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Thread: Another Brexit Bonus

  1. #21

    Re: Another Brexit Bonus

    Five years*ago, straight after Britain’s vote to leave the European Union (eu), Nissan, a Japanese carmaker, warned that the future of its factory in Sunderland was in doubt. On July 1st it announced a £1bn ($1.3bn) investment in a new battery plant that will secure the factory’s future. And on July 6th Stellantis, another motor manufacturer, said it would be investing £100m to produce electric vans in Ellesmere Port. Further news is expected soon from*bmw*and Toyota. The trade deal that Britain struck with the*eu*in December 2020—and eye-watering amounts of government cash—have bosses musing less about upping sticks, and more about the advantages of post-Brexit regulatory freedom.

  2. #22
    International jon1959's Avatar
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    Re: Another Brexit Bonus

    Quote Originally Posted by life on mars View Post
    Five years*ago, straight after Britain’s vote to leave the European Union (eu), Nissan, a Japanese carmaker, warned that the future of its factory in Sunderland was in doubt. On July 1st it announced a £1bn ($1.3bn) investment in a new battery plant that will secure the factory’s future. And on July 6th Stellantis, another motor manufacturer, said it would be investing £100m to produce electric vans in Ellesmere Port. Further news is expected soon from*bmw*and Toyota. The trade deal that Britain struck with the*eu*in December 2020—and eye-watering amounts of government cash—have bosses musing less about upping sticks, and more about the advantages of post-Brexit regulatory freedom.
    Where did you lift that unattributed quote from?

    Just wondering who (not you) is assessing the levels of 'government cash' available to companies willing to flip their position on Brexit as 'eye watering'.

  3. #23

    Re: Another Brexit Bonus

    Quote Originally Posted by life on mars View Post
    Five years*ago, straight after Britain’s vote to leave the European Union (eu), Nissan, a Japanese carmaker, warned that the future of its factory in Sunderland was in doubt. On July 1st it announced a £1bn ($1.3bn) investment in a new battery plant that will secure the factory’s future. And on July 6th Stellantis, another motor manufacturer, said it would be investing £100m to produce electric vans in Ellesmere Port. Further news is expected soon from*bmw*and Toyota. The trade deal that Britain struck with the*eu*in December 2020—and eye-watering amounts of government cash—have bosses musing less about upping sticks, and more about the advantages of post-Brexit regulatory freedom.
    in my industry there definitely isn't post Brexit regulatory freedom, but instead a new raft of regulatory requirements to meet for the UK.

  4. #24

    Re: Another Brexit Bonus

    Quote Originally Posted by jon1959 View Post
    Where did you lift that unattributed quote from?

    Just wondering who (not you) is assessing the levels of 'government cash' available to companies willing to flip their position on Brexit as 'eye watering'.
    LoM tends not to indicate when his 'contributions' are not his own words but copied and pasted from elsewhere. In this case, the words came from 'The Economist' website https://www.economist.com/britain/20...-than-expected

  5. #25
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    Re: Another Brexit Bonus

    Quote Originally Posted by Taunton Blue Genie View Post
    LoM tends not to indicate when his 'contributions' are not his own words but copied and pasted from elsewhere. In this case, the words came from 'The Economist' website https://www.economist.com/britain/20...-than-expected
    Thank you TBG.

  6. #26

    Re: Another Brexit Bonus

    Quote Originally Posted by jon1959 View Post
    Thank you TBG.
    More to follow tbc

  7. #27

    Re: Another Brexit Bonus

    another piece of good economic news today from rolls royce hoping to create 40,000 jobs in the UK

    https://www.bbc.co.uk/news/business-59212983

  8. #28

    Re: Another Brexit Bonus

    the good news keeps coming for british manufacturing

    https://www.mtdmfg.com/podcasts/grea...e-twenty-nine/

  9. #29

    Re: Another Brexit Bonus

    Shell chooses UK HQ over Netherlands. Bloody brexidiots.

    https://www.theguardian.com/business...netherlands-uk

  10. #30

    Re: Another Brexit Bonus

    Just back from travelling through the West Country I couldn't help be struck by the number of advertised job vacancies , which I guess is a healthy thing as business recovers and those job opportunities appear.

  11. #31
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    Re: Another Brexit Bonus

    Quote Originally Posted by life on mars View Post
    Just back from travelling through the West Country I couldn't help be struck by the number of advertised job vacancies , which I guess is a healthy thing as business recovers and those job opportunities appear.
    You guess it's a 'healthy thing'?

    We were in Cornwall 2 months ago and there were vacancies everywhere - especially hotels and restaurants, farming and retail.

    A fraction of the European workers who used to keep those sectors going are now there and local people can no longer afford to live near a lot of the jobs (the 'cheaper' accommodation options have gone because of second home sales, rent hikes to cash in on Staycation, and the spread of AirBnB etc - even the tent options have shrunk). The only factor that should ease is the Covid self isolation cause of so many places temporarily or permanently closing.

    I can't see much that is healthy in that. Brexit self harm followed by government neglect around housing and cost of living has created a crisis from which some will never recover.

  12. #32

    Re: Another Brexit Bonus

    Quote Originally Posted by jon1959 View Post
    You guess it's a 'healthy thing'?

    We were in Cornwall 2 months ago and there were vacancies everywhere - especially hotels and restaurants, farming and retail.

    A fraction of the European workers who used to keep those sectors going are now there and local people can no longer afford to live near a lot of the jobs (the 'cheaper' accommodation options have gone because of second home sales, rent hikes to cash in on Staycation, and the spread of AirBnB etc - even the tent options have shrunk). The only factor that should ease is the Covid self isolation cause of so many places temporarily or permanently closing.

    I can't see much that is healthy in that. Brexit self harm followed by government neglect around housing and cost of living has created a crisis from which some will never recover.
    You are absolutely right IMO to highlight the issue of second homes, AirBnB and the temporary, inevitable rise in prices due to the Covid staycation boom.

    Also, whilst unemployment falling is undeniably good news, it's only a collection of regional economic data and the situation in different parts of the country can change, and a huge number of vacancies is no good either - although maybe Cornwall has 'overheated' and this is market correction in action?

    I don't see how any of that is related to Brexit however? As I will always state mind, 2020/21 is a statistical washout. An anomaly and we can't compare much due to Covid.

  13. #33

    Re: Another Brexit Bonus

    Quote Originally Posted by JamesWales View Post
    You are absolutely right IMO to highlight the issue of second homes, AirBnB and the temporary, inevitable rise in prices due to the Covid staycation boom.

    Also, whilst unemployment falling is undeniably good news, it's only a collection of regional economic data and the situation in different parts of the country can change, and a huge number of vacancies is no good either - although maybe Cornwall has 'overheated' and this is market correction in action?

    I don't see how any of that is related to Brexit however? As I will always state mind, 2020/21 is a statistical washout. An anomaly and we can't compare much due to Covid.
    I agree. So why in thread after thread do you keep providing links to trade data, which in the context of considering the impacts of Brexit are inconclusive at best? Also I'm not sure how the Shell news relates to bigger picture Brexit as you suggest, and confused by your Brexidiocy comment. (Incidentally, are we sure that Shell isn't just forcing the Dutch government's hand to relax it's strict Co2 requirements?). You seem to be clutching at straws a bit.

  14. #34

    Re: Another Brexit Bonus

    Quote Originally Posted by Swiss Peter View Post
    I agree. So why in thread after thread do you keep providing links to trade data, which in the context of considering the impacts of Brexit are inconclusive at best? Also I'm not sure how the Shell news relates to bigger picture Brexit as you suggest, and confused by your Brexidiocy comment. (Incidentally, are we sure that Shell isn't just forcing the Dutch government's hand to relax it's strict Co2 requirements?). You seem to be clutching at straws a bit.
    I will only respond with such data when people make unsubstantiated claims that Brexit is a DISASTER, that THE END IS NIGH that everyone who voted for it is an IDIOT etc.

    I will do that in order to try and restore some semblance of sanity and balance. I'd do the same if the reactionary arguments were in the other direction (they never are).

    On balance I think Brexit will be moderately positive for the UK. but I don't think it will transform the country positively or negatively to the extent some fanatics do.

    The Shell news, again, is just to highlight the inaccurate tone of much of the debate and to satirise those who insult people for having a view that clearly, on balance, is not the disaster they predicted. That said, I do try not to post anecdotal things like that and try to stick to the bigger picture and it's fair enough to pull me up on it I suppose.

    Hope that helps.

  15. #35

    Re: Another Brexit Bonus

    Quote Originally Posted by JamesWales View Post
    I will only respond with such data when people make unsubstantiated claims that Brexit is a DISASTER, that THE END IS NIGH that everyone who voted for it is an IDIOT etc.

    I will do that in order to try and restore some semblance of sanity and balance. I'd do the same if the reactionary arguments were in the other direction (they never are).

    On balance I think Brexit will be moderately positive for the UK. but I don't think it will transform the country positively or negatively to the extent some fanatics do.

    The Shell news, again, is just to highlight the inaccurate tone of much of the debate and to satirise those who insult people for having a view that clearly, on balance, is not the disaster they predicted. That said, I do try not to post anecdotal things like that and try to stick to the bigger picture and it's fair enough to pull me up on it I suppose.

    Hope that helps.
    it seems the office for budget responsibility doesn't agree, thy think that Brexit has been twice as harmful for the UK economy than covid 19 has

  16. #36
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    Re: Another Brexit Bonus

    Quote Originally Posted by JamesWales View Post
    You are absolutely right IMO to highlight the issue of second homes, AirBnB and the temporary, inevitable rise in prices due to the Covid staycation boom.

    Also, whilst unemployment falling is undeniably good news, it's only a collection of regional economic data and the situation in different parts of the country can change, and a huge number of vacancies is no good either - although maybe Cornwall has 'overheated' and this is market correction in action?

    I don't see how any of that is related to Brexit however? As I will always state mind, 2020/21 is a statistical washout. An anomaly and we can't compare much due to Covid.
    Are you claiming that the absence of so many European workers in Cornish hospitality and farming in particular (true of other sectors too) is nothing to do with Brexit? Covid travel restrictions have contributed to the acute labour shortage but everyone I spoke to during a 17 day walking holiday there only 2 months ago put Brexit forward as the main cause. Hotels and restaurants were shut as a result and in some areas crops were left in the fields. I expect most of them voted for Brexit - but they were clear about the local impact.

  17. #37

    Re: Another Brexit Bonus

    Quote Originally Posted by jon1959 View Post
    Are you claiming that the absence of so many European workers in Cornish hospitality and farming in particular (true of other sectors too) is nothing to do with Brexit? Covid travel restrictions have contributed to the acute labour shortage but everyone I spoke to during a 17 day walking holiday there only 2 months ago put Brexit forward as the main cause. Hotels and restaurants were shut as a result and in some areas crops were left in the fields. I expect most of them voted for Brexit - but they were clear about the local impact.
    Brexit didn't make anyone leave. It granted leave to remain to millions, including hundreds of thousands more than we thought were here.

    The pandemic meant many chose to go home, understandably so at such a worrying time but they have a right to come back.

    You can't seperate it from the pandemic. And crops have always been left in fields. Its just the stories get retweeted with gusto when it's brexit related.

  18. #38
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  19. #39

    Re: Another Brexit Bonus

    There are tens of thousands of coffee shops in the UK. The guardian won't struggle to find one to write an article to bump up the clicks.

    If the country's economy was reliant on uncontrolled levels of migration forever, then it's not a sustainable economy.

    We are in the midst of a political change, and a pandemic. I suggest it's wise to see how we emerge as we come out.

    “Employers are telling us that lots of people, even if granted settled status, have chosen to return to their native countries,”

    Tell me, with a global pandemic raging and total uncertainty, and a lock down, would you stay here or return home? There is every chance those with settled status will return to the UK after the pandemic.

  20. #40
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    Re: Another Brexit Bonus

    Quote Originally Posted by JamesWales View Post
    There are tens of thousands of coffee shops in the UK. The guardian won't struggle to find one to write an article to bump up the clicks.

    If the country's economy was reliant on uncontrolled levels of migration forever, then it's not a sustainable economy.

    We are in the midst of a political change, and a pandemic. I suggest it's wise to see how we emerge as we come out.

    “Employers are telling us that lots of people, even if granted settled status, have chosen to return to their native countries,”

    Tell me, with a global pandemic raging and total uncertainty, and a lock down, would you stay here or return home? There is every chance those with settled status will return to the UK after the pandemic.
    OK - so if I’ve got it right there may or may not be major staff shortages in various sectors but The Guardian has manufactured the stories whatever the truth.

    And if there are staff shortages it is probably due to Covid and Brexit has nothing to do with it - despite the opinions of employers and trade organisations who know the people and the timeline.

    And there has always a been a problem of crops left to rot in fields, even though the recent problems in Cornwall were due to the absence of European workers in the past few years which Brexit voting locals attributed to Brexit not Covid.

    Thankfully you are here to put them right.

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