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-   -   Post-Brexit Thread (https://www.cableforum.uk/board/showthread.php?t=33703180)

ntluser 29-06-2016 09:33

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Damien (Post 35846836)
The single market lets you treat the entire area it encompasses as one big economic area rather than an external one with which you trade. The difference between someone in London trading with Liverpool as opposed to New York. Liverpool is internal and transactions are simple but New York, even with a trade agreement, can require more paperwork, different regulations and maybe costs depending on the terms of any trade deal.

A company based in London at the moment has pan-European access with the only barrier being language. They can sell just as easily to Berlin as they can to Manchester. Buy/Sell/Recruit/open an office, it's all as if it were the same nation. Many major companies have the same company working across Europe. They may have a HR department in Poland, a legal department in London and a marking department in Berlin all under one legal incorporation and one form of regulation. Their registration anywhere within the 27 (actually the EEA too IIRC) opens up all of Europe to them.

It's very different to a trade deal and many on here still see business as the physical buying or selling of finished goods when in reality a lot of it is economic activity happening across boards which are hard to quantity in import/export figures. This is especially true of services which is our biggest industry, i.e how do you put a hard figure on a legal firm in London consulting for a company in Italy in such figures?

This is why Vodafone , Visa and banks are looking to move jobs out of Britain if we exit the single market.

Maybe it's worth leaving the single market to free ourselves of EU laws and to control immigration but we shouldn't dismiss the fact we will be losing something tangible and beneficial to the economy by leaving the single market. There has been a frequent misunderstanding of what the single market is during this referendum and many people who seem to think it's only about tariff-free trade for physical goods.

Interesting, Damien, thanks for that.

Maybe giving up the single market in favour of the private deals suggested by Big Brian is the way to go especially if we can do it without trade tariffs.

Also gives us the opportunity to explore bigger and better deals with the Commonwealth, China, Australia, India etc. Maybe some deals with countries outside the EU may be better and we won't be so reliant on the EU.

I still wonder what the EU will do about either the non-payment or reduced payment of the UK contribution.

jamiefrost 29-06-2016 09:42

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Gavin78 (Post 35846835)
Just look at the amount of money handed over to Greece? How much of that was or could have been in Osborne's budget for our economy? How much or how many times have we lost out under that status some of it I guess we'll never know.

That would be none, only Euro zone countries were liable.

Quote:

Originally Posted by Gavin78 (Post 35846835)
With the way the EU was going this referendum was going to happen sooner or later anyway. There might be talk of some businesses move out of the UK Vodafone as an example but well this is just a clear out or reshuffle and probably had every intention of moving anyway. Whatever company falls or goes there will be 10 others waiting to pick the pieces up.

Like Farage said we are open for business if you want to cut off millions of people you trade with and have mass job losses your end then so be it, it won't be the UK that causes your down fall but your own selfless acts.

So why would major global companies have left the UK anyway if we had stayed. There was no indication on companies just wanting to move for the sake of it.

It's not so much cutting of trade just the fact that this trade will become more expensive outside the single market

As for a special deal just with the UK why would they treat us better then the US? The US trade with the EU is twice the size of the UK.

On top of this we will still need to comply with all of the rules and regulations of trading there, CE marking as a starter among lots of other things .

In addition if we say our rules and regulations will be ours to decide and so will start to drift away from the EU this would mean companies potentially having to produce a special UK version (this was the whole point of harmonization) and I can't see suppliers absorbing all of those costs.

J

Big Brian 29-06-2016 09:56

Re: Post-Brexit Thread
 
Quote:

Originally Posted by jamiefrost (Post 35846844)
That would be none, only Euro zone countries were liable.



So why would major global companies have left the UK anyway if we had stayed. There was no indication on companies just wanting to move for the sake of it.

It's not so much cutting of trade just the fact that this trade will become more expensive outside the single market

As for a special deal just with the UK why would they treat us better then the US? The US trade with the EU is twice the size of the UK.

On top of this we will still need to comply with all of the rules and regulations of trading there, CE marking as a starter among lots of other things .

In addition if we say our rules and regulations will be ours to decide and so will start to drift away from the EU this would mean companies potentially having to produce a special UK version (this was the whole point of harmonization) and I can't see suppliers absorbing all of those costs.

J

Cos they want the security as they see it of freedom of movement and trade.

jamiefrost 29-06-2016 09:59

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Big Brian (Post 35846848)
Cos they want the security as they see it of freedom of movement and trade.

No the point implied was that companies were going to leave the UK anyway not because we voted to leave.

J

ianch99 29-06-2016 10:19

Re: Post-Brexit Thread
 
Vodafone are considering moving their HQ from the UK:

Vodafone could move London HQ outside UK post-Brexit

Quote:

Vodafone has warned it could move its headquarters from the UK depending on the outcome of Britain's negotiations to leave the European Union.

The telecoms giant said in an emailed statement it was important to retain access to the EU's free "movement of people, capital and goods".

Stuart 29-06-2016 10:30

Re: Post-Brexit Thread
 
Quote:

Originally Posted by RBMark (Post 35846681)
Remainers were very clear before the result, even a difference of ONE VOTE would be accepted, remain also said A50 would be triggered the next day, bunch of liars.

Personally the best thing to come out of the referendum (outside of London) is the massive sense of community in England. For the first time ever as a white English man I feel part of a community and it's a community that I won't let go of!

I'm sure everyone here agree it's great that the English finally got a healthy sense of community.

Yes,it may be better to invoke A50 ASAP. Had leave (or even the Government) actually done any planning rather than just infer we would have more money to spend on the NHS and would reduce immigration, we may have been in a position to do so without severe financial repercussions.

Also, as asked before, if you aren't concerned with Race, why introduce your own into the thread?

Gavin78 29-06-2016 10:48

Re: Post-Brexit Thread
 
Quote:

Originally Posted by ianch99 (Post 35846858)
Vodafone are considering moving their HQ from the UK:

Vodafone could move London HQ outside UK post-Brexit


They have a Bigger EU customer base and employ more staff in the EU, but my point is they would have had every intention to move anyway. I wasn't implying they would stop trading with the UK they would have to have some companies over here anyway to maintain UK trade and customers unless they want to cut ties with 18m people then so be it.

Like I said companies like this are like pop up shops one goes down another one pops up to take it's place.

but If the EU was that good then why do a lot of companies offshore their calls centres to Indian?

It doesn't wash with me if these big companies want to move out to the EU then let them when the whole thing collapses they'll want to come running back and find someone else has already moved in.

---------- Post added at 10:48 ---------- Previous post was at 10:43 ----------

Quote:

Originally Posted by Stuart (Post 35846859)
Yes,it may be better to invoke A50 ASAP. Had leave (or even the Government) actually done any planning rather than just infer we would have more money to spend on the NHS and would reduce immigration, we may have been in a position to do so without severe financial repercussions.

Also, as asked before, if you aren't concerned with Race, why introduce your own into the thread?


Cameron has an issue with stirring the Racist pot as well. He's even told Brussels that basically 50% of the country are Racists. Its just a shame he forgot to mention the rest :erm::rolleyes:

I guess Leave couldn't do any planning only possibilities till the referendum was decided as the EU said they will not discuss any deals till A50 is made so here we are they are in talks now.

Problems with some people is they want everything done yesterday but you can't fix "stupid"

ntluser 29-06-2016 11:20

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Gavin78 (Post 35846862)
They have a Bigger EU customer base and employ more staff in the EU, but my point is they would have had every intention to move anyway. I wasn't implying they would stop trading with the UK they would have to have some companies over here anyway to maintain UK trade and customers unless they want to cut ties with 18m people then so be it.

Like I said companies like this are like pop up shops one goes down another one pops up to take it's place.

but If the EU was that good then why do a lot of companies offshore their calls centres to Indian?

It doesn't wash with me if these big companies want to move out to the EU then let them when the whole thing collapses they'll want to come running back and find someone else has already moved in.

---------- Post added at 10:48 ---------- Previous post was at 10:43 ----------




Cameron has an issue with stirring the Racist pot as well. He's even told Brussels that basically 50% of the country are Racists. Its just a shame he forgot to mention the rest :erm::rolleyes:

I guess Leave couldn't do any planning only possibilities till the referendum was decided as the EU said they will not discuss any deals till A50 is made so here we are they are in talks now.

Problems with some people is they want everything done yesterday but you can't fix "stupid"

I think Leave could not do any planning because Cameron debarred Brexit campaigners from using government agencies.

However, even with all the Government departments available Cameron and Osborne were not willing to give us concrete facts.

George Osborne could have quoted annual figures for the gross amount we pay to the EU, our rebate and the amount receive back in grants. He didn't.

Cameron could have been honest about Turkey's entry to the EU. He wasn't.

The whole thing was a shambles with Cameron giving a totally wrong impression of the UK situation to the EU who thought the vote to stay in was a done deal. No wonder they were surprised and angry.

It was a pity that Nigel Farage chose to rub the EU referendum decision in the faces of the Euro MPs instead of explaining rationally that David Cameron had got it wrong and had conveyed the wrong impression to the EU, which he is still doing now.

Fixing this will take time and patience.

What we need now is calm, common sense and mutual respect for the rights and views of others.

Ignitionnet 29-06-2016 11:30

Re: Post-Brexit Thread
 
I've just read some articles that claim to indicate the EU's position.

It's.... genius.

Damien 29-06-2016 11:30

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Ignitionnet (Post 35846875)
I've just read some articles that claim to indicate the EU's position.

It's.... genius.

?

ntluser 29-06-2016 11:31

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Ignitionnet (Post 35846875)
I've just read some articles that claim to indicate the EU's position.

It's.... genius.

Any details, Ignitionnet?

Ignitionnet 29-06-2016 11:36

Re: Post-Brexit Thread
 
Oh if France get their way, and it's a rock and hard place position that the new PM will be in, a lot of people can look forward to enjoying their newly found sovereignty with tax rises and/or public services cuts.

This is the 'word' in the City of London. Love or hate it financial services are the biggest contributor to our tax base.

Quote:

Merkel and Brussels have outright already refused an EEA+ agreement that gives UK migration control, passporting and single market access.

What is passporting? All banks registered in UK have a "passport" that allows them to do business with whole EU. The City depends on it.

Base case is Berlin and Brussels plan to insist on an EEA- (i.e. a worse deal than Norway) that excludes passporting, migration controls.

This would however allow services to continue to have access to the single market. But not financial services. Mass migration continues.

This is formal offer. But Paris is planning a turn of cynical brilliance - that could at a stroke smite London and restore Paris to glory.

France cynicallly intends to offer Britain an EEA- that excludes passporting, but gives them a migration cap, and single market access.

This is a brilliant move: "you get less Poles, but we want your banks." It would be in France's interests to encourage UK out to get banks.

This would leave some stuff shirt like Crabb in a disastrous position: Paris and Berlin would have handed him a deal only "bad for bankers."

But the cynical French deal would be exactly the kind of cap migration, free movement for us and single market deal that the public want.

The next Tory muchkin leader would then be a hideous position: have his tax base slashed at by loss of banks as his voters rejoice.

As I said - genius. Cynical, evil genius.

jamiefrost 29-06-2016 11:45

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Gavin78 (Post 35846862)
Like I said companies like this are like pop up shops one goes down another one pops up to take it's place.

Vodafone are a pop up shop :rolleyes:

they have 144 million customers world wide, 19.5 million uk customers, I did't realize multi billion pound companies are just waiting to pop into the UK as setup shop.

55% of their profits came from the EU only 11% from the UK, but I guess that doesn't matter as there all of these other companies just waiting in the wings to replace the all of the losses the country will suffer.

J

---------- Post added at 11:45 ---------- Previous post was at 11:42 ----------

Quote:

Originally Posted by Ignitionnet (Post 35846878)
Oh if France get their way, and it's a rock and hard place position that the new PM will be in, a lot of people can look forward to enjoying their newly found sovereignty with tax rises and/or public services cuts.

This is the 'word' in the City of London. Love or hate it financial services are the biggest contributor to our tax base.



As I said - genius. Cynical, evil genius.

Hey what will it matter as all of the leavers are saying it's only bankers etc. and there are plenty of other companies just waiting to replace 12% of the UK's GDP

J

Osem 29-06-2016 11:50

Re: Post-Brexit Thread
 
Isn't it odd how not that long ago folks were banging on about how great it'd be if the banks and big fat corporations took their business and 'immorality' elsewhere yet now people are trembling at the very prospect that they 'might'. Big companies 'threatening' to move in order to influence policy isn't new, it's what they do to get the best deal for themselves and people panicking prematurely about it doesn't work in our favour it works in theirs. Some people really do need to get a grip of what's going on here and calm down a little... well a lot actually, it's pathetic.

ntluser 29-06-2016 11:56

Re: Post-Brexit Thread
 
Quote:

Originally Posted by Ignitionnet (Post 35846878)
Oh if France get their way, and it's a rock and hard place position that the new PM will be in, a lot of people can look forward to enjoying their newly found sovereignty with tax rises and/or public services cuts.

This is the 'word' in the City of London. Love or hate it financial services are the biggest contributor to our tax base.



As I said - genius. Cynical, evil genius.

Fortunately, it's not a deal we have to accept.

We could accept freedom of movement but manage it better so that Brits get a better deal.

If we have to pay less then the extra money could be spent addressing the worries and concerns of the UK population, which are only there because of mismanagement of immigration arrangements by national and local government.

Our schools and NHS could get extra money and No 10 could take a direct interest in finding out why our nationals are unemployed.

Some may not want a job ever so cancel their benefits.

Some may lack skills so provide compulsory training,

Some may have skills but are living in the wrong area so provide re-location grants.

Some may be unemployable so provide a revamped version of Remploy for people with special needs allowing them to contribute.

There's no reason why anyone should be unemployed because even just on this forum alone there are plenty of people with ideas as to how to improve things.

All we need is a government with a practical plan to get things done and not rely on private employment firms who do it for profit not for the good of the country.


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