Brexit - was it worth it? (Vol. 2)

Brexit - was it worth it? (Vol. 2)

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anonymous-user

54 months

Wednesday 21st April 2021
quotequote all
Iminquarantine said:
Can you remind me how UK trade deals, beyond the continuation agreements, are going?
Pretty well, considering it's only been 4 months.

https://www.gov.uk/guidance/uk-trade-agreements-wi...

Sway

26,256 posts

194 months

Wednesday 21st April 2021
quotequote all
digimeistter said:
Iminquarantine said:
Can you remind me how UK trade deals, beyond the continuation agreements, are going?
Pretty well, considering it's only been 4 months.

https://www.gov.uk/guidance/uk-trade-agreements-wi...
It's pretty much guaranteed we'll have a fully ratified trade agreement with Canada before the EU does. Despite CETA being "agreed" before we'd even triggered Article 50 to leave...

blueg33

35,843 posts

224 months

Wednesday 21st April 2021
quotequote all
Cut and paste of the EU deals is better than nothing, but its NOT an improvement

Really looking forward to the £488m trade with Ivory Coast...........

anonymous-user

54 months

Wednesday 21st April 2021
quotequote all
blueg33 said:
Cut and paste of the EU deals is better than nothing, but its NOT an improvement

Really looking forward to the £488m trade with Ivory Coast...........
What makes you say they are cut and paste, have you read them?

It looks to me like a lot of foundations are being made for the future.

MRA's will also do just fine for the moment.




blueg33

35,843 posts

224 months

Wednesday 21st April 2021
quotequote all
digimeistter said:
blueg33 said:
Cut and paste of the EU deals is better than nothing, but its NOT an improvement

Really looking forward to the £488m trade with Ivory Coast...........
What makes you say they are cut and paste, have you read them?

It looks to me like a lot of foundations are being made for the future.

MRA's will also do just fine for the moment.
I haven't read them, but I have read the reporting.

Yes foundations are great and much needed considering we removed the previous ones. The only country in the history of world trade to place sanctions on itself

anonymous-user

54 months

Wednesday 21st April 2021
quotequote all
blueg33 said:
digimeistter said:
blueg33 said:
Cut and paste of the EU deals is better than nothing, but its NOT an improvement

Really looking forward to the £488m trade with Ivory Coast...........
What makes you say they are cut and paste, have you read them?

It looks to me like a lot of foundations are being made for the future.

MRA's will also do just fine for the moment.
I haven't read them, but I have read the reporting.

Yes foundations are great and much needed considering we removed the previous ones. The only country in the history of world trade to place sanctions on itself
Yes we are removed from the EU

So you haven't read them then?

What reporting?

Sorry, I'm curious as to why you are dismissing them.



hyphen

26,262 posts

90 months

Wednesday 21st April 2021
quotequote all
Brexit saves Football hehe


Founder of ESL proposal and Juventus Chairman has said it is due to Brexit that it has failed

https://www.dailymail.co.uk/news/article-9494475/W...

anonymous-user

54 months

Wednesday 21st April 2021
quotequote all
hyphen said:
Brexit saves Football hehe


Founder of ESL proposal and Juventus Chairman has said it is due to Brexit that it has failed

https://www.dailymail.co.uk/news/article-9494475/W...
We need them more than they need us don't forget wink

Fittster

20,120 posts

213 months

Wednesday 21st April 2021
quotequote all
Brexit has wiped £250,000 off our sales says UK exporter

Exports have plummeted due to delays, disruption and increased shipping fees

The boss of a UK insulation manufacturer says Brexit has cost his business £250,000 - in just the first three months of the year.

William Bown, the managing director of SuperFOIL Insulation, said the decision to stop free trade with the EU had led to a huge drop in revenues compared to 2020.

He said the business was counting the cost of delays, disruption and increased shipping fees associated with the Government’s decision to “take back control”.

Before Brexit, the family-owned business sold around a fifth of its products to customers in Europe, much of it through Amazon.

Since January 1 EU sales have dropped to just 2.9 per cent of its total.

The business has now set up a trading company in the Netherlands to try and bypass the new regulations and distribute products to EU customers – and is planning to export there in bulk to reduce costs.

The £250,000 loss in revenues does not take into account the cost of setting up the new EU operation.

Mr Bown said: “With the clear and visible impact of the pandemic and the lockdowns having dominated the headlines, small manufacturers and exporters like us are having a very tough time as a result of Brexit.

https://www.business-live.co.uk/manufacturing/brex...

Fittster

20,120 posts

213 months

Wednesday 21st April 2021
quotequote all
Brexit and Covid blamed as 200 jobs at risk in Ystrad Mynach

Kautex Textron said the closure of its Ystrad Mynach site in Caerphilly county was being considered, with the economic impact of Brexit and Covid "key contributors".

The firm has confirmed provisional discussions regarding staff reductions have started with unions and employees.

A consultation period between staff and management has begun, with talks set to last until at least mid-May.

Kautex Textron has had a site in Ystrad Mynach for more than 50 years and makes hoses, water containers and nozzles.

https://www.bbc.co.uk/news/uk-wales-56767116

crankedup

25,764 posts

243 months

Wednesday 21st April 2021
quotequote all
blueg33 said:
crankedup said:
blueg33 said:
crankedup said:
Well I HOPE your brexit voting employees take you to court on the basis of discrimination wink

As for future trade deals, they are, as you well know, built upon more than just hope. That is a ridiculous suggestion to make.
What are they built on? We couldn't even start discussions until jan this year

If we don't have a trade deal at the moment - then it is just hope that we get one in the future. We have to hope that we can agree terms, have to hope that our negotiators don't ps off the other side, we have to hope that the market is real and big enough to replace what we have lost, we have to hope it happens quickly, we have to hope that some of our hard hit exporters are still around to take advantage of said deal.

Seems like a lot of "hopes" in there (avoided school playground style Bob Hope jokes)
It has very little to do with hope, U.K. trade deals were being discussed years before our EU exit.
Do you think business do not look at options around the World, perhaps you think business does not talk to our Government (lobbying). We do more than hope, we make things happen and that goes for both sides who want a deal.
We can still trade with the EU zone, it’s the paper trail that has changed together with customs charges. But you know that.
We all have hope, well at least I HOPE so, but somethings require a little more effort putting in, and that is what is happening.

Hope has its place of course but does not sit alone.
Of course I know that business talks to government, I have done it myself at secretary of state level and have spent more time talking to special advisors and MP's in Portcullis house than I care to remember (possibly the worst coffee since British Rail)

However, the EU rules meant that we could not enter negotiations before Brexit - one of the many lies that David Davies told people before the vote is that we could
If you care to read back your own posts you will recall it was you who asked the question and why I said business talks to Government. I assume you also know that business would have done some homework and foresee a business opportunity.That’s why it’s more than hope that brexiteers consider.

crankedup

25,764 posts

243 months

Wednesday 21st April 2021
quotequote all
gizlaroc said:
Is this thread still going?

fk me, with the shambles that is covid who cares about Brexit anymore?



I am now nearly 5 months in, just about all the niggles have been ironed out, the suppliers who have arrogantly shrugged their shoulders and used crap couriers who are trying to make profits from this are now wondering why we have not placed any more orders from them, the fact they are shocked is the only shock.

We have changed couriers to those who are doing it properly.

The fact they are shocked we are not using them anymore is the only shock.


We have gone from 70/30 EU UK purchasing to 30/70 for next season.


The "Made in Germany" and "Made in Italy" products that we have been buying for the last couple of decades.....turns out they are not at all. They are made wherever it is cheapest for them to make.
They have been caught out with the new Country Of Origin tariffs big time and having a hissy fit over it. 2 rather large companies tried to blame Brexit for the 12% tariff presuming we are all stupid, however, they did it in an open email and so I replied to all, pointing out that it is actually the fact they have lied about where the product is made and that is why there is a 12% tariff, and it is an EU wide tariff from July 1st.
They went very quiet and are now refusing to reply and all communication to be done through their UK agents only going forward.

We have parted company.

One of my suppliers said that their UK orders have doubled for next season, even during a pandemic, and everyone said the same, will be putting more into UK buys going forward. They have taken on considerably more staff to cope.


So all in all I would say I am pretty pleased with the outcome so far.

Will admit some teething problems had me wondering, but no, seems to be pretty good for UK PLC in my game.
Waiting for remainers to jump all over this and rip it to shreds laugh

Edited by crankedup on Wednesday 21st April 19:15

Iminquarantine

2,168 posts

44 months

Wednesday 21st April 2021
quotequote all
digimeistter said:
Pretty well, considering it's only been 4 months.

https://www.gov.uk/guidance/uk-trade-agreements-wi...
These are continuation deals, replicating what was there within the EU. These have been widely reported, including by me a few posts above, so as they say, “no st, Sherlock”

anonymous-user

54 months

Wednesday 21st April 2021
quotequote all
Iminquarantine said:
digimeistter said:
Pretty well, considering it's only been 4 months.

https://www.gov.uk/guidance/uk-trade-agreements-wi...
These are continuation deals, replicating what was there within the EU. These have been widely reported, including by me a few posts above, so as they say, “no st, Sherlock”
As you are used to negotiating at state level, perhaps you could elaborate?

The ones that I have read , (albeit briefly) are pretty UK specific.

No mention of EU courts.

ETA aimed at Blueg but the the fact remains




Edited by anonymous-user on Wednesday 21st April 20:21

gizlaroc

17,251 posts

224 months

Wednesday 21st April 2021
quotequote all
Fittster said:
Brexit has wiped £250,000 off our sales says UK exporter

Exports have plummeted due to delays, disruption and increased shipping fees

The boss of a UK insulation manufacturer says Brexit has cost his business £250,000 - in just the first three months of the year.

William Bown, the managing director of SuperFOIL Insulation, said the decision to stop free trade with the EU had led to a huge drop in revenues compared to 2020.

He said the business was counting the cost of delays, disruption and increased shipping fees associated with the Government’s decision to “take back control”.

Before Brexit, the family-owned business sold around a fifth of its products to customers in Europe, much of it through Amazon.

Since January 1 EU sales have dropped to just 2.9 per cent of its total.

The business has now set up a trading company in the Netherlands to try and bypass the new regulations and distribute products to EU customers – and is planning to export there in bulk to reduce costs.

The £250,000 loss in revenues does not take into account the cost of setting up the new EU operation.

Mr Bown said: “With the clear and visible impact of the pandemic and the lockdowns having dominated the headlines, small manufacturers and exporters like us are having a very tough time as a result of Brexit.

https://www.business-live.co.uk/manufacturing/brex...
Why?


He can now sell with no UK VAT, so as long as he has chosen a courier who doesn't take the piss, there should be very little difference.

Rather than setting up a distribution centre in the Netherlands he could just get an EU vat number for each country he deals with so it is completely seamless for the buyer, he can than pay the vat direct.



The article then goes on to say....

SuperFOIL Boss said:
Things bounced back in February, although exports to the EU were still 11 per cent below the same month last year – a sign of continued border friction.
So, compared to February last year, before Covid and lockdowns across the EU, they only actually dropped 11%.

fk me, most businesses I know were down 90% Feb 21 vs Feb 20.

But yeah, Grrrrr Brexit.




Then they said....

SuperFOIL Boss said:
“Fortunately, while exports have fallen, our sales to customers in the UK have done really well, so one has offset the other..
Errrr, well, that might be that many UK buyers also now find SuperFOIL far easier to buy then competitors products from the EU now too???

This was my point above regarding my business.





Funnily enough I had an interesting chat with one of the suppliers we are no longer dealing with, the boss called me this evening. He said that I was right, it was Rules of Origin and not Brexit, just that we have taken on those rules on January 1st as we were leaving, but he should not have blamed it on Brexit.
He said that he was moving production back from the Far East to Germany as no longer any real savings to be had.
But surely that was the whole point? Rather than chasing the cheapest labour to get cheap products, we all pay what a product truly costs and give jobs back to our own countrymen?
He agreed, that long term it would be good for Germany. He said that they have gone from factories in Germany 20 years ago with maybe 10,000 employees to less than 200 today as all the production is outside the EU now to chase price.
The reality is goods will go up in price by 12% or so, but if loads of industries do the same wages will go up far more.

We must stop using the cheapest labour on the planet, as it may be good for a better lifestyle for some, but it sees many truly suffer, both with suppressed wages and we are killing the planet too. It simply could not go on. We all need to make as much as possible in our own countries.


Fingers crossed eh?

Edited by gizlaroc on Wednesday 21st April 20:40

Vanden Saab

14,046 posts

74 months

Wednesday 21st April 2021
quotequote all
Fittster said:
Brexit has wiped £250,000 off our sales says UK exporter

Exports have plummeted due to delays, disruption and increased shipping fees

The boss of a UK insulation manufacturer says Brexit has cost his business £250,000 - in just the first three months of the year.

William Bown, the managing director of SuperFOIL Insulation, said the decision to stop free trade with the EU had led to a huge drop in revenues compared to 2020.

He said the business was counting the cost of delays, disruption and increased shipping fees associated with the Government’s decision to “take back control”.

Before Brexit, the family-owned business sold around a fifth of its products to customers in Europe, much of it through Amazon.

Since January 1 EU sales have dropped to just 2.9 per cent of its total.

The business has now set up a trading company in the Netherlands to try and bypass the new regulations and distribute products to EU customers – and is planning to export there in bulk to reduce costs.

The £250,000 loss in revenues does not take into account the cost of setting up the new EU operation.

Mr Bown said: “With the clear and visible impact of the pandemic and the lockdowns having dominated the headlines, small manufacturers and exporters like us are having a very tough time as a result of Brexit.

https://www.business-live.co.uk/manufacturing/brex...
your link said:
Domestically, SuperFOIL said it had seen record UK sales, with sales of its SuperFOIL’s Rad-Pack radiator reflector, Garage Door Insulation kits, and narrow-gauge SFBA Bubble Foil Insulation helping the company grow, despite Brexit and the pandemic.


So it wasn't a £250,000 loss at all..The company has grown....Cheers fittster for highlighting another Brexit success thumbup


loafer123

15,430 posts

215 months

Wednesday 21st April 2021
quotequote all
Vanden Saab said:
So it wasn't a £250,000 loss at all..The company has grown....Cheers fittster for highlighting another Brexit success thumbup
There seems to be an increasing theme of own goal Remainer examples....

blueg33

35,843 posts

224 months

Wednesday 21st April 2021
quotequote all
crankedup said:
If you care to read back your own posts you will recall it was you who asked the question and why I said business talks to Government. I assume you also know that business would have done some homework and foresee a business opportunity.That’s why it’s more than hope that brexiteers consider.
Lobbying gives you no guarantees. You hope that the politicians have listened, understood and take action, but that’s all. They simply will not give you guarantees that have any meaning.

anonymous-user

54 months

Wednesday 21st April 2021
quotequote all
blueg33 said:
Lobbying gives you no guarantees. You hope that the politicians have listened, understood and take action, but that’s all. They simply will not give you guarantees that have any meaning.
Same as always, including with the largest lobby body in the world in Brussels...

anonymous-user

54 months

Wednesday 21st April 2021
quotequote all
loafer123 said:
Vanden Saab said:
So it wasn't a £250,000 loss at all..The company has grown....Cheers fittster for highlighting another Brexit success thumbup
There seems to be an increasing theme of own goal Remainer examples....
laugh

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