RE: Ineos confirms Mercedes factory acquisition
Discussion
All these businesses offshore whenever they can to places where they can get stuff made cheaper, as the folk that live there and make the stuff cant afford it, and those in the place you moved from wont be able to as you sacked them. Its a coup though, making hairdryers in Malaysia that you then sell for £400.
Its a bit of a piss take really, a British bloke making a very obvious knock off of an Iconic British vehicle, and then making it in Germany, but then JLR build their version in Slovakia anyway.
Its a bit of a piss take really, a British bloke making a very obvious knock off of an Iconic British vehicle, and then making it in Germany, but then JLR build their version in Slovakia anyway.
Brexit is a sleeping murderer. Whatever the rights or wrongs of it, and I sit on the fence, this sort of thing is just the tip of the iceberg. You can have integrity by the ton, but the fact remains that Europe is way more proactive than sleepy hollow GB in nailing deals. Don't kid your self for a minute that the city of London, the worlds financial powerhouse is safe. One command from Brussels that Euro bonds must be traded in a Euro city and Berlin, Frankfurt, Paris or one of the other major cities will sporn the new financial centre of the west
Ineos saw a hole JLR failed to tap and copyright the design. You cant blame them for making sure their multi million £ investment pays. Where is the UK investors and support in saying this is our product, hands off lets do it.! We need to get our act together and back ourselves and stop fannying around . We could do it....but we won't sadly !
Ineos saw a hole JLR failed to tap and copyright the design. You cant blame them for making sure their multi million £ investment pays. Where is the UK investors and support in saying this is our product, hands off lets do it.! We need to get our act together and back ourselves and stop fannying around . We could do it....but we won't sadly !
BlackandWhite said:
It’s about a little known human quality with no financial value. Integrity. It means saying what you will do and then following through by doing what you say. Also referred to as walking your talk. Sometimes it costs you more but the price of having none is ever so much higher.
Is 'Mr Ineos' in a position to choose a more expensive factory in Wales or is he bound to make the best business choice on behalf of shareholders? Personally, I don't think we have any right to expect 'integrity' from business leaders. I think we do have a right to expect integrity from politicians but sadly we don't get that either.
Billy_Whizzzz said:
Why does it matter where it is built? We’re all citizens of the world. Jobs are jobs wherever they are. Why should it matter (except for some weird accident of birth) that they’re in France rather than the UK? Why should people in the UK have anything in common just because they live on a small island together?
That’s right we should off shore as many jobs as possible and buy the cheapest stuff , hopefully your job or business too ... SamR380 said:
Is 'Mr Ineos' in a position to choose a more expensive factory in Wales or is he bound to make the best business choice on behalf of shareholders?
Personally, I don't think we have any right to expect 'integrity' from business leaders. I think we do have a right to expect integrity from politicians but sadly we don't get that either.
What boils my proverbial about this saga is the way that him siting the factory in Wales was lauded by the right wing, Brexit supporting press and government as further evidence that Brexit was/is going to be a huge success. When in fact it wasn't a done deal and never actually happened. Personally, I don't think we have any right to expect 'integrity' from business leaders. I think we do have a right to expect integrity from politicians but sadly we don't get that either.
I know those of us that voted remain are supposed to keep quiet and get over it because we lost but when we see more and more of the supposed positives vanish into thin air I don't think you can blame us for being a bit exasperated. Still blue passports and the fish quota I suppose...
loudlashadjuster said:
SamR380 said:
...shareholders? ...
Ineos is privately held. No obligation, this was a choice. Business-minded, perhaps, but glaringly so, considering Ratcliffe's political stance.I feel sorry for the duped.
I bet that's just what they needed right now.
Billy_Whizzzz said:
Why does it matter where it is built? We’re all citizens of the world. Jobs are jobs wherever they are. Why should it matter (except for some weird accident of birth) that they’re in France rather than the UK? Why should people in the UK have anything in common just because they live on a small island together?
Because individual countries have their own economies? We are not "all citizens of the world, when 22 miles from Dover you have the French, our enemies for the last thousand years, whose President makes regular racist/nationalist remarks against us, which "play very well" with the electorate there
Why did the French insist that the EU Parliament is not in Brussels, andspends/wastes its time moving between Brussels and Strasbourg every week ?
"Jobs are jobs wherever they are".... No, how wrong could you be
loudlashadjuster said:
Ineos is privately held. No obligation, this was a choice. Business-minded, perhaps, but glaringly so, considering Ratcliffe's political stance.
I feel sorry for the duped.
Thanks. I don't feel sorry for the duped, I feel sorry for everyone else who are being dragged along with them!I feel sorry for the duped.
df76 said:
Billy_Whizzzz said:
Why does it matter where it is built? We’re all citizens of the world. Jobs are jobs wherever they are. Why should it matter (except for some weird accident of birth) that they’re in France rather than the UK? Why should people in the UK have anything in common just because they live on a small island together?
Suspect that's not quite what the unemployed of south Wales are thinking this evening..SamR380 said:
BlackandWhite said:
It’s about a little known human quality with no financial value. Integrity. It means saying what you will do and then following through by doing what you say. Also referred to as walking your talk. Sometimes it costs you more but the price of having none is ever so much higher.
Is 'Mr Ineos' in a position to choose a more expensive factory in Wales or is he bound to make the best business choice on behalf of shareholders? Personally, I don't think we have any right to expect 'integrity' from business leaders. I think we do have a right to expect integrity from politicians but sadly we don't get that either.
After the unions and piss poor management weekened our old industry,Thatcher let the city rip which resulted in asset stripping and short term gain for the few , things go in cycles maybe the city is in for a rough time like old type metal bashing manufacturing has over the last 40 odd years... They have certainly sucked the marrow out of the bones of the economy
Looks like commercial property value is shakey And farming subsidies for farm land being phased out !!both will hit the pension funds hard ...
PeteinSQ said:
What boils my proverbial about this saga is the way that him siting the factory in Wales was lauded by the right wing, Brexit supporting press and government as further evidence that Brexit was/is going to be a huge success. When in fact it wasn't a done deal and never actually happened.
I know those of us that voted remain are supposed to keep quiet and get over it because we lost but when we see more and more of the supposed positives vanish into thin air I don't think you can blame us for being a bit exasperated. Still blue passports and the fish quota I suppose...
don't forget the French ex fishermen who will now have nice jobs in a factory, i am not sure i was expecting the sunny uplands to be in France though.I know those of us that voted remain are supposed to keep quiet and get over it because we lost but when we see more and more of the supposed positives vanish into thin air I don't think you can blame us for being a bit exasperated. Still blue passports and the fish quota I suppose...
The Grenadire being built out of the UK doesn't worry me, as imo, the projects going to fold after about 2 years anyway! 25,000 sales? to whom excactly? Have you seen the French CO2 tax after 2021? Given the Grenadire is going to never get under 200g/km, you're going to have to SERIOUSLY want one of these to be able to afford one! And with no other models for sale, how is Ineos meeting their fleet CO2 target?
The only people likely to be surprised by this will be Brexiteers.
Money has no politically allegiance - capital goes where it can earn the best return. People like Ratcliffe don’t get rich thinking with their heart.
I feel sorry for those in Wales for whom this might have been very different. The Brexiteers have, in the main, been duped. Wait until we can’t buy duty free from January and the reality will really hit home.
Money has no politically allegiance - capital goes where it can earn the best return. People like Ratcliffe don’t get rich thinking with their heart.
I feel sorry for those in Wales for whom this might have been very different. The Brexiteers have, in the main, been duped. Wait until we can’t buy duty free from January and the reality will really hit home.
CS Garth said:
The only people likely to be surprised by this will be Brexiteers.
Money has no politically allegiance - capital goes where it can earn the best return. People like Ratcliffe don’t get rich thinking with their heart.
I feel sorry for those in Wales for whom this might have been very different. The Brexiteers have, in the main, been duped. Wait until we can’t buy duty free from January and the reality will really hit home.
duty free !! when could we last buy duty free from an EU country??? Money has no politically allegiance - capital goes where it can earn the best return. People like Ratcliffe don’t get rich thinking with their heart.
I feel sorry for those in Wales for whom this might have been very different. The Brexiteers have, in the main, been duped. Wait until we can’t buy duty free from January and the reality will really hit home.
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