Brexit - real world implications

Brexit - real world implications

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Smiler.

11,752 posts

232 months

Saturday 16th July 2016
quotequote all
13m said:
GetCarter said:
My nephew got the sack yesterday as Hewlett Packard are moving some of their operations to Europe (due to Brexit). No big deal for the UK, but a big deal for him. (Mortgage, kids etc)
HP must be going to the wall. Only explanation. When times get tough people still buy computers. Either that or you are a liar. smile
May be his nephew works for the HPE division, a part of which has seemingly been in trouble for a while


"Liar" is a bit strong though.


GoodOlBoy

543 posts

105 months

Saturday 16th July 2016
quotequote all
13m said:
GetCarter said:
My nephew got the sack yesterday as Hewlett Packard are moving some of their operations to Europe (due to Brexit). No big deal for the UK, but a big deal for him. (Mortgage, kids etc)
HP must be going to the wall. Only explanation. When times get tough people still buy computers. Either that or you are a liar. smile
HP are moving some operations out of the UK, they've been planning it for quite a while and announced it well before Brexit.

http://www.theregister.co.uk/2016/04/27/hpe_volunt...

Still doesn't help those redundant bakers though wink

13m

26,613 posts

224 months

Saturday 16th July 2016
quotequote all
Smiler. said:
13m said:
GetCarter said:
My nephew got the sack yesterday as Hewlett Packard are moving some of their operations to Europe (due to Brexit). No big deal for the UK, but a big deal for him. (Mortgage, kids etc)
HP must be going to the wall. Only explanation. When times get tough people still buy computers. Either that or you are a liar. smile
May be his nephew works for the HPE division, a part of which has seemingly been in trouble for a while


"Liar" is a bit strong though.
I was joking. A page or so ago I posted about a company laying off staff due to Brexit and I was told they must have been going bust anyway or I was making it up.

Smiler.

11,752 posts

232 months

Saturday 16th July 2016
quotequote all
13m said:
Smiler. said:
13m said:
GetCarter said:
My nephew got the sack yesterday as Hewlett Packard are moving some of their operations to Europe (due to Brexit). No big deal for the UK, but a big deal for him. (Mortgage, kids etc)
HP must be going to the wall. Only explanation. When times get tough people still buy computers. Either that or you are a liar. smile
May be his nephew works for the HPE division, a part of which has seemingly been in trouble for a while


"Liar" is a bit strong though.
I was joking. A page or so ago I posted about a company laying off staff due to Brexit and I was told they must have been going bust anyway or I was making it up.
Ah, gotcha.

Epic wink fail here biggrin

anonymous-user

56 months

Saturday 16th July 2016
quotequote all
13m said:
GetCarter said:
My nephew got the sack yesterday as Hewlett Packard are moving some of their operations to Europe (due to Brexit). No big deal for the UK, but a big deal for him. (Mortgage, kids etc)
HP must be going to the wall. Only explanation. When times get tough people still buy computers. Either that or you are a liar. smile
Well, no not the only explanation. The other one is the truth; its a move that has been in the planning for over three years and has nothing to do with Brexit.

And I realise you're trying to be sardonic. You're just not very good at it, are you?


NRS

22,307 posts

203 months

Saturday 16th July 2016
quotequote all
It will most likely take a while for the real Brexit effects to be felt. Generally the stuff happening now is most likely to have been planned a while back (particularly in larger companies that take time to go through the process) and thus brexit is an easy excuse to use, rather than "we don't care about you and just want to save costs".

GetCarter

29,441 posts

281 months

Saturday 16th July 2016
quotequote all
REALIST123 said:
13m said:
GetCarter said:
My nephew got the sack yesterday as Hewlett Packard are moving some of their operations to Europe (due to Brexit). No big deal for the UK, but a big deal for him. (Mortgage, kids etc)
HP must be going to the wall. Only explanation. When times get tough people still buy computers. Either that or you are a liar. smile
Well, no not the only explanation. The other one is the truth; its a move that has been in the planning for over three years and has nothing to do with Brexit.

And I realise you're trying to be sardonic. You're just not very good at it, are you?
Truth is HPE lost 7.6% after brexit vote, so they have decided to move some of their workforce into EU zone.

Sad but true (unlike much of the tosh spouted on here).

page3

4,949 posts

253 months

Saturday 16th July 2016
quotequote all
Both IBM and HP have put up prices of our support contracts with them. HP by 10% on a £1 million + annual contract. They both blame Brexit, although clearly it may just be an excuse to hike prices.

jjlynn27

7,935 posts

111 months

Saturday 16th July 2016
quotequote all
Add Fujitsu and Dell to that list. We have guy from VMWare coming on Tuesday. Official line is that it's to do with drop in value of £, rather than brexit itself.

13m

26,613 posts

224 months

Saturday 16th July 2016
quotequote all
REALIST123 said:
And I realise you're trying to be sardonic. You're just not very good at it, are you?
Better than you are at reading the thread you're replying to apparently.

///ajd

8,964 posts

208 months

Saturday 16th July 2016
quotequote all
page3 said:
Both IBM and HP have put up prices of our support contracts with them. HP by 10% on a £1 million + annual contract. They both blame Brexit, although clearly it may just be an excuse to hike prices.
Ah, there you are then, that £ plummet on 24 June had been planned for months - nothing to do with brexit, the liars!

sherbertdip

1,143 posts

121 months

Saturday 16th July 2016
quotequote all
jjlynn27 said:
Official line is that it's to do with drop in value of £, rather than brexit itself.
You don't think that the drop in the value of the £ was a directly linked to the Brexit vote then?

jjlynn27

7,935 posts

111 months

Saturday 16th July 2016
quotequote all
sherbertdip said:
jjlynn27 said:
Official line is that it's to do with drop in value of £, rather than brexit itself.
You don't think that the drop in the value of the £ was a directly linked to the Brexit vote then?
I'll try to make myself clearer. In light of the title of this thread;

'Rise in prices is due to drop in value of the £ relateive to USD' (paraphrase)

rather than

'Rise in prices is due to Brexit'.

FWIW; I, personally, think that the current value of the £ is direct result of Brexit vote.

zygalski

7,759 posts

147 months

Sunday 17th July 2016
quotequote all
Some great news. It might take a few years, but this stuff is set to become a few pence cheaper:


Hol

8,425 posts

202 months

Sunday 17th July 2016
quotequote all
///ajd said:
page3 said:
Both IBM and HP have put up prices of our support contracts with them. HP by 10% on a £1 million + annual contract. They both blame Brexit, although clearly it may just be an excuse to hike prices.
Ah, there you are then, that £ plummet on 24 June had been planned for months - nothing to do with brexit, the liars!
Clearly, you have arrived at a conclusion, based on only two factors out of many.
The vote itself.
That the price has gone up.


What ADJ means is that...
It's no secret that US owned country's do a lot of their costing and budgeting in Dollars, and that has always affected costs in other currencies.


Prices haven't gone up, simply because Brexit gave them an excuse to do so, out of some form of implied revenge, - it's simply a fact of life now that $100 of services on a US balance sheet, costs more in Sterling than it did before,


///ajd

8,964 posts

208 months

Sunday 17th July 2016
quotequote all
Hol said:
///ajd said:
page3 said:
Both IBM and HP have put up prices of our support contracts with them. HP by 10% on a £1 million + annual contract. They both blame Brexit, although clearly it may just be an excuse to hike prices.
Ah, there you are then, that £ plummet on 24 June had been planned for months - nothing to do with brexit, the liars!
Clearly, you have arrived at a conclusion, based on only two factors out of many.
The vote itself.
That the price has gone up.


What ADJ means is that...
It's no secret that US owned country's do a lot of their costing and budgeting in Dollars, and that has always affected costs in other currencies.


Prices haven't gone up, simply because Brexit gave them an excuse to do so, out of some form of implied revenge, - it's simply a fact of life now that $100 of services on a US balance sheet, costs more in Sterling than it did before,
Not quite, I was suggesting that anyone trying to say our currency wobble on 24 june was nothing to be with brexit is a bit deluded.

Further anyone just saying "ah currency fluctuations - thats just life" is in denial about the reality of the consequences of brexit.


anonymous-user

56 months

Sunday 17th July 2016
quotequote all
I doubt that the true consequences of Brexit will be known before we know what it actually means, or indeed if it actually happens.
Depends if those in charge of Brexit negotiations can deliver what they have promised to the boss Mrs May, before kicking off the process. Given the fact that most of their promises were outright lies it should be interesting.

///ajd

8,964 posts

208 months

Sunday 17th July 2016
quotequote all
Jimboka said:
I doubt that the true consequences of Brexit will be known before we know what it actually means, or indeed if it actually happens.
Depends if those in charge of Brexit negotiations can deliver what they have promised to the boss Mrs May, before kicking off the process. Given the fact that most of their promises were outright lies it should be interesting.
Indeed she could hang all three out to dry, and despatch them to traitors gate smile

kurt535

3,559 posts

119 months

Monday 18th July 2016
quotequote all
///ajd said:
Jimboka said:
I doubt that the true consequences of Brexit will be known before we know what it actually means, or indeed if it actually happens.
Depends if those in charge of Brexit negotiations can deliver what they have promised to the boss Mrs May, before kicking off the process. Given the fact that most of their promises were outright lies it should be interesting.
Indeed she could hang all three out to dry, and despatch them to traitors gate smile
I am looking forward to this one..davis, boris and foot in mouth leadsom delivering utopia....no pressure...

13m

26,613 posts

224 months

Monday 18th July 2016
quotequote all
I was in the Canaries over the weekend. The exchange rate has made some pretty basic food look damned expensive. A two course lunch with a bottle of local wine was about €40 per head. That was calamari starter, local fish, basic eatery, plastic chairs.