Supermarkets have estimated that, on average, food prices will rise by 20% (some items by 50%) in the event of a no deal Brexit. I do remember a news item a few months ago that claimed mirrors will be cheaper. So not all bad. Good luck everybody.
Ah, but its just project fear? No?.... you mean that prices will actually go up? Oh bugger.... nobody told us that! We thought they were kidding!
But on the bright side we are going to have another royal brat to look after. And that along with great granny liz asking to be bailed out. Oh such joy
All of the benefits of being out of the EU will compensate for a 20-50% rise in the cost of food though.....
As long as we've got our sovereignty and the Cummings Johnson Dictatorship (CJD) are free to make our new laws we'll be fine. Just fine.
Yeah but greater sovereignty and no more unelected beaurocrats (Cummings anyone?) and immigrants storming the beaches of Kent in their millions. And that trade deal with Japan, which we essentially already had when in the EU.
I had a short chat with something of a business ally/competitor today and we had a really open chat about the business environment. I was really shocked to hear they are winding up their business. Most of you will never have heard of them or even be aware of their existence, but they employ 15-20 people. The shocking thing wasn't that their business climate was tough, but why it was tough. They blamed brexit and their business drying up as the main reason (the clients were UK subsids of companies based in EU), combined with a hit to business confidence and the final nail being the unveiling of the jobs support scheme yesterday with all its flaws. 85% of their business income was lost from January to March when we left the EU. Then covid and lockdown landed. And they lost the other 15%. For 3 months they've not received a penny in income and they've been unable to cut costs sufficiently other than through furlough. They were even rejected for govt business loans, but were offered standard loans with elevated rates. Something the directors didnt want to do with zero income or zero pipeline. I find it very sad that such a good business with 3 very good directors with integrity are having to close the door and have 15-20 people unemployed in the run up to Christmas. Not just that, but it won't even make a ripple in the media as they and many other small businesses do the same in the coming weeks and months. Very very sad.
But at least there will be plenty of food for us that's left now all the immigrants have been deported a la Brexit.
That is really sad, and it's exactly what every right minded person has been saying would happen for years. I still can't believe the way that the leave campaigners and putin's bots managed to con everyone on this. We're all going to be worse off as a result... apart from a few people who are already very rich. Still... WeVe gOt oUr cOuNtRy bAcK
I can't resist jumping on each one of these threads because it still makes me angry The brexit voters all go quiet when sonmebody presents the real world, actual terrible impact of Brexit. I suppose it's harder to say "You lost, stupid remoaner lol" now that it's actually happened
I'd feel so rubbish having to let employees go. This government has to be held accountable at some point, and that point will probably be when enough of the population has been hit in the pocket.
I can say from personal experience, having to let an employee go in isolation for any reason is really hollow. It invokes all sorts of emotions. But having to do it because of future viability isn't something I can describe at all. Of course there will be some who don't care. One of my clients is currently consulting on 10% of their workforce which will equate to around 250 losses. I don't think I could do that. At the time of credit crunch in 2008 I had to let 2/3 of my people go (had a lot of clients in financial services sectors so was very exposed) and its the single worst thing i've ever had to do. It felt a very personal thing and for people you've worked with and rewarded, laughed with and become friends with, to have to do that for pure survival is beyond horrible and instantly kills any basis of relationship you are ever able to have with them. You feel guilty, but thankful. You feel isolated. You feel tension from others. Its beyond horrible. Brexit + Covid though makes 2008 look like nothing at all. We're currently fine, but only because we had a bumper back end to last year when we do most of our business typically. We're currently in what is usually our boom time, and its very quiet. I truly don't know what the landscape will look like when we eventually find an answer to covid and we start to operate in a world post brexit. But it won't be pleasant.
In 2024 The Cummings Johnson Dictatorship might still be exercising their 'emergency powers' and feel that its not in the best interest of the country to have an election...
Very sad to hear. I know of at least 30 businesses in my sector that were very successful up to March that have folded. The Government announcement this week that it will be at least April before weddings can go ahead makes it 80% likely my business will be insolvent before then, as I have loads of people having a 15 person wedding & then I have to refund their deposit. The true cost of COVID-19 & Brexit is going to be horrific. I've no faith in Dominic Cummings & his monkey to come up with any form of strategy to stop chaos reigning as we get into 2021. At least I've stopped worrying about football. I don't quite agree with Bill Shankly on everything.
Sadly this has been going on ever since the Brexit Announcement - particularly for Charities. Overnight, European funding that charities were accessing halted. In Kirklees where my projects are based, dozens of charities went from accessing tens of thousands of pounds to closing, with the loss of jobs and the loss of the important services they provide. The charity i work for held on by the skin of their teeth. It’s been a nightmare. Ironically, furlough has actually given us breathing space, but the future looks very bleak in terms of accessing future funding. But at least we have our country back.
That is terrible. Amazon are doing great apparently. The tax revenue from them will keep us all supported. Oh, hang on a minute...
I'm sure supermarkets would love prices to rise. Over the last 6 months my weekly shopping bill has already rose by a good 15%. Just how those few million who have to exist on minimum wages are going to cope with the 'brexit' rise I don't know. As if we don't have enough on our meagre plate.