The economic consequences of Brexit (Vol 2)

[don'tbesilly]

130R said:

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

Funnily enough the same poster has repeated the same, and linked the same stories almost every month since the referendum.
Just look back through the threads.

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[///ajd]

Deptford Draylons said:

///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.

I don't rule out the story only being one sided. I post here as its relevant to the economic consequences of brexit - my key concern as much of the rest is (IMO) nonsense - immigration won't be materially affected the red tape bogeyman is fake, etc.

I'm not that familiar with FinTech - I don't know how widespread the risk might be. One poster suggests it is just a publicity stunt and none of the Fintech companies he knows are moving. That does make me wonder whether the Guardian article is too one sided - and I disagree with quite a bit of their reporting, but doesn't remove my concern. No smoke/fire etc.

The wider question is should these issues be influencing our hard brexit path?

I don't want to see any jobs go and it is very tw@tish to suggest otherwise - I am genuinely delighted to hear about both Sheffield success stories - I could argue these were both pre-brexit investments but so what. If this is new composite manufacturing investment in the UK, that's great, but then again the people I know working in composite technology start ups say the low TRL is being adversely affected by Brexit. There is no black and white here.

I fear the government is more scared of keeping their votes (see stoke/copeland) by not upsetting the hardcore brexiteers than doing the best thing for the economy of the UK.

[B'stard Child]

don'tbesilly said:

130R said:

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

Funnily enough the same poster has repeated the same, and linked the same stories almost every month since the referendum.
Just look back through the threads.

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...........

Now that's not fair or correct but I'm not going to edit your post for accuracy

///ajd has done it weekly sometimes more frequently - he's also indicated weekly or daily that the "leavers" on this forum are rabid racists or xenophobic and that he's one of the few PH'rs that are thinking of the impact that Brexit will have on the poor in our country.

He's providing a counter viewpoint as far as balance goes in the right wing cesspit that is NP&E and he is as predictable as Jawknee. Great entertainment and I think (and have stated many times) we should keep them both

[davepoth]

///ajd said:

I fear the government is more scared of keeping their votes (see stoke/copeland) by not upsetting the hardcore brexiteers than doing the best thing for the economy of the UK.

Except for every economic scare story you've posted this week an opposite opinion has been provided from a larger company. Keep drinking the Kool Aid.

[wl606]

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

[alfie2244]

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Written by a German quoting a German newspaper citing "company sources" ? All I saw were a few "mays".... very reliable source I would say.

Edited by alfie2244 on Sunday 26th February 18:44

[///ajd]

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

[anonymous-user]

///ajd said:

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

remind us again what was said in the meetings you had with May and Ghosn.

[dandarez]

///ajd said:

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

For once (record!) you may be right Slasher. However, this is just (German) press speculation. No comment is from BMW or MINI.

Being close to the Cowley plant they are now truly geared up for the leccy Mini even pre Brexit. It would cost them too much to decide to produce in Germany, for one, the skill and the workforce is HERE! LOL. Also they have more concerns here to sort the Final Pension problems that are currently present than to worry about what the German press speculates.

[don'tbesilly]

///ajd said:

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

There wasn't a deal,most people know that,including Greg Clark & Theresa May, you being the exception despite you claiming some insight into what May and Ghosn discussed on that day back in October.

The article will no doubt reappear in the Guardian, we'll look forward to your usual daily Brexit bad news update, and point out the 'may'/'consider'/'could' and 'company sources' and other words that 'may' after some 'consideration' 'could' eventually be the case.

[Potatoes]

My brake pads were more expensive

[Jordan210]

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

They already build MINI's in Austria and Holland as Plant oxford is at capacity

[jonnyb]

don'tbesilly said:

///ajd said:

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

There wasn't a deal,most people know that

Because, of course, you were there. So you know.

[don'tbesilly]

jonnyb said:

don'tbesilly said:

///ajd said:

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

There wasn't a deal,most people know that

Because, of course, you were there. So you know.

I didn't claim to be there.

I did watch Greg Clark on the Marr Show on the Sunday following the meeting between May and Ghosn.
Clark stated unequivocally that there was NO deal, May and others have repeated the same since the meeting and Clark's appearance on the Marr Show.

To further help you,the following is the statement given to the Commons on the 31st October following May's meeting with Ghosn earlier in the month, the statement was along the same lines as those stated on the Marr Show:


Here is the key extract from Greg Clark’s opening statement, where he set out the four assurances given to Nissan. He told MPs:

Through many conversations I, and my colleagues had, here and in Japan, it became clear that four reassurances were important to securing the investment for Britain.

Three were about the automotive sector generally and one was about Brexit.

These were

1 - That we would continue our successful and longstanding programme of support for the competitiveness of the automotive sector, including Nissan.

This support is available to firms for skills and training of the local workforce, for research and development and innovation – in line with EU and UK government rules.

Since 2010 the government has invested £400m into the UK automotive sector in this way and we will continue to invest hundreds of millions more over the coming years.

All proposals of course – from any company – must be underpinned by strong business cases and tested against published eligibility criteria. All proposals are subject to rigorous external scrutiny by the Independent Industrial Development Advisory Board and are reported on to parliament.

2 - We would continue our work with the automotive sector, including Nissan at Sunderland, to ensure that more of the supply chain can locate in the UK, and in close proximity to the major manufacturing sites. In a previous post I established the local growth deals and the city deals which working with Local Enterprise Partnerships, have provided a way in which local councils, businesses and the government can upgrade the sites, especially sites brought into use from dereliction, and to provide the infrastructure for small and medium-sized businesses that can supply these major companies. This programme I can confirm will continue and with vigour

3 - We would maintain a strong commitment to research and development and in particular to the take-up of ultra-low emission vehicles. The opportunities presented by bringing the energy and climate change department together with the business department make us ideally placed to build on Britain’s strengths in low carbon energy, the automotive sector, in science and research and many other areas

4 - In our negotiations to leave the EU we will emphasise the very strong common ground there is especially in the automotive sector between ourselves and other EU member states in ensuring that trade between us can be free and unencumbered by impediments.

A good deal for the UK can also be a good deal for other member states, and that is how we will approach the negotiations. Whatever the outcome we are determined to ensure that the UK continues to be one of the most competitive locations in the world for automotive and other advanced manufacturing.

[zygalski]

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Would've done it anyway, just using Brexit as an excuse.

[jonnyb]

don'tbesilly said:

jonnyb said:

don'tbesilly said:

///ajd said:

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

There wasn't a deal,most people know that

Because, of course, you were there. So you know.

I didn't claim to be there.

So you know no more than the rest of us.

It wouldn't be the first time politicians have been "liberal" with the truth.

[don'tbesilly]

jonnyb said:

don'tbesilly said:

jonnyb said:

don'tbesilly said:

///ajd said:

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

There wasn't a deal,most people know that

Because, of course, you were there. So you know.

I didn't claim to be there.

So you know no more than the rest of us.

It wouldn't be the first time politicians have been "liberal" with the truth.

You're correct, I know no more than what Greg Clark stated which I put above and you edited out, and I didn't claim to know any more than others, unlike ///ajd did/does.

If you think Clark is being economical with the truth, put up or ............

[jonnyb]

don'tbesilly said:

jonnyb said:

don'tbesilly said:

jonnyb said:

don'tbesilly said:

///ajd said:

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

There wasn't a deal,most people know that

Because, of course, you were there. So you know.

I didn't claim to be there.

So you know no more than the rest of us.

It wouldn't be the first time politicians have been "liberal" with the truth.

You're correct, I know no more than what Greg Clark stated which I put above and you edited out, and I didn't claim to know any more than others, unlike ///ajd did/does.

If you think Clark is being economical with the truth, put up or ............

I have no idea if he's being economical with the truth, I also have no idea if he's telling the truth. I can only surmise given what I do know. Very much the same as you.

What Im struggling with is that Nissan would make major investment decisions based on vague assurances from government.

[FiF]

jonnyb said:

don'tbesilly said:

jonnyb said:

don'tbesilly said:

jonnyb said:

don'tbesilly said:

///ajd said:

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

There wasn't a deal,most people know that

Because, of course, you were there. So you know.

I didn't claim to be there.

So you know no more than the rest of us.

It wouldn't be the first time politicians have been "liberal" with the truth.

You're correct, I know no more than what Greg Clark stated which I put above and you edited out, and I didn't claim to know any more than others, unlike ///ajd did/does.

If you think Clark is being economical with the truth, put up or ............

I have no idea if he's being economical with the truth, I also have no idea if he's telling the truth. I can only surmise given what I do know. Very much the same as you.

What Im struggling with is that Nissan would make major investment decisions based on vague assurances from government.

Is that the quickest U turn ever on PH.

Poster implies politician is being economical with the truth.

Next post admits he doesn't know squat.

Comedy gold.

[jonnyb]

FiF said:

jonnyb said:

don'tbesilly said:

jonnyb said:

don'tbesilly said:

jonnyb said:

don'tbesilly said:

///ajd said:

wl606 said:

BMW may build electric Mini in Germany instead of Britain - http://www.reuters.com/article/us-britain-eu-bmw-m...

Sounds like they're after a "Nissan" deal - which of course was nothing/not necessary.

There wasn't a deal,most people know that

Because, of course, you were there. So you know.

I didn't claim to be there.

So you know no more than the rest of us.

It wouldn't be the first time politicians have been "liberal" with the truth.

You're correct, I know no more than what Greg Clark stated which I put above and you edited out, and I didn't claim to know any more than others, unlike ///ajd did/does.

If you think Clark is being economical with the truth, put up or ............

I have no idea if he's being economical with the truth, I also have no idea if he's telling the truth. I can only surmise given what I do know. Very much the same as you.

What Im struggling with is that Nissan would make major investment decisions based on vague assurances from government.

Is that the quickest U turn ever on PH.

Poster implies politician is being economical with the truth.

Next post admits he doesn't know squat.

Comedy gold.

indeed, you couldn't make it up.