Losing work as a result of Brexit

Losing work as a result of Brexit

Poll: Losing work as a result of Brexit

Total Members Polled: 195

We have lost work: 31%
We have not lost work: 22%
It won't affect us: 28%
We have gained work: 19%
Author
Discussion

PurpleMoonlight

22,362 posts

157 months

Friday 22nd July 2016
quotequote all
Simpo Two said:
I also wonder why a trade deal takes two years and 300 'experts' to sort out.

'Wanna buy some fish?'
'How much?'
'£500'
'You're having a giraffe matey, £250 tops'.
'Hmm, £400 then'.
'How about £300?'
'£350 cash?'
'OK deal'
More like.

'Wanna buy some fish'
'Well that depends what fish, what quantity, what quality, and how much?'
'Anything edible from our waters, top class, as much as we can haul out of the water, £500'
'We need to protect our own fishing industry so will limit you to only three species, we need to protect our own fishing industry so you can only sell second class, we need to protect our own fishing industry so will limit you to x, we need to protect our own fishing industry so will levy import duties and taxes of £100 on your £500'
'But wait we didn't have these restriction when we were in the EU'
'But you aren't in the EU any more Mr UK'

StevieBee

12,862 posts

255 months

Friday 22nd July 2016
quotequote all
Involved with a £200m project for a SE Asia development project that uses a large proportion of EU development funding and would have seen the £90m CapEx spent in the NW of the UK (ship building and heavy equipment). That has been put on hold until the negotiations on Brexit have been established but the time line on the project will mean that everything will shift to either China or Korea.

Commercially, doesn't affect me or my company but the NW could have done with the £90m and the 200 odd jobs it would have created.

Zod

35,295 posts

258 months

Friday 22nd July 2016
quotequote all
Simpo Two said:
Perhaps we should distinguish between 'knee-jerk reactions based on referendum result flapping', and 'Britain leaving the EU' - which won't happen for at least 2.5 years.

I noticed the front of the Daily Express today saying that house prices had gone up 10% in a month - seemed odd to me - is that true?

I also wonder why a trade deal takes two years and 300 'experts' to sort out.

'Wanna buy some fish?'
'How much?'
'£500'
'You're having a giraffe matey, £250 tops'.
'Hmm, £400 then'.
'How about £300?'
'£350 cash?'
'OK deal'
Yes, that's just how it will be.

Terminator X

15,041 posts

204 months

Friday 22nd July 2016
quotequote all
PurpleMoonlight said:
More like.

'Wanna buy some fish'
'Well that depends what fish, what quantity, what quality, and how much?'
'Anything edible from our waters, top class, as much as we can haul out of the water, £500'
'We need to protect our own fishing industry so will limit you to only three species, we need to protect our own fishing industry so you can only sell second class, we need to protect our own fishing industry so will limit you to x, we need to protect our own fishing industry so will levy import duties and taxes of £100 on your £500'
'But wait we didn't have these restriction when we were in the EU'
'But you aren't in the EU any more Mr UK'
Yes of course it's in their interest to make it hard for people to buy their products.

TX.

Jockman

17,917 posts

160 months

Friday 22nd July 2016
quotequote all
Zod]url said:
Yes, that's just how it will be.|http://www.thedailymash.co.uk/news/international/britain-to-get-absolutely-everything-it-wants-from-brexit-negotiations-20160715110899[/url]
rofl

shakotan

10,684 posts

196 months

Friday 22nd July 2016
quotequote all
ATG said:
shakotan said:
You haven't lost jobs "because of Brexit", you've lost jobs because someone either doesn't understand, or is making a knee-jerk reaction to, Brexit.

Vastly different IMHO.

It's far too early to tell how actual Brexit will affect the UK.
What's it like down there in the sand?
Just peachy.

What's it like up there in the clouds?

shakotan

10,684 posts

196 months

Friday 22nd July 2016
quotequote all
PurpleMoonlight said:
Simpo Two said:
I also wonder why a trade deal takes two years and 300 'experts' to sort out.

'Wanna buy some fish?'
'How much?'
'£500'
'You're having a giraffe matey, £250 tops'.
'Hmm, £400 then'.
'How about £300?'
'£350 cash?'
'OK deal'
More like.

'Wanna buy some fish'
'Well that depends what fish, what quantity, what quality, and how much?'
'Anything edible from our waters, top class, as much as we can haul out of the water, £500'
'We need to protect our own fishing industry so will limit you to only three species, we need to protect our own fishing industry so you can only sell second class, we need to protect our own fishing industry so will limit you to x, we need to protect our own fishing industry so will levy import duties and taxes of £100 on your £500'
'But wait we didn't have these restriction when we were in the EU'
'But you aren't in the EU any more Mr UK'
You seem to be unaware how it works outside of a Single Trade Agreement.

We default to WTO Tariffs, which are unilaterally fixed for all relevant states. Any one country can't just invent new tariffs for any one other country. Its the same tariff for everyone.

ATG

20,552 posts

272 months

Friday 22nd July 2016
quotequote all
shakotan said:
ATG said:
shakotan said:
You haven't lost jobs "because of Brexit", you've lost jobs because someone either doesn't understand, or is making a knee-jerk reaction to, Brexit.

Vastly different IMHO.

It's far too early to tell how actual Brexit will affect the UK.
What's it like down there in the sand?
Just peachy.

What's it like up there in the clouds?
It's a good vantage point for seeing the lay of the land. But on the horizon I see gathering storm clouds and ... bugger, I've wet the bed again. If only I could get me some denial and mindless optimism.

Simpo Two

85,363 posts

265 months

Friday 22nd July 2016
quotequote all
PurpleMoonlight said:
More like.

'Wanna buy some fish'
'Well that depends what fish, what quantity, what quality, and how much?'
'Anything edible from our waters, top class, as much as we can haul out of the water, £500'
'We need to protect our own fishing industry so will limit you to only three species, we need to protect our own fishing industry so you can only sell second class, we need to protect our own fishing industry so will limit you to x, we need to protect our own fishing industry so will levy import duties and taxes of £100 on your £500'
'But wait we didn't have these restriction when we were in the EU'
'But you aren't in the EU any more Mr UK'
How did we ever manage before we joined the EEC? Loads of fish and a healthy fishing industry IIRC. The EU crushed our fishing industry - but people have short memories.

Trabi601

4,865 posts

95 months

Friday 22nd July 2016
quotequote all
Simpo Two said:
How did we ever manage before we joined the EEC? Loads of fish and a healthy fishing industry IIRC. The EU crushed our fishing industry - but people have short memories.
Not quite. We were over-fishing and EU policy has meant fish stocks have recovered. Profitability in the fishing industry is at an all-time high, with the UK industry bringing in more revenue than ever before.

Technological advances have had a big impact on the fleet, with fewer 'day boats' in the harbours - they have been replaced by massive trawlers for some species.

ATG

20,552 posts

272 months

Friday 22nd July 2016
quotequote all
Simpo Two said:
How did we ever manage before we joined the EEC? Loads of fish and a healthy fishing industry IIRC. The EU crushed our fishing industry - but people have short memories.
Who gives a fk about the fishing industry? It has the same potential to revolutionise the UK economy as the cake decorating and bicycle repair industries. Short memory, my arse. It was 40 years ago and funnily enough the UK economy did fine living with the burden of a diminished fishing industry.

Simpo Two

85,363 posts

265 months

Friday 22nd July 2016
quotequote all
ATG said:
Who gives a fk about the fishing industry? It has the same potential to revolutionise the UK economy as the cake decorating and bicycle repair industries. Short memory, my arse. It was 40 years ago and funnily enough the UK economy did fine living with the burden of a diminished fishing industry.
I used 'fish' as an example of a commodity that can be bought and sold. It was the first thing that came into my head; it could be anything. We need to take the politics out of trade. There is too much bloody politics.

Trabi601 said:
Not quite. We were over-fishing and EU policy has meant fish stocks have recovered
Over-fishing only happened after our waters were opened to the Europeans, notably the Spanish. Before we joined the EEC our waters were our own.

Edited by Simpo Two on Friday 22 July 22:11

Tannedbaldhead

2,952 posts

132 months

Monday 25th July 2016
quotequote all
Work in construction. It's grim. Pending contracts had a Brexit clause. Developers were not prepared to invest in an uncertain economic climate and longer term works in regeneration areas cannot progress as their commercial viability is dependent upon EU funding.

In addition to this much of our RMs are sourced from abroad. The drop in the value of the pound has hammered our margins.

Plant manufacturers must be taking a hammering. Plant hire companies are making massive cuts in their procurement programs.

Even if this is a short term shock the construction industry as we know it won't be around for any recovery.

Pl

The Moose

22,845 posts

209 months

Monday 25th July 2016
quotequote all
Tannedbaldhead said:
Work in construction. It's grim. Pending contracts had a Brexit clause. Developers were not prepared to invest in an uncertain economic climate and longer term works in regeneration areas cannot progress as their commercial viability is dependent upon EU funding.

In addition to this much of our RMs are sourced from abroad. The drop in the value of the pound has hammered our margins.

Plant manufacturers must be taking a hammering. Plant hire companies are making massive cuts in their procurement programs.

Even if this is a short term shock the construction industry as we know it won't be around for any recovery.

Pl
Perhaps regeneration shouldn't happen if it can't be afforded - that's how we have this huge deficit!

Simpo Two

85,363 posts

265 months

Monday 25th July 2016
quotequote all
Tannedbaldhead said:
commercial viability is dependent upon EU funding.
I just had to pick up that oxymoron. It's either commerically viable OR it needs funding.

StevieBee

12,862 posts

255 months

Monday 25th July 2016
quotequote all
Simpo Two said:
Tannedbaldhead said:
commercial viability is dependent upon EU funding.
I just had to pick up that oxymoron. It's either commerically viable OR it needs funding.
Nope.

In many cases, a perfectly viable commercial project may never get off the ground because the conditions that would enable commercial bank lending simply do not exist.

Most of the international stuff I get involved with is only viable with the donor funding that supports it, be it World Bank, UN or EU. If you didn't have donor funded projects, three-quarters of the world would still be living in caves.....or living here.

Don't confuse this with 'aid' funding; that's an entirely different thing.

Donor (or more accurately ‘Development’) funding simply ignites projects that would not otherwise happen. The money comes back (mostly). In some cases, it’s not even about providing the money, simply the guarantees that enable commercial lenders to lend.

Let's say that 'bkistain' needs a new power station but doesn't have the cash reserves or tax revenues to fund the £100m needed and the country has previously been so badly run and corrupt that no bank will lend it the money. So they turn to the EU. The EU considers the country to be of strategic importance (which might mean it’s the supplier of oil, gas or, unless the country improves, could go to war and/or send migrants to the EU). It agrees to help out and pays for the new power station. This will be built by EU companies and managed by an EU project team. Once it starts to produce power, the money that pays for the power goes straight to the EU project until such time as the money lent has been repaid plus the agreed interest.

These projects also come with caveats requiring the beneficiary nation to improve its governance so tax revenues increase, corruption lessens and so on.

The country gets its new power station; built and run to western standards, the EU gets its investment back (and more); all of which go to making the country more stable and more sympathetic towards the EU. Because of this, the population is more likely to stay put rather than seek a better life in the west (i.e. Europe), which would put pressure on the EU’s finances and stable countries happy with their lot tend not to get all aggressive to other countries.

The value of these funded contracts to UK companies is staggering and one of the challenges for Brexit is working out how to maintain the UK’s presence on these international development projects. This is entirely possible and potentially, more lucrative. UK Export Finance and DFID are the primary players on this but the risk will increase as it will only be the UK that takes the risk, not the EU.

davepoth

29,395 posts

199 months

Monday 25th July 2016
quotequote all
PurpleMoonlight said:
More like.

'Wanna buy some fish'
'Well that depends what fish, what quantity, what quality, and how much?'
'Anything edible from our waters, top class, as much as we can haul out of the water, £500'
'We need to protect our own fishing industry so will limit you to only three species, we need to protect our own fishing industry so you can only sell second class, we need to protect our own fishing industry so will limit you to x, we need to protect our own fishing industry so will levy import duties and taxes of £100 on your £500'
'But wait we didn't have these restriction when we were in the EU'
'But you aren't in the EU any more Mr UK'
And then add

'But the EU doesn't have any fish now since they were all in UK waters'
'Well, that's something we'll need to consider.'

blueg33

35,808 posts

224 months

Monday 25th July 2016
quotequote all
The Moose said:
Tannedbaldhead said:
Work in construction. It's grim. Pending contracts had a Brexit clause. Developers were not prepared to invest in an uncertain economic climate and longer term works in regeneration areas cannot progress as their commercial viability is dependent upon EU funding.

In addition to this much of our RMs are sourced from abroad. The drop in the value of the pound has hammered our margins.

Plant manufacturers must be taking a hammering. Plant hire companies are making massive cuts in their procurement programs.

Even if this is a short term shock the construction industry as we know it won't be around for any recovery.

Pl
Perhaps regeneration shouldn't happen if it can't be afforded - that's how we have this huge deficit!
Keep the slums and the city centres derelict and down at heel where businesses don't want to go? Lets expand our cities outwards and leave them dead in the centre? Make all transport links focus on numerous edge of town locations rather than one central point?

It costs more to use brownfield land than greenfield

battered

4,088 posts

147 months

Monday 25th July 2016
quotequote all
Simpo Two said:
Over-fishing only happened after our waters were opened to the Europeans, notably the Spanish. Before we joined the EEC our waters were our own.

Edited by Simpo Two on Friday 22 July 22:11
Of course they weren't. We lost the fishing industry before we joined the EEC. Don't you remember the Cod Wars?

battered

4,088 posts

147 months

Monday 25th July 2016
quotequote all
Simpo Two said:
How did we ever manage before we joined the EEC? Loads of fish and a healthy fishing industry IIRC. The EU crushed our fishing industry - but people have short memories.
No it didn't, losing the Cod Wars did. Pre EEC. As for overfishing, that has been going on since 1945. Stocks halved every 20 years between 1945 and 1990-ish, since then it's looking a bit more sustainable. But left to our own devices? We halved the stocks and halved them again. Short memories indeed, none as short as them as don't want to remember.