| The Comments |
brian
I dont disagree with your commenst but busineses have many decicions to make above and beyond what the politcians agree who really need to listen and engage with transparency and plans now (opps they don't have one!).
If the politicians don't start now then many wil decide themselves what is best for them
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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Can I go back to my first points though.
If a business operating in the UK and selling to UK markets (regardless of nationality) will have no tariffs to deal with when staying put. Taxation is a different consideration but (like RoI) we can keep corporation tax lower.
Businesses with plant and assets inside the UK supplying abroad will have set up costs, disposal costs, relocation costs (huge fixed cost expenditure). Thinking as a business owner I would have to balance all these things against the currency costs, tariff possibilities, what percentage of my market is in the country I manufacture etc.
It will be more likely the manufacturers will be putting pressure on everyone and anyone to find out how their business is to be affected by the negotiations going forward. This is the kind of pressure that is creating the arguments, resignations etc.
Snap decisions like the one you mention will be around number 101 on the list of 1 to 100 don't you agree?
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Best wishes, Brian
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Al
I can see your point and dont disgaree all I am not saying is it is a big possibility (right or wrong) companies moving but it is something that may very well happen
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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Tadd
Just saying, looks like double standards to me.
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Bigal
That is right giving preference to "locals" (citizens) above "non local residents" (foreigners) is racist
In this case my point is moving a business from a non member state to a member state may be a no brainer for many corproartions.
They may even offer some of the UK staff a job in that state if they wish or are wiling to relocate.
They may well employ refugess who are residing in that member state
The point is many UK busineses owned by EU members states (and RoW owners) who want easy access to the EU market) will have easy pickings from the UK and many member states will probably be offering incentives for this to happen and they already have the infarstructure of offices, manufacturing, stores etc and resources in place
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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Tadd, you said:
I agree to some extent for the UK internal market but many export to EU and RoW. Yes RoW trades/contracts will not change but why not move them and employ more locals.
What goes around comes around, I am sure I was told by yourself that giving preference to locals was R****T, ?
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ads
Make EU accountable for what, to who and how?
What accountability does the UK (or other member states) govts have that the EU does not and how is it enforced, who are they accountable to and how?
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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It would be advantageous for all EU citizens if the hardline remainers focused equal energy and determination to make the EU more accountable perhaps?
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Briando55 I agree to some extent for the UK internal market but many export to EU and RoW. Yes RoW trades/contracts will not change but why not move them and employ more locals
Also if they move manufacturing to EU and then sell to UK and make UK pay duites via the appropriate Incoterms - nothing lost, no cost impact to them etc.
Same for anyone selling to UK
Why would there be any special deals for any UK import / export or any business even the the recent Nissan one (we have no details of course) but we all know that it wil be at least 2 years so the the new car models they are building in Sunderland will not be affacted short term and within 2 years they will be looking at new models.
The UK does not have a huge internal market and the flood gates of raping the UK will start (maybe it has staretd already) outside of the political negotiations
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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Tadd,
The businesses who manufacture and sell within the UK, who are owned by foreign nationals (including EU) would not benefit from moving out and being mixed up in tarrif changes would they?
Also the ones manufacturing abroad and selling in the UK, would they benefit by opening up production inside the UK to avoid tarrif changes too?
Whats the deals to be done in those areas, if any?
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Best wishes, Brian
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I am sure other businesses will be offered incentives to relocate to EU states and I am sure many are thinking about it now. Especially for those busineses owned by EU companies
Easy pickings from a dead carcass of the UK
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“The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge”
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Spain said Tuesday it has set up a commission charged with drawing up incentives to attract London-based financial firms looking to relocate after Britain's vote to leave the European Union. The goal is to draw banks and other financial firms based in the City of London seeking a new home should Britain-based firms lose their right to sell financial services across Europe when the country quits the bloc, Economy Minister Luis de Guindos said. "I think there won't be a stampede but there will be relocations. Many financial firms based in London know that the risk of losing the financial passport is very high and they are making their plans," de Guindos told a meeting with the foreign press. The Spanish capital offers solid transport infrastructure, good quality of life, abundant office space, a low corporate tax rate of 25 percent and a competitive income tax rate for foreigners, he added. Madrid has good chances," de Guindos said. But the minister said Spain needs to boost "the means, availability and efficiency" of stock market regulator CNMV to attract City of London financial firms. To do this the government has put together a task force comprising members of the Bank of Spain, CNMV and the economy ministry, he added. Some 5,500 financial firms based in Britain use their right to sell financial services across the EU, making London a global financial hub. Rivalry among leading European cities to attract businesses from London is intensifying since Britons voted in June in a referendum to leave the EU. French officials have promoted Paris as a financial capital for Europe that could take over from London while Ireland's foreign investment agency has written to businesses with offers to help them relocate to Dublin. Amsterdam, Frankfurt and Berlin have also made overtures. To be competitive with these cities Madrid needs a sound regulatory framework, said Carlos Fernandez, a market analyst at XTB Broker. "The rules for financial operations, customers, liquidity, all those aspects need to be clear," he told AFP. So far hedge funds and large investment funds have been absent from the Spanish market in part because of the lack of clarity, he added.
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NO SNIDE COMMENTS PLEASE. STICK TO THE THREAD SUBJECT.
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"It is clear that uncontrolled, mass immigration makes it difficult to maintain social cohesion, puts pressure on our public services" Is actually a quote from August 2014 by a HomeOffice spokesperson related to another comment from 2006. It seems to ahve become a mantra for some who cannotm move forward with reality of 2017.
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teedd - so we should back off and leave them to do the job.
No I don't agree. In a modern democracy government policy must be open and transparent in everything they do and held to account by parliament. ‘Just letting them get on with it’ can lead to disastrous conclusions.
I don’t share your deference to any form of government. Remember Lincoln’s quote. ‘Government by the people for the people’.
Unless the UK parliament agrees by majority vote in advance the negotiating principles to leave the EU they will have to authority no legitimacy.
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Time is the school in which we learn
Time is the fire in which we burn.
Delmore Schwartz.
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Interesting article.
“Theresa May faces calls to implement regional immigration policy”
https://www.theguardian.com/uk-news/2017/jan/05/theresa-may-faces-calls-to-implement-regional-immigration-policy?CMP=share_btn_link
A government spokesman said: “Our country has long been home to lots of different cultures and communities, but all of us have to be part of one society – British society. That is why we are rolling out a £20m fund for English language provision and have also made £140m available through the Controlling Migration Fund to local authorities to manage impacts on communities caused by issues such as poor English language skills.
“However, we must also recognise that uncontrolled, mass immigration makes it difficult to maintain social cohesion and puts pressure on public services.”
This message was last edited by ads on 05/01/2017.
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Democracy is about governing for everyone
The government is led by a remainer and has some of the more able and down to earth people working toward the exit (no not Boris) from the EU. I cannot think of a more able crew among the MP's available, so we should back off and leave them to do the job.
The remoaners (not by any means the majority of the remainers) just want to throw spanners in the works and tell us it is all too difficult. The main Brexiteers believe differently. We won't know until they bring, or start to bring, results back to parliament.
We should all wish them well, await the results and stop moaning.
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What, and all because the UK is leaving the EU? Whodathunkit.
Maybe a different thread is called for? Just a thought.
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As Spain readies to celebrate Epiphany Thursday with hugely-popular parades, authorities have implemented unprecedented security measures such as banning trucks from Madrid and Barcelona to avoid attacks like those in Berlin and Nice. Hundreds of thousands of people attend the traditional parades each year on the eve of the feast of the Epiphany on January 6th, which celebrates the coming of three wise men to bring gifts to Jesus. Just as with Santa Claus, children write letters to the Magi asking for gifts which are left for them on January 6th, a national holiday in Spain, and the celebration is more popular than Christmas. Security is always tight, but this year, authorities in Madrid and Barcelona have taken the unprecedented step of banning trucks with a payload capacity of over 3.5 tonnes bar exceptions like public service vehicles, both city halls announced. In the Spanish capital, the ban has been in place since Tuesday in some parts of the city where auxiliary parades to the main one on Thursday evening have already been taking place. The roads leading to the big avenue where the main parade will happen will also be filled with obstacles such as police cars and moveable fences. The measure seeks to guard against truck attacks like those that hit Nice and Berlin. Spain's interior ministry said in a statement there would be an "increase in the presence of uniformed patrols on foot and in vehicles." Special police forces would also be present in "strategic areas," it added, without saying exactly how many agents would be deployed nationwide. The measures mirror those taken on New Year's Eve around Madrid's Puerta del Sol square, where thousands gather to eat grapes on each count of midnight. Last week, police were given a shock when they arrested two alleged jihadists and found videos at the home of one of the suspects showing armed men in front of an image of the square. Spain has been mentioned on extremist websites as a possible attack target for historical reasons, given Muslims ruled in the country for close to eight centuries until 1492. It increased its terror alert to category four on a five-point scale in 2015, but authorities were quick to ally fears last week, saying there is no indication an attack was in the works.
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NO SNIDE COMMENTS PLEASE. STICK TO THE THREAD SUBJECT.
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He has an "excellent relationship" with Leaver Boris Johnson, according to ITV News Deputy Political Editor Chris Ship, but is "probably" a Remainer.
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