Previous referenda have been on specific issues like Maastricht Treaty / changes to EU constitution driven by the EU machine itself, not on continued membership. Unless there are massive scale social uprisings demanding one mid-term, none of these countries and going to have one any time soon enough for it to influence what the UK players need to do in the next 6-12 months.Edited by Speed 3 on Tuesday 28th June 20:15
PorkInsider said:
This little snippet had passed me by https://www.youtube.com/watch?v=F1MVZYtX5Zg
I've found little to laugh about since last Thursday but this gave me a chuckle.
I have some European friends who don't really follow Boris. That clip scared the crap out of them! At least we can expect Liz Truss to keep her job. I've found little to laugh about since last Thursday but this gave me a chuckle.
PorkInsider said:
This little snippet had passed me by https://www.youtube.com/watch?v=F1MVZYtX5Zg
I've found little to laugh about since last Thursday but this gave me a chuckle.
So that's why the UK can't have their cake and eat it too. The Frenchmen! I've found little to laugh about since last Thursday but this gave me a chuckle.
PorkInsider said:
This little snippet had passed me by https://www.youtube.com/watch?v=F1MVZYtX5Zg
I've found little to laugh about since last Thursday but this gave me a chuckle.
I've had loads to laugh at since last Thursday.I've found little to laugh about since last Thursday but this gave me a chuckle.
Farage's speech in Strasbourg this morning was an absolute cracker.
https://www.youtube.com/watch?v=KKJzQv8x1hg
They aren't laughing now.
Nigel... I am.
Channel 4(along with the BBC) is promoting the idea that racist hate crime is on the increase since Thursday. Tonight they had on the latest "victim", of an incident in Manchester.
Unfortunately, he admitted that he started the confrontation. The three youths in question were swearing on a bus and he told them to moderate their language. When asked if he often was a victim of racial abuse, he replied, nonchalantly, "No, not really".
I was left with the impression that he has never experienced racism. It just doesn't exist in his world, so when these youths hurled it at him, he just thought that they were a bit thick. Jon Snow seemed a bit disappointed that this confident young man wasn't very upset.
PorkInsider said:
I was in a meeting yesterday at an FTSE 250 company, regarding some business we are (were?) doing with them (professional services) related to their ongoing expansion.
Their CFO was present, which wasn't at all expected, and the overriding theme was one of any UK investment now being on hold. Meanwhile they're continuing their expansion and investment in other EU countries.
If I hadn't been there and seen it myself I would think that whoever was typing this post was just bulls
tting, trying to reinforce the remainers' view that we're royally screwed.
Unfortunately that's not the case. It's simple fact.
It's also a very easy decision for the company to make. Their products are sold across the EU (you'll know the brands very well) and across the portfolio the production is split over 5 manufacturing locations, so it's a simple of case of looking at where's best for a new production capability based upon X,Y and Z, where none of those factors is whether the location is in the EU or not.
Now that they have Brexit to throw into the mix, it's easier to rule out the UK as a potential location as there's a risk.
It's not a difficult decision for them; it's a very obvious one. I can't imagine many sane people would not do the same thing.
This is a company with market cap' sitting at around £0.5bn so not massive, but don't think for a minute that these sorts of decisions aren't being made right now in companies of all sizes.
We'll only see it on the news if it's a major financial institution or someone like Nissan, JLR or ARM cutting investment, but be assured it's happening.
How depressing.Their CFO was present, which wasn't at all expected, and the overriding theme was one of any UK investment now being on hold. Meanwhile they're continuing their expansion and investment in other EU countries.
If I hadn't been there and seen it myself I would think that whoever was typing this post was just bulls
tting, trying to reinforce the remainers' view that we're royally screwed.Unfortunately that's not the case. It's simple fact.
It's also a very easy decision for the company to make. Their products are sold across the EU (you'll know the brands very well) and across the portfolio the production is split over 5 manufacturing locations, so it's a simple of case of looking at where's best for a new production capability based upon X,Y and Z, where none of those factors is whether the location is in the EU or not.
Now that they have Brexit to throw into the mix, it's easier to rule out the UK as a potential location as there's a risk.
It's not a difficult decision for them; it's a very obvious one. I can't imagine many sane people would not do the same thing.
This is a company with market cap' sitting at around £0.5bn so not massive, but don't think for a minute that these sorts of decisions aren't being made right now in companies of all sizes.
We'll only see it on the news if it's a major financial institution or someone like Nissan, JLR or ARM cutting investment, but be assured it's happening.
I recall posting such concerns aling with others but they were dismissed by brexiters "who knew better" and would brand you a bedwetter or worse.
It is alarming how quickly we have totally fcked our economy - for years.
///ajd said:
PorkInsider said:
I was in a meeting yesterday at an FTSE 250 company, regarding some business we are (were?) doing with them (professional services) related to their ongoing expansion.
Their CFO was present, which wasn't at all expected, and the overriding theme was one of any UK investment now being on hold. Meanwhile they're continuing their expansion and investment in other EU countries.
If I hadn't been there and seen it myself I would think that whoever was typing this post was just bullstting, trying to reinforce the remainers' view that we're royally screwed.
Unfortunately that's not the case. It's simple fact.
It's also a very easy decision for the company to make. Their products are sold across the EU (you'll know the brands very well) and across the portfolio the production is split over 5 manufacturing locations, so it's a simple of case of looking at where's best for a new production capability based upon X,Y and Z, where none of those factors is whether the location is in the EU or not.
Now that they have Brexit to throw into the mix, it's easier to rule out the UK as a potential location as there's a risk.
It's not a difficult decision for them; it's a very obvious one. I can't imagine many sane people would not do the same thing.
This is a company with market cap' sitting at around £0.5bn so not massive, but don't think for a minute that these sorts of decisions aren't being made right now in companies of all sizes.
We'll only see it on the news if it's a major financial institution or someone like Nissan, JLR or ARM cutting investment, but be assured it's happening.
How depressing.Their CFO was present, which wasn't at all expected, and the overriding theme was one of any UK investment now being on hold. Meanwhile they're continuing their expansion and investment in other EU countries.
If I hadn't been there and seen it myself I would think that whoever was typing this post was just bulls
tting, trying to reinforce the remainers' view that we're royally screwed.Unfortunately that's not the case. It's simple fact.
It's also a very easy decision for the company to make. Their products are sold across the EU (you'll know the brands very well) and across the portfolio the production is split over 5 manufacturing locations, so it's a simple of case of looking at where's best for a new production capability based upon X,Y and Z, where none of those factors is whether the location is in the EU or not.
Now that they have Brexit to throw into the mix, it's easier to rule out the UK as a potential location as there's a risk.
It's not a difficult decision for them; it's a very obvious one. I can't imagine many sane people would not do the same thing.
This is a company with market cap' sitting at around £0.5bn so not massive, but don't think for a minute that these sorts of decisions aren't being made right now in companies of all sizes.
We'll only see it on the news if it's a major financial institution or someone like Nissan, JLR or ARM cutting investment, but be assured it's happening.
I recall posting such concerns aling with others but they were dismissed by brexiters "who knew better" and would brand you a bedwetter or worse.
It is alarming how quickly we have totally fcked our economy - for years.
Or are you engaging in more bedwetting?
If you don't like being labelled a bedwetter, then stop suggesting that Europe's most successful economy is fcked.
I'm wondering if you lot are just trolling me.
///ajd said:
How depressing.
I recall posting such concerns aling with others but they were dismissed by brexiters "who knew better" and would brand you a bedwetter or worse.
It is alarming how quickly we have totally fcked our economy - for years.
It is depressing.I recall posting such concerns aling with others but they were dismissed by brexiters "who knew better" and would brand you a bedwetter or worse.
It is alarming how quickly we have totally fcked our economy - for years.
There's been plenty of comment along the lines of 'it's a blip and the pound, stocks, whatever, will recover over the coming days and weeks'.
Some have been quick to point out today's rises. They're welcome, of course, but pretty much irrelevant. It's the uncertainty and resulting cancellation/postponement of investment that's going to be most telling. And that won't be reversed in a few days/weeks/months.
don4l said:
You are having a laugh, aren't you?
Or are you engaging in more bedwetting?
If you don't like being labelled a bedwetter, then stop suggesting that Europe's most successful economy is fcked.
I'm wondering if you lot are just trolling me.
It won't be a European economy for much longer. It'll be near Europe, it'll be on the same continent as Europe, but it won't be European.Or are you engaging in more bedwetting?
If you don't like being labelled a bedwetter, then stop suggesting that Europe's most successful economy is fcked.
I'm wondering if you lot are just trolling me.
marshalla said:
don4l said:
You are having a laugh, aren't you?
Or are you engaging in more bedwetting?
If you don't like being labelled a bedwetter, then stop suggesting that Europe's most successful economy is fcked.
I'm wondering if you lot are just trolling me.
It won't be a European economy for much longer. It'll be near Europe, it'll be on the same continent as Europe, but it won't be European.Or are you engaging in more bedwetting?
If you don't like being labelled a bedwetter, then stop suggesting that Europe's most successful economy is fcked.
I'm wondering if you lot are just trolling me.
Europe != the EU
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