Brexit again - another huge negative

Discussion in 'Bulletin Board' started by Farnham_Red, Oct 22, 2020.

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  1. Sco

    Scoff Well-Known Member

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    At least two overseas suppliers into the UK - one is which is the official William Shatner shop! - have decided to stop selling to UK customers as a result.



    Getting less press at the moment, but probably more impactful is the withdrawal from REACH, which is expected to cost BASF alone over £1bn to continue to produce chemicals in the UK.

    https://www.independent.co.uk/news/...rthern-ireland-mps-boris-johnson-b714335.html
     
    Scoff, Oct 22, 2020
    #21
  2. Tyke_67

    Tyke_67 Well-Known Member

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    Don't bet on it
     
    Tyke_67, Oct 22, 2020
    #22
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  3. Dav

    DavidCurriesMullet Well-Known Member

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    The news will filter out slowly, drip drip drip. It's not going to get any better, like I said yesterday when the main stuff drops folk aren't going to be happy.
     
    DavidCurriesMullet, Oct 22, 2020
    #23
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  4. pon

    pontyrich Well-Known Member

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    Seriously? Where am I going to get my TJ Hooker wig from now?
     
    pontyrich, Oct 22, 2020
    #24
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  5. Dav

    DavidCurriesMullet Well-Known Member

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    His hair in T J Hooker was a piece of art! Probably extremely flammable and had its own agent. He was the only middle aged man with a barrel gut who was able run a sub 10 second hundred metres........I'm sure he did all his own stunts....
     
    DavidCurriesMullet, Oct 22, 2020
    #25
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  6. Til

    Tilertoes Well-Known Member

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    The biggest negative about brexit is that its ******* boring
     
    Tilertoes, Oct 22, 2020
    #26
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  7. Wat

    Watcher_Of_The_Skies Well-Known Member

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    The Iraq War: enters the chat.
     
    Watcher_Of_The_Skies, Oct 22, 2020
    #27
  8. Farnham_Red

    Farnham_Red Administrator Staff Member Admin

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    Can I just point out now I was against the Iraq war at the time
    And I am against Brexit at the time

    If by some miracle Brexit turns out to be a great idea I will hold up my hands and admit I was wrong, I dont think I need worry though
     
    Farnham_Red, Oct 22, 2020
    #28
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  9. Ton

    Tonjytyke Well-Known Member

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    Off his brother, Alf!
     
    Tonjytyke, Oct 22, 2020
    #29
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  10. Jimmy viz

    Jimmy viz Well-Known Member

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    Portes does some great work on the financial impact.
     
    Jimmy viz, Oct 22, 2020
    #30
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  11. Dav

    DavidCurriesMullet Well-Known Member

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    This and the other post are on the lines of what I've seen, but there's much more to come. Frightening as f*ck for small and medium sized businesses, the large ones already know what's coming. Let's just say they're already looking at contingency plans which don't involve being in the UK. The birds disappear in late autumn, big companies are getting ready for early winter unless they see a deal is struck.
     
    DavidCurriesMullet, Oct 22, 2020
    #31
  12. Farnham_Red

    Farnham_Red Administrator Staff Member Admin

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    Project fear you say I'll give you project fear

    UK food and drink industry warns Boris Johnson that companies plan to pull out of Northern Ireland over Brexit
    • EXCLUSIVE: The leaders of 40 food and drink associations have warned Prime Minister Boris Johnson that companies are planning to pull out of Northern Ireland.
    • The anticipated cost of post-Brexit trade across the Irish Sea "means it will no longer be practical" for British businesses to continue serving.Northern Irish customers, the letter seen by Business Insider says.
    • The letter, addressed to the senior UK ministers Michael Gove and George Eustice, urged them to minimize new checks on goods going from Great Britain to Northern Ireland next year.
    • Businesses are still waiting for details of how trade across the Irish Sea will work with just over two months until the end of the Brexit transition period
    https://www.businessinsider.com/bre...-leaders-warn-boris-johnson-2020-10?r=US&IR=T
     
    Farnham_Red, Oct 22, 2020
    #32
  13. sadbrewer

    sadbrewer Well-Known Member

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    It might be fairer to call it Project "minimize new checks on goods going from Great Britain to Northern Ireland next year.".
     
    sadbrewer, Oct 22, 2020
    #33
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  14. sadbrewer

    sadbrewer Well-Known Member

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    Others conclude your analysis might be too negative...Deloitte's report last year.
    "
    • Deloitte analysis shows that 3,900 UK inward investment projects in the past three years brought in $140 billion of capital –more than France and Germany combined
    • 57% of Fortune 500 companies have their European headquarters in the UK
    • Impact of Brexit on foreign investor sentiment yet to be seen but report highlights need to maintain a pro-growth, open and stable business environment to keep up investment
    The UK attracted more foreign direct investment (FDI) than any other country in Europe between 2015 and 2018, with nearly four thousand projects bringing in more capital investment than second and third placed Germany and France combined. Analysis in Deloitte’s ‘Power Up: UK inward investment’ report also reveals that the UK ranks second only to the US on the global stage in terms of number of inward investment projects."
     
    sadbrewer, Oct 23, 2020
    #34
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  15. Red

    Red West Well-Known Member

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    F*cking hell, the national irony supercomputer just became self-aware and triggered judgement day.
     
    Red West, Oct 23, 2020
    #35
  16. Ses

    Sestren Well-Known Member

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    Good stuff! Any stats on how many of those "inward investment projects" are in Barnsley? Or Middlesbrough? Or Coventry? 57% of Fortune 500 companies don't have their headquarters "in the UK", they have them in London.

    I'd be really looking forward to your response if the whole thing weren't so sad. You're cheerleading for people who despise you.
     
    Last edited: Oct 23, 2020
    Sestren, Oct 23, 2020
    #36
  17. sadbrewer

    sadbrewer Well-Known Member

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    I'm not expert enough to be able to say....I can only pass the message on that Deloitte's say they are in the UK, sorry if that doesn't fit in with your agenda...would you prefer they weren't coming to the UK at all?
     
    sadbrewer, Oct 23, 2020
    #37
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  18. Ses

    Sestren Well-Known Member

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    Is it not in the report? I've seen quite a few FDI reports in my time, and most of them at least break it down by region.
     
    Sestren, Oct 23, 2020
    #38
  19. sadbrewer

    sadbrewer Well-Known Member

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    Apologies I thought you were just making a snide comment...no it doesn't, just an overview of investment into European countries.
     
    sadbrewer, Oct 23, 2020
    #39
  20. Ses

    Sestren Well-Known Member

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    Do you have a link to the actual report?
     
    Sestren, Oct 23, 2020
    #40
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