The economic consequences of Brexit
Poll: The economic consequences of Brexit
Total Members Polled: 732
Discussion
JawKnee said:
Nissan wouldn't have thought twice about investing had we voted to remain.
Really? Assume you have a seat on the Nissan Board, otherwise you're just talking speculative rubbish.JawKnee said:
Now to keep them here the government will have to subsidise a foreign company if we don't get a favourable Brexit deal.
As has been clearly stated the Government has agreed to underwrite any additional tariffs imposed on cars from the UK to the EU. If this would occur it would actually be a favourable deal for the UK as it would be funded by tariffs on the greater number of cars coming the other way. As already said, you're a pillock.
JawKnee said:
WinstonWolf said:
The economy out performed the predictions and is growing. We've all seen how wrong the 'experts' and their predictions are...
Banks are happy, I'm very happy, the signs are all there you just refuse to see them.
Banks are far from happy. Some want to leave, others are seeing declines in revenue because of low interest rates.Banks are happy, I'm very happy, the signs are all there you just refuse to see them.
don'tbesilly said:
Mrr T said:
b2hbm said:
Mrr T said:
(part quote)
One of the things I like about team leave is they post articles which seem to suggest leaving will be easy but fail to read the actual article.
The article confirms the UK will need to rejoin the WTO and the WTO will aid us with normalising trade.
So on brexit day UK trade with much of the rest of the world is completely screwed but with luck in a few months it will be sorted out.
Now where does it say that ?One of the things I like about team leave is they post articles which seem to suggest leaving will be easy but fail to read the actual article.
The article confirms the UK will need to rejoin the WTO and the WTO will aid us with normalising trade.
So on brexit day UK trade with much of the rest of the world is completely screwed but with luck in a few months it will be sorted out.
Article said:
The UK is a member of the WTO today, it will continue to be a member tomorrow. There will be no discontinuity in membership.
They have to renegotiate (their terms of membership) but that doesn't mean they are not members.
Trade will not stop, it will continue and members negotiate the legal basis under which that trade is going to happen. But it doesn't mean that we'll have a vacuum or a disruption.
It actually goes on to say that informal talks are already in place and that the WTO is in regular contact with the UK over the eventual outcome. They have to renegotiate (their terms of membership) but that doesn't mean they are not members.
Trade will not stop, it will continue and members negotiate the legal basis under which that trade is going to happen. But it doesn't mean that we'll have a vacuum or a disruption.
I don't think leaving will be easy by any measure, but 40-odd years ago we left our trade with the Commonwealth behind overnight and entered the brave new world of the EEC. We survived.
Why should this be any different, don't you think the modern generation can cope with changing times ?
"In an exclusive interview with Sky News, the WTO director-general also said that while Britain would have to renegotiate its membership of the trade body after its EU departure, the process was relatively straightforward."
"the process was relatively straightforward."
JawKnee said:
Not agenda driven opinion at all. Read the news. The government have given written confirmation to Nissan that they will be given support if Brexit affects their competitiveness. For it to get to this stage suggests both parties see the worst case scenario as a real possibility.
And why should Nissan get special treatment? Every other business in the UK will want exactly the same subsidies. Can we really afford that?
What a shambles this is turning into.
So I assume you are well versed with the detail of this support plan, and have done the risk assessment for that as well as the risk assessment on the likely success of withdrawal from the EU? You seem to suggest that Nissan either haven't, or are planning to fail.And why should Nissan get special treatment? Every other business in the UK will want exactly the same subsidies. Can we really afford that?
What a shambles this is turning into.
And what you say isn't all just your opinion and spin stated as irrefutable fact? I do not object to your negative opinion, I do object to you positioning it as fact when clearly it isn't.
I see no shambles in the news today. An international manufacturing business has stated a long term commitment to the UK operation. The U.K. Government have continued to support that commitment as they have done through successive governments. Where is the shambles?
WinstonWolf said:
JawKnee said:
WinstonWolf said:
The economy out performed the predictions and is growing. We've all seen how wrong the 'experts' and their predictions are...
Banks are happy, I'm very happy, the signs are all there you just refuse to see them.
Banks are far from happy. Some want to leave, others are seeing declines in revenue because of low interest rates.Banks are happy, I'm very happy, the signs are all there you just refuse to see them.
CaptainSlow said:
Mrr T said:
Not unconnected with the boss of Nissan meeting TM 2 weeks ago. Where I am sure she assured him the UK will retain full access to the SM. So looks like very soft brexit.
No, she underwrote any additional tariffs on cars probably assuming the Germans would be keen not to have any!eta
It's in the article if you look for it.
So ultra soft brexit sounds on the cards.
CaptainSlow said:
WinstonWolf said:
JawKnee said:
WinstonWolf said:
The economy out performed the predictions and is growing. We've all seen how wrong the 'experts' and their predictions are...
Banks are happy, I'm very happy, the signs are all there you just refuse to see them.
Banks are far from happy. Some want to leave, others are seeing declines in revenue because of low interest rates.Banks are happy, I'm very happy, the signs are all there you just refuse to see them.
Mrr T said:
The BBC article says Nissan have been offered no special deal. Anyway the UK could not afford that level of assistance.
So ultra soft brexit sounds on the cards.
Ha ha, what card are these oh wise one?So ultra soft brexit sounds on the cards.
There was talk of a "hard", "very hard" and even a "dirty" Brexit happening
bmw535i said:
Mrr T said:
The BBC article says Nissan have been offered no special deal. Anyway the UK could not afford that level of assistance.
So ultra soft brexit sounds on the cards.
Ha ha, what card are these oh wise one?So ultra soft brexit sounds on the cards.
There was talk of a "hard", "very hard" and even a "dirty" Brexit happening
Mrr T said:
The BBC article says Nissan have been offered no special deal. Anyway the UK could not afford that level of assistance.
So ultra soft brexit sounds on the cards.
Apologies, it was what they wantedSo ultra soft brexit sounds on the cards.
"Last month, he warned that Nissan might not invest in the Sunderland plant unless the government guaranteed compensation for costs related to any new trade tariffs resulting from Brexit."
Maybe they didn't get it and they have gone ahead without the reassurances.
Or maybe May told Nissan that she is going for ultra soft Brexit, something she consistently denies to Parliament, but, you know, she'll obviously share the full Brexit negotiating strategy with Nissan.
WinstonWolf said:
CaptainSlow said:
WinstonWolf said:
JawKnee said:
WinstonWolf said:
The economy out performed the predictions and is growing. We've all seen how wrong the 'experts' and their predictions are...
Banks are happy, I'm very happy, the signs are all there you just refuse to see them.
Banks are far from happy. Some want to leave, others are seeing declines in revenue because of low interest rates.Banks are happy, I'm very happy, the signs are all there you just refuse to see them.
CaptainSlow said:
JawKnee said:
Now to keep them here the government will have to subsidise a foreign company if we don't get a favourable Brexit deal.
As has been clearly stated the Government has agreed to underwrite any additional tariffs imposed on cars from the UK to the EU. If this would occur it would actually be a favourable deal for the UK as it would be funded by tariffs on the greater number of cars coming the other way. As already said, you're a pillock.
It's a bloody win win, we either don't have to pay Nissan a penny, or we cover their losses and take the money from the much larger pile of tariffs on imported vehicles.
UK Gov could afford to subsidise every car manufacturer in Britain and still be quids in.
And this assumes that tariffs are imposed on cars, which I think is incredibly unlikely, even if we don't end up in the EEA, which seems more likely by the day.
Mrr T said:
CaptainSlow said:
Mrr T said:
Not unconnected with the boss of Nissan meeting TM 2 weeks ago. Where I am sure she assured him the UK will retain full access to the SM. So looks like very soft brexit.
No, she underwrote any additional tariffs on cars probably assuming the Germans would be keen not to have any!eta
It's in the article if you look for it.
So ultra soft brexit sounds on the cards.
http://uk.reuters.com/article/uk-britain-eu-nissan...
Blue Oval84 said:
CaptainSlow said:
JawKnee said:
Now to keep them here the government will have to subsidise a foreign company if we don't get a favourable Brexit deal.
As has been clearly stated the Government has agreed to underwrite any additional tariffs imposed on cars from the UK to the EU. If this would occur it would actually be a favourable deal for the UK as it would be funded by tariffs on the greater number of cars coming the other way. As already said, you're a pillock.
It's a bloody win win, we either don't have to pay Nissan a penny, or we cover their losses and take the money from the much larger pile of tariffs on imported vehicles.
UK Gov could afford to subsidise every car manufacturer in Britain and still be quids in.
And this assumes that tariffs are imposed on cars, which I think is incredibly unlikely, even if we don't end up in the EEA, which seems more likely by the day.
This could have gone on for pages and pages waiting for him to realise that he hadn't really thought this through, and had just as he advised me to do, "read the news"
Guess I had better go back to do a bit of work now my fun is over...
JawKnee said:
Dangerous precedent to set.
And to add, you're wrong, this is exactly the type of precedent we want. Being free from EU laws that stop so-called sovereign nations being able to attract investment is good for the UK. Let the Irish and others* fight the EU whilst the UK cleans up.- obviously excludes France that blatantly ignore the rules anyway.
CaptainSlow said:
Being free from EU laws that stop so-called sovereign nations being able to attract investment is good for the UK. Let the Irish and others* fight the EU whilst the UK cleans up.
^ The last sentence covers nicely the issue with our membership of the EU - we are too British - we accept the rules - apply them and obey them....- obviously excludes France that blatantly ignore the rules anyway.
Other nations within the EU accept the rules and then ignore them - without fear of sanction or consequence
Who are the fools!!!
Blue Oval84 said:
CaptainSlow said:
JawKnee said:
Now to keep them here the government will have to subsidise a foreign company if we don't get a favourable Brexit deal.
As has been clearly stated the Government has agreed to underwrite any additional tariffs imposed on cars from the UK to the EU. If this would occur it would actually be a favourable deal for the UK as it would be funded by tariffs on the greater number of cars coming the other way. As already said, you're a pillock.
It's a bloody win win, we either don't have to pay Nissan a penny, or we cover their losses and take the money from the much larger pile of tariffs on imported vehicles.
UK Gov could afford to subsidise every car manufacturer in Britain and still be quids in.
Tariffs make our products less competitively priced and imported goods more expensive for the consumer. Not quite the win-win you're painting it out to be.
JawKnee said:
Nissan wouldn't have thought twice about investing had we voted to remain. No problem at all. Now to keep them here the government will have to subsidise a foreign company if we don't get a favourable Brexit deal. Is this how our money should be spent post Brexit?
Dangerous precedent to set.
Racist!Dangerous precedent to set.
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