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Can you please come and explain that 150 people we've made redundant and the other 400+ who will be made redundant over the next 36 months! Plus hundreds more in our supply chain.
Our new factory is now under construction in Eastern Europe and all of our contracts will transfer by 2023. We export around 75% of our product to German & French automotive companies, their contracts are now have a clause stipulating the product must be made within the EU. The message was/is very clear, if you want to retain their business then transfer manufacturing to within the EU. No "uncertainty" decision made.
I have the unpleasant job of of winding down the profitable UK facility and managing the creation of the EE facility.
You are getting so paranoid about brexit that it seems to be self consuming. I always thought you came across as an intelligent poster on here, but the fact you opened up a rugby thread earlier in the week, that clearly stated not to bother, if you didn’t like the game, just to tell us once again (Zzzzzzzz), that you wouldn’t waste a second of your time watching it, seems to have dispelled that thought.
I’m saying that the financial crisis tipped Woolworths over and the same for Thomas Cook and Brexit.
Anyone who thinks Brexit has not played a part in this needs to get their head out of the sand.
There are a lot of big companies out there who are going to suffer for the same reasons - consumer uncertainty, poor exchange rates and confidence in British businesses.
Losing 9,000+ jobs is hardly going to help our fragile economy, which itself is already under pressure because of Brexit.
Last edited by The Hooded Claw; 24-09-19 at 09:33. Reason: Punctuation
I don't think we are disagreeing as regards Woolworths. But that doesn't mean that the financial crisis was to blame for the inevitable failure of that company.
And I don't think that Brexit is to blame for the mess Thomas Cook is in. It was a bricks and mortar travel agent ffs, wedded to the high street travel agent model in a world moving quickly towards online, in the same way that Kodak was wedded to film in a world adopting digital photography. Brexit would likely have had some impact on short-term cashflow as people put off booking holidays, but they must have had one foot over the edge of the cliff already for this to have happened. What got them to the cliff was an antiquated businesss model and a mountain of debt.
That the loss of 9k jobs is unhelpful for the economy is undeniably true but entirely irrelevant to the point you are making (i.e. that Brexit is to blame).
One point on "Brexit has not happened yet" that others have made: it hasn't, but businesses are doing lots in preparation and it creates huge uncertainty. Just look at Thomas Cook - a tiny example of some of the detail tehy will have had to consider: You buy a package holiday to France for summer 2020. In pricing the package, what APD cost do you think they build in for the flight back from France? Because they won't know what APD they will actually have to pay over at the point the flight departs, as it will depend on whether the UK is in the EU or not; whether it has a transitional agreement or not etc etc.
It isn’t speculation at all though, there have been loads of jobs lost, money lost and business closed due to Brexit.
It isn’t even predicted, it has literally happened and you could see if you could open your eyes.
Even if we didn’t end up leaving now it has already had a startling affect that not leaving wouldn’t change.
None of that is conjecture, how can something be conjecture if it’s happened?
Yes. Certain businesses have taken steps ,but a lot of it is still conjecture and contingency plans.
The decision today in the Supreme Court, has almost certainly meant their will be another lengthy delay, if the EU allow it.
The UK parliament and remainers have caused all this wide spread panic,and uncertainty by continually stalling and blocking brexit..
Most business-and company bosses I’ve seen interviewed on TV, are of the opinion that it’s the uncertainty causing the problems, and want leave or remain as soon as possible.
He’s yours as well. Don’t try palming him off onto me. 😁
Let’s be fair here. BJ obviously prorogued parliament to try to rush the UK out, but the rest of parliament are just as underhand.
You and I both know they aren’t interested in getting back to work to try and negotiate a smooth as possible brexit. They will just try their best to get it delayed again, and then try their best to scupper it altogether.
Nothing in any of those links is conjecture or contingency plans. You’re being obtuse because you don’t want to admit that Brexit has been a disaster.Yes. Certain businesses have taken steps ,but a lot of it is still conjecture and contingency plans.
That link says why it was a rubbish deal. It was a rubbish deal.
Part of it was that we would be 'brokered to the EU' (as you put it) for one or two years while businesses adapted, rather than the cliffedge No Deal. But it would have taken us out of the EU.
So why did all these supposedly "leave at all costs" MPs vote against it? That's the rhetorical question, but the one for you is - what makes it underhand?
We appear to have crossed wires here.
I’m not talking about the last couple of yrs.
I’m talking about the reasons the rest of parliament were happy with the outcome today.
They can now return to the commons, and be just as underhand as Boris was, by claiming they will help work toward a smooth brexit, but all the while, do their best to scupper it altogether.