[Politics] Brexit

[vegster]

More positive news.

GE Renewable Energy to open new offshore wind blade manufacturing plant in Teesside
https://www.mtdmfg.com/news/ge-rene...-blade-manufacturing-plant-in-teesside/#ukmfg

New £9 million factory set to create 237 jobs in South Yorkshire
https://www.mtdmfg.com/news/new-9-million-factory-set-to-create-237-jobs-in-south-yorkshire/

Smurfit Kappa announces £34 million investment in North Wales
https://www.mtdmfg.com/news/smurfit-kappa-announces-34-million-investment-in-north-wales/

Swedish manufacturer Oatly to create 200 jobs at its first factory in the UK
https://www.mtdmfg.com/news/swedish...eate-200-jobs-at-its-first-factory-in-the-uk/

Hitachi Rail’s investment in North East factory reaches £110 million
https://www.mtdmfg.com/news/hitachi-rails-investment-in-north-east-factory-reaches-110-million/

And, conversely....."John Lewis Partnership and Lloyds Banking Group have announced plans to cut many hundreds of jobs.

John Lewis, which also runs Waitrose supermarkets, says it will axe up to 1,500 jobs at its head office as it makes further cost cuts.

It says the move will help it to save another £50m as it looks to make £300m in annual savings by 2022.

Meanwhile, Lloyds is cutting a further 730 jobs as part of a major restructuring programme. "

https://www.bbc.co.uk/news/business-54798282

 

[Pretty pink fairy]

Global bosses backing Britain

UK ranks higher in best investment destinations post-Brexit

The UK has overtaken India as the world’s fourth most promising growth opportunity, according to PwC’s annual CEO Survey. America, China and Germany remained the top three.

Writing in The Times today, Kevin Ellis, chairman of PwC UK, says: “The UK’s positive standing highlights what matters most to global business leaders.

“The EU trade deal drew to a close much of the uncertainty around Brexit. It’s hard to overestimate the importance of political certainty and stability when it comes to CEO decision making.”

PwC surveyed 5,050 chief executives from 100 countries in January and February. Half of the bosses ran businesses with annual revenues of more than $1 billion and 60 per cent were private. The survey found that 11 per cent of bosses chose the UK as a top three growth target, up from 9 per cent in autumn 2019 when the survey was last conducted. The rebound in Britain’s fortunes confounds gloomy predictions in previous PwC surveys about its status after Brexit.

Chinese executives were particularly interested in Britain, with 13 per cent putting it in their top three investment targets, compared with 3 per cent in 2019. A quarter of India’s bosses put the UK in the top three, up from 9.5 per cent in 2019. Interest in Britain as a growth prospect also increased in Canada and New Zealand.

https://www.thetimes.co.uk/article/global-bosses-backing-britain-krrmmvfrb

Global bosses backing Britain, shame a few more on here don't ..

A small minority trying to make a mountain out of a mole hill I'm afraid, 40 years in a ever controlling union is fading into the past for most people
Regards
DF

 

[Pretty pink fairy]

And, conversely....."John Lewis Partnership and Lloyds Banking Group have announced plans to cut many hundreds of jobs.

John Lewis, which also runs Waitrose supermarkets, says it will axe up to 1,500 jobs at its head office as it makes further cost cuts.

It says the move will help it to save another £50m as it looks to make £300m in annual savings by 2022.

Meanwhile, Lloyds is cutting a further 730 jobs as part of a major restructuring programme. "

https://www.bbc.co.uk/news/business-54798282

November 2020 ?Online banking / shopping ?
Regards
DF

 

[vegster]

More positive news.

GE Renewable Energy to open new offshore wind blade manufacturing plant in Teesside
https://www.mtdmfg.com/news/ge-rene...-blade-manufacturing-plant-in-teesside/#ukmfg

New £9 million factory set to create 237 jobs in South Yorkshire
https://www.mtdmfg.com/news/new-9-million-factory-set-to-create-237-jobs-in-south-yorkshire/

Smurfit Kappa announces £34 million investment in North Wales
https://www.mtdmfg.com/news/smurfit-kappa-announces-34-million-investment-in-north-wales/

Swedish manufacturer Oatly to create 200 jobs at its first factory in the UK
https://www.mtdmfg.com/news/swedish...eate-200-jobs-at-its-first-factory-in-the-uk/

Hitachi Rail’s investment in North East factory reaches £110 million
https://www.mtdmfg.com/news/hitachi-rails-investment-in-north-east-factory-reaches-110-million/

Oh, And..."Derbyshire cheese maker upset at £180 post-Brexit Stilton fee "

Simon Spurrell, the director of Hartington Creamery, said each parcel, palette or container of Stilton required a veterinary surgeon certificate costing £180 per destination.

With the average online order costing just £30, he said there was "absolutely no way" they could continue with what was a lucrative online sales business before Brexit.

"About 20% of our overall online turnover was with the EU," he said.

"We've had that completely and utterly wiped off overnight."
He is now looking at how the business can operate internationally in the future, with options either being to create a distribution warehouse in the EU, or to focus on the US market.

He said: "We've had a surge in interest and consumer sales from the US."

A trade deal agreed just before Christmas also saw the dairy get its first Canadian shipment.

However, he added the shipping costs across the Atlantic were "expensive".

https://www.bbc.co.uk/news/uk-england-derbyshire-56360131

 

[nicko31]

Oh, And..."Derbyshire cheese maker upset at £180 post-Brexit Stilton fee "

Simon Spurrell, the director of Hartington Creamery, said each parcel, palette or container of Stilton required a veterinary surgeon certificate costing £180 per destination.

With the average online order costing just £30, he said there was "absolutely no way" they could continue with what was a lucrative online sales business before Brexit.

"About 20% of our overall online turnover was with the EU," he said.

"We've had that completely and utterly wiped off overnight."
He is now looking at how the business can operate internationally in the future, with options either being to create a distribution warehouse in the EU, or to focus on the US market.

He said: "We've had a surge in interest and consumer sales from the US."

A trade deal agreed just before Christmas also saw the dairy get its first Canadian shipment.

However, he added the shipping costs across the Atlantic were "expensive".

https://www.bbc.co.uk/news/uk-england-derbyshire-56360131

Time to set up a base in Europe or find partner there to share the profit with

What about Japan sales much be booming thanks to Liz's hard work

 

[Chicken Run]

And, conversely....."John Lewis Partnership and Lloyds Banking Group have announced plans to cut many hundreds of jobs.

John Lewis, which also runs Waitrose supermarkets, says it will axe up to 1,500 jobs at its head office as it makes further cost cuts.

It says the move will help it to save another £50m as it looks to make £300m in annual savings by 2022.

Meanwhile, Lloyds is cutting a further 730 jobs as part of a major restructuring programme. "

https://www.bbc.co.uk/news/business-54798282

I’ll see your good news and raise you my bad news[emoji2356].

Quite literally couldn’t make this up.

 

[Randy McNob]

Some of the government ads on commercial radio are pitiful, " If you are a chocolatier from York we can help you get your product to Toronto or Mexico...." pretty much a consolation prize if you can't get your product 22 miles over The Channel!

It's the same old same old with Brexit, the idea that demand for your business in Canada or other far flung parts of the world has suddenly emerged in the last 5 years, and even if it did the notion that you couldn't have done businesses whilst in the EU anyway, why should leaving the EU make any difference? Then factor in the idea you have to stop doing business or make it extremely difficult to do business with your closest neighbouring countries in order to do so. The whole thing is just absurd, how did we end up here?

 

[Mental Lental]

https://www.irishtimes.com/news/ire...-backing-belfast-agreement-1.4508119?mode=amp

 

[Randy McNob]

[tweet]1370272278945144833[/tweet]

 

[nicko31]

[tweet]1370272278945144833[/tweet]

Imports less effected due to no customs checks, the government were terrified of empty supermarket shelves.

I expect February to improve a bit as there was a lot of stockpiling in December.

But as we head into March what's the odds the government will try and bury the trade fall against the Covid recession from last year. Gaslighting ahead?

 

[Pretty pink fairy]

I’ll see your good news and raise you my bad news[emoji2356].

Quite literally couldn’t make this up.

Temporary factors at best, keep on believing

Regards
DF

 

[WATFORD zero]

So having one-way border regulations for goods going into the EU but nothing coming the other way into the UK allows EU businesses to undercut UK businesses

U.K. Firms Decry Brexit’s Unfair Border as EU Goods Move Freely

The U.K.’s decision to postpone border checks on goods coming from the European Union until next year has delighted the country’s importers -- but left some exporters angry. Take Steve Howell’s Foodlynx. The firm, which sells British bacon and sausages to hotels and resorts across the EU, has suffered weeks-long delays to shipments since Brexit and spent thousands of pounds on customs fees.

After the government’s move on Thursday, EU firms will be able to sell their goods into Britain unimpeded until January. “My reaction is absolute dismay,” said Howell, whose products are mostly gobbled up by British expats and holidaymakers. “I can’t believe they could be so stupid to kill U.K. exports, but allow free rein into our country from the EU.”

https://www.bloombergquint.com/business/u-k-firms-decry-brexit-s-unfair-border-as-eu-goods-move-freely

Who knew

 

[Randy McNob]

Temporary factors at best, keep on believing

Regards
DF

Slogans trump facts again....?

 

[A1X]

Indeed, put this lot on the Titanic and they would be complaining about a dripping tap in their cabin while the icy cold water poured in the window ..

Meanwhile the Brexiters would presumably be denying the iceberg was a problem, that crashing into the iceberg was "the will of the passengers" and claiming we'd all soon be enjoying the sunlit uplands of New York.

 

[nicko31]

So having one-way border regulations for goods going into the EU but nothing coming the other way into the UK allows EU businesses to undercut UK businesses

U.K. Firms Decry Brexit’s Unfair Border as EU Goods Move Freely

The U.K.’s decision to postpone border checks on goods coming from the European Union until next year has delighted the country’s importers -- but left some exporters angry. Take Steve Howell’s Foodlynx. The firm, which sells British bacon and sausages to hotels and resorts across the EU, has suffered weeks-long delays to shipments since Brexit and spent thousands of pounds on customs fees.

After the government’s move on Thursday, EU firms will be able to sell their goods into Britain unimpeded until January. “My reaction is absolute dismay,” said Howell, whose products are mostly gobbled up by British expats and holidaymakers. “I can’t believe they could be so stupid to kill U.K. exports, but allow free rein into our country from the EU.”

https://www.bloombergquint.com/business/u-k-firms-decry-brexit-s-unfair-border-as-eu-goods-move-freely

Who knew

Trade sanctions on UK Exporters

Special treatment for importers

Wait for freeports, again great for importers dumping product into our market and f**king over our own

#5thcolumn

 

[portslade seagull]

Very good news

But with not a single one of those links having anything to do with the subject of this thread, it's just another pathetic attempt at derailing the thread which the mods have asked you not to do, and have said infractions will be issued for

Why don't you start a 'good news thread' in the main board and post this there rather than keep trying to derail the Brexit thread which is completely unrelated

Bit one sided with all your predicted job losses posts in amongst all the other dross you post. How many times as have you posted about 100,000s of banking jobs being lost

 

[WATFORD zero]

Bit one sided with all your predicted job losses posts in amongst all the other dross you post. How many times as have you posted about 100,000s of banking jobs being lost

The issues arising from Brexit do indeed seem to be very one sided, who could have guessed? But I have never posted about 100,000s banking jobs being lost. You are either mistaken or lying

But on the subject of financial services,

Do you think the financial sector should try for Equivalence with the EU or just go for Singapore de-regulation ?
or what do you think should be done to overcome the problems with the NI Protocol ?
or what do you think should be done about the fishing industry issues ?
or what do you think we should do about the export issues ?

Quite happy to have a discussion about any aspect of Brexit, it is the Brexit thread after all. Your choice

 

[JC Footy Genius]

Bit one sided with all your predicted job losses posts in amongst all the other dross you post. How many times as have you posted about 100,000s of banking jobs being lost

Thay all suffer from onformation bias combined with very selective memories
Most spent years predicting no deal armaggedon, some even wanted it to happen ...

Sent from my SM-G970F using Tapatalk

 

[WATFORD zero]

Thay all suffer from onformation bias combined with very selective memories
Most spent years predicting no deal armaggedon, some even wanted it to happen ...

Sent from my SM-G970F using Tapatalk

But of course, Brexit has turned out to be an unbridled success

And I see you have also repeated the lie that 'I posted about 100,000s of banking jobs being lost'. Proof, an apology or any sort of honesty would be nice, but I won't hold my breath

 

[WATFORD zero]

More bad news, I'm afraid

Brexit: UK to EU exports collapse by 40 per cent following end of transition period

The value of UK exports to the European Union plummeted by £5.6bn after the Brexit transition period ended, in the sharpest drop since records began.

Total exports of goods fell by £5.3bn, or 19.3 per cent, from December 2020 to January 2021. The fall was mainly driven by a 40.7 per cent drop in exports to the EU.According to data from the Office for National Statistics, published this morning, imports of goods fell by £8.9bn in the first month of the year, driven by a £6.6bn, or 28.8 per cent, decline in EU imports to the UK. The drop recorded in both imports and exports were the largest monthly falls since records began in January 1997.

https://www.cityam.com/uk-exports-to-eu-drop-5-6bn-after-brexit-transition-period-ends/

But the moment I see some good news that is actually as a result of Brexit I'll get it posted here, just like I did with the sanitary product tax