BREXIT

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06 Mar 2017 1:52 PM by Tadd1966 Star rating in Los Montesinos. 1754 posts Send private message

But Cornwall voted to leave the EU

Maybe they see an opprtunity for free trade for pasties and scones etc. with the RoW and be better off on their own.

They can kick out the Brits and restrict 2nd home buying

Sounds like a manifesto emergingwink



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06 Mar 2017 1:53 PM by windtalker Star rating. 1934 posts Send private message

With the average (sold) house price in deprived Cornwall standing at £260,000 ...must be a big profit margin in Cornish pasties.


This message was last edited by windtalker on 06/03/2017.



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06 Mar 2017 2:00 PM by ads Star rating. 4122 posts Send private message

See what I mean about divide and  rule mentality? wink

Good to see that the exacerbation factor(s ) from EU failures has finally been recognised.

Could a willingness for EU reform in this regard (adequately compensating for irregular migration) assist in the upcoming negotiations in terms of negotiating mutually beneficial terms re access to EU market?





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06 Mar 2017 2:07 PM by windtalker Star rating. 1934 posts Send private message

Deprivation is calculated by unemployment and people getting hand outs from the state ....this is all the more reason for controlled emigration it to the UK.





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06 Mar 2017 2:12 PM by robertt8696 Star rating in Midlands, UK. 479 posts Send private message

So the French car group PSA (Peugeot-Citroen) has bought Vauxhall Opel, what is this going to mean to the employees in the UK? The French chairman has just stated it depends on quality and production, but what about trade costs post Brexit? The TV report says the majority of parts for manufacture are imported from the EU, and most production is exported back to the EU when completed, so financially is the production cost going to be of advantage to the UK plants? I  think not, we will see.





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06 Mar 2017 2:16 PM by robertt8696 Star rating in Midlands, UK. 479 posts Send private message

Make all the immigrants live on a diet of Cornish Pasties and Clotted Cream scones, a self perpetuating trade deal!

P.S, and make them wash it all down with Yorkshire tea! (something for our Northern contingent)


This message was last edited by robertt8696 on 06/03/2017.



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06 Mar 2017 2:19 PM by ads Star rating. 4122 posts Send private message

Having watched a select committee re EU security, it was interesting to note from the Commissioner being interviewed that ( following the shocked and apparent emotional reaction to the Brexit vote....Mostly by those who have close links with the UK) that all these months on there appears a "softening" and greater realism with regard to endeavouring to find mutually beneficial outcomes. 

 


This message was last edited by ads on 06/03/2017.



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06 Mar 2017 2:20 PM by hughjardon Star rating in Jaywick Sands. 418 posts Send private message

hughjardon´s avatar

For me THATS A vote OF confidence  a FRENCH company investing in the UK, its so they can have a SLICE of our EXPORTS to the US 

Come on ROBERT keep up

Love Hugh xxx



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06 Mar 2017 2:30 PM by Tadd1966 Star rating in Los Montesinos. 1754 posts Send private message

More like a French company buying up UK assets and protecting French workers 

Closures and redundancies on the horizon for UK vauxhall workers



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06 Mar 2017 2:30 PM by windtalker Star rating. 1934 posts Send private message

Any import or export duty's that a  UK  based company has to pay .. Can and will be offset in the Taxable loss and profot accounts so the French will have no excuse if they try to close any car/van manufacturing in the UK fro I can work out it could be very advantages for the French to keep the factories open in the UK.

 


This message was last edited by windtalker on 06/03/2017.



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06 Mar 2017 2:33 PM by robertt8696 Star rating in Midlands, UK. 479 posts Send private message

Hugh, by far the largest proportion of manufacture by Opel is in the German Opel plants, not the UK Vauxhall plants, and by and large most worldwide exports of Opels is from Germany, as the brand is marketed as Opels, not Vauxhalls worldwide, and most manufacture in the UK is badged Vauxhall, so these go to the domestic market. It is only vans made in Luton, mainly, that carry Opel badges, as they are made side by side with rebadged Vauxhalls. So at present Vauxhall-Opel DO NOT sell any product in the US.

Hugh read the Financial Times article here,

https://www.ft.com/content/4c8750c4-f994-11e6-9516-2d969e0d3b65

In it i quote the PSA director who says, 
"Mr Tavares said the deal would create “a European car champion, resulting from the combination of a German brand and a French brand, and without forgetting the contribution of our friends at Vauxhall in the UK”. He added there were “many markets” in the world where potential customers only consider German brands “because of the halo effect of the German premium brands”. The GM deal would give PSA the chance to sell Opel cars to new customers who previously would have snubbed Peugeot or Citroën vehicles, he said. GM only sells Opel cars in Europe, but Mr Tavares told a press conference: “It’s absolutely possible to develop exports and sell Opel cars outside of western Europe.” 

Note where it states Opel do not sell in the US, so we dont export these products there.





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06 Mar 2017 3:03 PM by ads Star rating. 4122 posts Send private message

Hasn't the German halo slipped somewhat of late?

Plus deisel models are looking increasingly bad value in terms of depreciation/ residual value given the emphasis on city pollution linked to health issues of late.

http://www.reuters.com/article/amp/idUSKBN1691GX

 


This message was last edited by ads on 06/03/2017.


This message was last edited by ads on 06/03/2017.



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06 Mar 2017 3:15 PM by robertt8696 Star rating in Midlands, UK. 479 posts Send private message

Ads, i dont think the halo has slipped too much for the Americans, and diesel? It doesnt take much to decrease diesel engine manufacture and take up slack on the engine line with petrol units





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06 Mar 2017 4:18 PM by Mickyfinn Star rating in Spain and France. 1833 posts Send private message

windtalker - In deprived Cornwall the average house (sold) will set you back a cool £260,000... that does not sound to much like deprivation  .

I think you know well that the reason house prices are high in Cornwall is the second home effect caused by wealthier buyers, mainly living in the SE of England. Local people are priced out of the market. It's been like that for years.

EU regional support funding was vital to Cornwall but since the population are not traditional Tory supporters I doubt it will continue after Brexit.



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06 Mar 2017 4:23 PM by robertt8696 Star rating in Midlands, UK. 479 posts Send private message

I doubt if much funding will be spare for many years, nationwide once we leave the EU. As usual it will be yet another excuse to grind down the UK resident.





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06 Mar 2017 4:50 PM by baz1946 Star rating. 2328 posts Send private message

I think you know well that the reason house prices are high in Cornwall is the second home effect caused by wealthier buyers, mainly living in the SE of England. Local people are priced out of the market. It's been like that for years.

Might not be like this soon, St Ives is the first to stipulate that people buying up second homes their have to live in the house 75% of the year, just woken up to the fact that the ones who come for a week or two, here and their don't spend enough money to help finance the area others are looking into it, not sure if it's happened now or soon to be.





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06 Mar 2017 7:58 PM by tteedd Star rating in Hertfordshire & Punt.... 990 posts Send private message

“Britain is hopelessly in debt paying £56 billion per annum in interest payments. Regional and development funding will suffer after Brexit and it's an untruth to pretend otherwise. The UK will cut and cut again it has no choice.”

The debt is there in or out of the EU so it has no bearing except that if we get into economic difficulties history shows we will not be bailed out as other EU nations have been. Cuts due to the deficit, if necessary, will be the case in or out.

It is an untruth to say any sort of funding will suffer, because you just do not know. But taking it in isolation, as the UK pays more into the EU than it receives there is no reason why a UK government could not choose to pay more if it wished. The real point is that we will have control over our own budgets and be able to target money where we see fit not where some EU beaurocrat decides.

 

 

“Britain will be worse off outside the EU but I'm told the Brexiteers believed that would be worth it.”

Your crystal ball again. It has been entirely wrong so far so why should we trust it now? You know full well that Brexiters expect us to be better off, you are just twisting the words of those that say it would be worth regaining our democracy even if we were to be worse off.

 

 

“The Chancellor seems to believe it as well saying they have to stockpile funding in the budget for the inevitable downturn to come.”

The chancellor said (or indicated) no such thing. It is wise to have some elbow room in uncertain times. The enterpretation is entirely yours and the chancellor in fact refused to give any details ahead of the budget.





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06 Mar 2017 8:09 PM by Jarvi Star rating in Halifax UK and Sucin.... 757 posts Send private message

https://www.facebook.com/BrexitTheMovie/?fref=ts

Tells everything you need to know about the EU





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06 Mar 2017 8:28 PM by ads Star rating. 4122 posts Send private message

With regard to debt levels, just wondering if you have seen these articles? Cause for concern?

http://wolfstreet.com/2017/02/14/biggest-eu-banks-embark-on-the-mother-of-all-debt-binges/

http://wolfstreet.com/2017/02/04/italy-bad-banks-to-save-financial-system-on-verge-of-collapse/

But most worrying is the following statement

"

When Spain rescued its banks five years ago it spent €53.55 billion (not including government guarantees), of which only €2.69 billion has been recouped. At that time Spain’s public debt to GDP ratio was 85%. That compares to Italy’s 135% of GDP today. Nobody knows just how the world’s fourth most indebted government will be able to raise the sort of funds needed to stabilize the country’s financial system without pushing itself over the edge of the debt precipice. In an ominous sign, Italian government bond yields have been surging, and the yield spread between the Italian and German 10 year bond is nearing three year highs.

But markets are still hoping that the ECB will do whatever it takes to make sure that the banks’ self-inflicted problems will soon become the taxpayers’ burden!"

.


This message was last edited by ads on 06/03/2017.



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06 Mar 2017 9:05 PM by hugh_man Star rating in Kent/Roda . 1593 posts Send private message

hugh_man´s avatar

No Robert

We in the U.K. Have a choice to unelect our politicians if we are not happy and at least a referendum makes every single vote count.

Try getting rid of EU bureaucrats in between their jollies to Brussels or is it Strasbourg this week?

How any of you can accuse the U.K. As being inward looking, given its history of the last century is pathetic.





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