Post-Brexit Thread

Originally Posted by 1andrew1

Business leaders want a Brexit plan
"Almost six months have passed since Britain made its momentous decision to leave the EU. And as politicians and the public survey what progress the UK has made in preparations for its departure, one conclusion is impossible to avoid: Theresa May’s government still hasn’t got a plan.
In his appearance before MPs this week, David Davis, Brexit secretary, said a plan would be produced before the UK triggers Article 50 in the spring — but he added that it wouldn’t be published before February and he would not say how detailed the document would be....
What should alarm Mrs May and her ministers at the end of this week is the way in which UK-based companies, uncertain about the future, are taking firm decisions about relocating operations overseas."

The many unanswered questions include:
* Will the UK leave the customs union? (Mr Davis said there are still four options.)
* What kind of immigration controls would Britain impose on EU nationals? (Mr Davis refused to reveal details.)
* Will the UK pay for access to the single market after leaving the EU?

Google the headline for the full article or subscribers can read https://www.ft.com/content/8fcefce8-...2-f57d90f6741a

I can understand where the companies are coming from .They will be making plans for investment now to come to fruition in 2-3 yrs time so they need to know financial details now

[1andrew1]

Originally Posted by martyh

I can understand where the companies are coming from .They will be making plans for investment now to come to fruition in 2-3 yrs time so they need to know financial details now

The trouble is in the absence of a plan from the British Government, companies will have to do what Lloyds of London is doing and set up some operations within the EU at the cost of British jobs and taxes.

Originally Posted by 1andrew1

The trouble is in the absence of a plan from the British Government, companies will have to do what Lloyds of London is doing and set up operations within the EU at the cost of British jobs and taxes.

tbf, it's initially a subsidiary office, to mitigate risk.

http://www.independent.co.uk/news/bu...-a7476566.html

The group will put a proposal before members of the market by February, before the triggering of Article 50.

Mr Nelson, said that the market had decided it needed to act sooner rather than later to protect the 11 per cent of its revenues coming from Europe.

“Insurance is a mobile business,” he said. “In common with other financial institutions, we need to put our plans in place – at least on a precautionary basis,” he added.

[1andrew1]

Originally Posted by Hugh

tbf, it's initially a subsidiary office, to mitigate risk.

http://www.independent.co.uk/news/bu...-a7476566.html

Added in a "some" for clarity.

[Ramrod]

Originally Posted by 1andrew1

Business leaders want a Brexit plan
"Almost six months have passed since Britain made its momentous decision to leave the EU. And as politicians and the public survey what progress the UK has made in preparations for its departure, one conclusion is impossible to avoid: Theresa May’s government still hasn’t got a plan.

That they have told us about

[ianch99]

Originally Posted by 1andrew1

The trouble is in the absence of a plan from the British Government, companies will have to do what Lloyds of London is doing and set up some operations within the EU at the cost of British jobs and taxes.

To be fair, this was pointed out (and ridiculed) during the run up to the referendum:

Thousands of banking and insurance jobs for the chop if UK leaves EU, firms warn

insurance market Lloyds of London has warned Brexit could put thousands of financiers out of work.

"A material number" of the 34,000 jobs in the London insurance market "may be at risk" if the UK leaves the EU, Lloyds warned.

[papa smurf]

Originally Posted by Ramrod

That they have told us about

you really must not try to offer even a single ray of hope its just not the done thing ,think doom /misery /war/ famine/ pestilence.

[Osem]

Originally Posted by papa smurf

you really must not try to offer even a single ray of hope its just not the done thing ,think doom /misery /war/ famine/ pestilence.

Yeah staying in the EU would have been far better, just look at how well things are going over there.

[1andrew1]

Originally Posted by Ramrod

That they have told us about

Are you suggesting that the Government is idly watching by whilst companies spend millions of Pounds investigating EU locations and some are moving staff overseas when it could reveal its plan and prevent this happening?

[Ramrod]

Originally Posted by 1andrew1

Are you suggesting that the Government is idly watching by whilst companies spend millions of Pounds investigating EU locations and some are moving staff overseas when it could reveal its plan and prevent this happening?

Not at all. I'm suggesting that the govt is beavering away in the background to thrash out a good deal with the EU and the rest of the world. Amazingly, the govt doesn't see why it should disclose it's thinking on these matters to you, your fellow remoaners or (more importantly) the EU......who would love to know what we are planning in order to counter it. Again, it's like I'm explaining things to a child.

[1andrew1]

Originally Posted by Ramrod

Not at all. I'm suggesting that the govt is beavering away in the background to thrash out a good deal with the EU and the rest of the world. Amazingly, the govt doesn't see why it should disclose it's thinking on these matters to you, your fellow remoaners or (more importantly) the EU......who would love to know what we are planning in order to counter it. Again, it's like I'm explaining things to a child.

Is that your way of saying that the Government doesn't have a plan?

Originally Posted by Ramrod

Not at all. I'm suggesting that the govt is beavering away in the background to thrash out a good deal with the EU and the rest of the world. Amazingly, the govt doesn't see why it should disclose it's thinking on these matters to you, your fellow remoaners or (more importantly) the EU......who would love to know what we are planning in order to counter it. Again, it's like I'm explaining things to a child.

Why on earth would the EU want to counter it ? .The government need to start releasing details to try and maintain some confidence that they actually know what they are doing .By the time they do release details there won't be any one left to release them to

---------- Post added at 07:08 ---------- Previous post was at 06:44 ----------

Originally Posted by TheDaddy

Mrs May snubbed

http://www.express.co.uk/news/uk/744...ean-Union-snub

No need for them to be rude imo

They aren't ,the 27 nations where going to discuss Brexit at the dinner and obviously the UK cannot be present because we haven't officially told the EU we are leaving ,also May doesn't invite EU leaders when she discusses Brexit with other nations outside of the EU .There will be plenty of talks and dinners that May won't be invited to over the next few years

[TheDaddy]

Originally Posted by Ramrod

Not at all. I'm suggesting that the govt is beavering away in the background to thrash out a good deal with the EU and the rest of the world. Amazingly, the govt doesn't see why it should disclose it's thinking on these matters to you, your fellow remoaners or (more importantly) the EU......who would love to know what we are planning in order to counter it. Again, it's like I'm explaining things to a child.

I'd imagine they already know all the options, it's not that hard to work out, especially when you consider they have handled the accession of all those new member states, put very simplistically all they have to look at is reversing the process and the hurdles they overcame then.

Originally Posted by martyh

Why on earth would the EU want to counter it ? .The government need to start releasing details to try and maintain some confidence that they actually know what they are doing .By the time they do release details there won't be any one left to release them to

Exactly, besides if these attitudes continue we might as well give up now, it's not a war it's negotiations and if we don't tone down the rhetoric no one will get a good deal.

---------- Post added at 07:17 ---------- Previous post was at 07:13 ----------

Originally Posted by martyh

Why on earth would the EU want to counter it ? .The government need to start releasing details to try and maintain some confidence that they actually know what they are doing .By the time they do release details there won't be any one left to release them to

---------- Post added at 07:08 ---------- Previous post was at 06:44 ----------



They aren't ,the 27 nations where going to discuss Brexit at the dinner and obviously the UK cannot be present because we haven't officially told the EU we are leaving ,also May doesn't invite EU leaders when she discusses Brexit with other nations outside of the EU .There will be plenty of talks and dinners that May won't be invited to over the next few years

They weren't having dinner when they ignored her, they're all around her hugging each other and not talking to her, poor Mrs May, I hope her feelings weren't hurt

[heero_yuy]

BUDGET supermarket chain Lidl is to create 5,000 jobs in London and invest £70m in a new UK headquarters in the capital as it reaffirms its commitment to post-Brexit Britain.

The German chain said the jobs are part of plans to open nearly 250 new stores in London as it pushes ahead with a three-year UK investment plan worth £1.5bn.

Linky

More bad news for the remoaners.

---------- Post added at 10:50 ---------- Previous post was at 10:45 ----------

Meanwhile the banks that the remoaners are saying we need to keep:

BIG foreign banks paid an average corporation tax rate of just six per cent in the UK last year – despite making billions of pounds here.

The pitiful amount of tax is just a third of the standard corporate tax rate of 20 per cent.
Big banks have paid tax at a rate of less than 6 per cent, just a third of the standard 20 per cent corporate tax rate

Such banks are not breaking any rules, but in many cases are using losses made in the financial crisis to reduce the tax they pay now.

Many of the biggest international banks operating in London have just published their tax figures ahead of a end-of-year deadline.

Five of them, all U.S. banks, reported a profit – a combined $7.5billion (£6billion) – and paid corporation tax, or corporate income tax, of $452 million (£361.6million).

Linky

Let them go to Brussels, we're better off without them.

[Kabaal]

Originally Posted by heero_yuy

Linky

More bad news for the remoaners.

Either they would have been doing it anyway or they are taking advantage of the fact that money is now tighter for most people so the need for budget supermarkets is greater. Neither are things to use as a gloating tool for brexit.