The economic consequences of Brexit (Vol 2)

[alfie2244]

"We have 20 people in London....... very confident that within five years it would be more like 40 to 50"......more than doubling in the next 5 yrs,what's not to like?

[davepoth]

Does anyone remember that fancy dress company that did a big "We're moving to the Netherlands" thing, but when you looked at it in any detail it became clear they were only doing it for tax purposes? It's that again.

[king arthur]

Meanwhile...

http://www.telegraph.co.uk/business/2017/02/08/mcl...

http://www.telegraph.co.uk/business/2017/02/24/boe...

[Dick Dastardly]

davepoth said:

The best they could manage is a single financial firm that has a £31m turnover? Weak.

Yep. I've been involved in fintech one way or another for a decade and I've never heard of this company. The founders behind two of the biggest P2P sites I know well and neither are going anywhere. This guy is just after some attention and the Guardian are all too happy to give it as it suits their anti-brexit agenda.

[powerstroke]

///ajd said:

Some good news for powerstrokee et al to gloat over.

https://www.theguardian.com/politics/2017/feb/25/b...

Guardian Link !!!! Hmm yes did your school report ever say must try harder ????

[zygalski]

Murph7355 said:

///ajd said:

Some good news for powerstrokee et al to gloat over.

https://www.theguardian.com/politics/2017/feb/25/b...

I wonder what government initiatives Mr Black's firm was in receipt of...

Edited by Murph7355 on Sunday 26th February 06:33

Yes good point.
And when these companies take their business elsewhere we can always say they'd have done it anyway & are just using Brexit as an excuse.

[wc98]

///ajd said:

Some good news for powerstrokee et al to gloat over.

https://www.theguardian.com/politics/2017/feb/25/b...

wonder why they aren't going to italy ? http://www.telegraph.co.uk/business/2017/02/25/ant...

[///ajd]

zygalski said:

Murph7355 said:

///ajd said:

Some good news for powerstrokee et al to gloat over.

https://www.theguardian.com/politics/2017/feb/25/b...

I wonder what government initiatives Mr Black's firm was in receipt of...

Edited by Murph7355 on Sunday 26th February 06:33

Yes good point.
And when these companies take their business elsewhere we can always say they'd have done it anyway & are just using Brexit as an excuse.

Well it seems there is nothing to see here, its all fake news, the company is just setting up in Luxembourg as a publicity stunt and there is no sign that any other company might have the same motives to reploy to the EU.

I enjoyed the positive Sheffield engineering news though.

[Murph7355]

///ajd said:

Well it seems there is nothing to see here, its all fake news, the company is just setting up in Luxembourg as a publicity stunt and there is no sign that any other company might have the same motives to reploy to the EU.

I enjoyed the positive Sheffield engineering news though.

It's not fake. I have no doubt the guy is going to Luxembourg.

The question is, how well does that correlate to the whole industry moving? Was Luxembourg chosen due to tax benefits in advance of "passporting"? Equal to it?

And is Mr Black going to refund the country for sucking up the initiatives that prompted him to start up here in the first place when he leaves? Or weren't those initiatives worth anything anyway?

Good luck to him in Luxembourg. Getting 10 people to move there is evidently straightforward.

If passporting becomes a non-issue (as I'm sure it will), and we end up with even more attractive reasons to be here (as I'm sure will happen) I wonder how long it will be before he's back...or at least his staff are.

Let's see where he is in 2019.

[B'stard Child]

Murph7355 said:

///ajd said:

Well it seems there is nothing to see here, its all fake news, the company is just setting up in Luxembourg as a publicity stunt and there is no sign that any other company might have the same motives to reploy to the EU.

I enjoyed the positive Sheffield engineering news though.

It's not fake. I have no doubt the guy is going to Luxembourg.

The question is, how well does that correlate to the whole industry moving? Was Luxembourg chosen due to tax benefits in advance of "passporting"? Equal to it?

And is Mr Black going to refund the country for sucking up the initiatives that prompted him to start up here in the first place when he leaves? Or weren't those initiatives worth anything anyway?

Good luck to him in Luxembourg. Getting 10 people to move there is evidently straightforward.

If passporting becomes a non-issue (as I'm sure it will), and we end up with even more attractive reasons to be here (as I'm sure will happen) I wonder how long it will be before he's back...or at least his staff are.

Let's see where he is in 2019.

I agree with all of that......

I quite liked the British Sugar link earlier as I worked in production for that company for several years. The quota system has favoured British Sugar over Tate and Lyle (Imported sugar cane) so interesting to see they are coming out as seeing brexit as an opportuntity. The opportunity is also for previously capped competition T&L.

[zygalski]

///ajd said:

zygalski said:

Murph7355 said:

///ajd said:

Some good news for powerstrokee et al to gloat over.

https://www.theguardian.com/politics/2017/feb/25/b...

I wonder what government initiatives Mr Black's firm was in receipt of...

Edited by Murph7355 on Sunday 26th February 06:33

Yes good point.
And when these companies take their business elsewhere we can always say they'd have done it anyway & are just using Brexit as an excuse.

Well it seems there is nothing to see here, its all fake news, the company is just setting up in Luxembourg as a publicity stunt and there is no sign that any other company might have the same motives to reploy to the EU.

I enjoyed the positive Sheffield engineering news though.

Fake news. Not heard that term before. Very inventive of you.
Thanks snowflake.

[FiF]

zygalski said:

///ajd said:

zygalski said:

Murph7355 said:

///ajd said:

Some good news for powerstrokee et al to gloat over.

https://www.theguardian.com/politics/2017/feb/25/b...

I wonder what government initiatives Mr Black's firm was in receipt of...

Edited by Murph7355 on Sunday 26th February 06:33

Yes good point.
And when these companies take their business elsewhere we can always say they'd have done it anyway & are just using Brexit as an excuse.

Well it seems there is nothing to see here, its all fake news, the company is just setting up in Luxembourg as a publicity stunt and there is no sign that any other company might have the same motives to reploy to the EU.

I enjoyed the positive Sheffield engineering news though.

Fake news. Not heard that term before. Very inventive of you.
Thanks snowflake.

Lots of snowflakes make an avalanche.

[davepoth]

B'stard Child said:

I agree with all of that......

I quite liked the British Sugar link earlier as I worked in production for that company for several years. The quota system has favoured British Sugar over Tate and Lyle (Imported sugar cane) so interesting to see they are coming out as seeing brexit as an opportuntity. The opportunity is also for previously capped competition T&L.

Interestingly Tate and Lyle were front and centre in the leave campaign - alongside JCB and Dyson I think they were the biggest company saying it was a good idea. They have a website for it and everything.

http://www.brexitgoldenopportunity.com/

[B'stard Child]

davepoth said:

B'stard Child said:

I agree with all of that......

I quite liked the British Sugar link earlier as I worked in production for that company for several years. The quota system has favoured British Sugar over Tate and Lyle (Imported sugar cane) so interesting to see they are coming out as seeing brexit as an opportuntity. The opportunity is also for previously capped competition T&L.

Interestingly Tate and Lyle were front and centre in the leave campaign - alongside JCB and Dyson I think they were the biggest company saying it was a good idea. They have a website for it and everything.

http://www.brexitgoldenopportunity.com/

Yes I knew that - my point is that British Sugar now saying Brexit has benefits and opportunities - I'm not sure that that was their position before the referendum as it opens them up to more competition from the T&L Sugars

[Deptford Draylons]

///ajd said:

Well it seems there is nothing to see here, its all fake news, the company is just setting up in Luxembourg as a publicity stunt and there is no sign that any other company might have the same motives to reploy to the EU.

I enjoyed the positive Sheffield engineering news though.

Who called it 'fake news' or a 'publicity stunt ' ? Do you ever deal with what people have said, or just resort to trying to write belittling rubbish ?

[B'stard Child]

Deptford Draylons said:

///ajd said:

Well it seems there is nothing to see here, its all fake news, the company is just setting up in Luxembourg as a publicity stunt and there is no sign that any other company might have the same motives to reploy to the EU.

I enjoyed the positive Sheffield engineering news though.

Who called it 'fake news' or a 'publicity stunt ' ? Do you ever deal with what people have said, or just resort to trying to write belittling rubbish ?

It seems not......

[///ajd]

Deptford Draylons said:

///ajd said:

Well it seems there is nothing to see here, its all fake news, the company is just setting up in Luxembourg as a publicity stunt and there is no sign that any other company might have the same motives to reploy to the EU.

I enjoyed the positive Sheffield engineering news though.

Who called it 'fake news' or a 'publicity stunt ' ? Do you ever deal with what people have said, or just resort to trying to write belittling rubbish ?

If you replies they are all pretty dismissive as if it's a non news story, can be ignored, everything is fine la la la.

Someone above implied it was just get get attention for the company - have another read.

[130R]

The Guardian have written the exact same article almost every month since the referendum. Just look back through the business "news" section.

[B'stard Child]

130R said:

The Guardian have written the exact same article almost every month since the referendum. Just look back through the business "news" section.

Nooooooo really??? Takes Guardian off my list of trusted balanced reading *


* it was never on it

[Deptford Draylons]

///ajd said:

Deptford Draylons said:

///ajd said:

Well it seems there is nothing to see here, its all fake news, the company is just setting up in Luxembourg as a publicity stunt and there is no sign that any other company might have the same motives to reploy to the EU.

I enjoyed the positive Sheffield engineering news though.

Who called it 'fake news' or a 'publicity stunt ' ? Do you ever deal with what people have said, or just resort to trying to write belittling rubbish ?

If you replies they are all pretty dismissive as if it's a non news story, can be ignored, everything is fine la la la.

Someone above implied it was just get get attention for the company - have another read.

You trawl online news to find negative articles and just post them up as if its some kinda internet links war where the person posting the greatest number is the winner. You don't even discuss the story you are linking, mainly because I suggest you know there is little too it and talked up and padded out article.
Try discussing the story, the one of a single company say he may open an operation in another country. You were probably hoping the guy would go further and talk job losses, yet doesn't even mention that.
I say this doesn't seem much of a story, you respond by saying I think this is 'fake news' as if likening it to Trump so how defeats all arguments. I say that is cheap and stupid.