[Politics] Brexit

[Seagull58]

Surely all the resident remainers have been shorting Sterling at every possible opportunity since mid June?

If not why not?

If they've been shorting the FTSE 100 and 250 they'll be in a world of pain now!

 

[Seagull58]

Well that's a load of balls as I'm off to Castle Bromwich in 2 weeks to watch my new car roll off the production line. I'm not quite at the Jet or Ship ordering stage yet sadly.

Edit : Whoosh?

No, I was pointing out that we still make them and very well too. You misinterpreted the meaning.

 

[Postman Pat]

Didn't realise retaliation for bringing NSC 'home' would be this harsh.

 

[smiler]

Look on the bright side, we'll probably see less new BMWs on the road. What a fillip for the British car industry.....

What British car industry?

 

[Icy Gull]

What British car industry?

Exactly..

 

[Titanic]

What British car industry?

Almost 900,000 cars rolled off production lines at UK car factories in the first six months of 2016 (40% of the parts were also manufactured in Britain), 13% more than the same period in 2015.

 

[Butch Willykins]

What British car industry?

Exactly..

Do you not believe over 1 million cars are assembled annually in the U.K.?

Likewise do you also deny that hundreds of thousands of vehicles sold overseas each year are done so on the basis of them being of British heritage / British made?

Clueless. I bet you both drive Renaults.

 

[Icy Gull]

[FONT=&]Almost 900,000 cars rolled off production lines at UK car factories in the first six months of 2016 (40% of the parts were also manufactured in Britain), 13% more than the same period in 2015. Teh UK car industry employs [/FONT][FONT="]169,000 people.[/FONT]

How many were for BRITISH car companies rather than factories making foreign cars?

 

[Icy Gull]

Do you not believe over 1 million cars are assembled annually in the U.K.?

Likewise do you also deny that hundreds of thousands of vehicles sold overseas each year are done so on the basis of them being of British heritage / British made?

Clueless. I bet you both drive Renaults.

Assembled being the operative word. British workers not British cars though and yes I do drive a foreign marque, bet you do too?

Remind me who is clueless..

 

[jaghebby]

[FONT=&]Almost 900,000 cars rolled off production lines at UK car factories in the first six months of 2016 (40% of the parts were also manufactured in Britain), 13% more than the same period in 2015. [/FONT]

Just to add a little more figures regarding the British care industry!!!!

UK car manufacturing reaches 10-year high, growing 3.9% to 1,587,677 vehicles.
More cars exported than ever before, up 2.7% on previous year at 1,227,881.
Domestic production surges 8.1% to 359,796 to meet increasing demand for British-built cars.
EU demand grows 11.3%, with 57.5% of exports destined for the continent.
US overtakes China as UK’s largest export destination, with demand up by a quarter.

IN 2015, 77.3% OF CARS BUILT IN THE UK WERE EXPORTED

So can those who say "what car industry" take note!

 

[Icy Gull]

Just to add a little more figures regarding the British care industry!!!!

UK car manufacturing reaches 10-year high, growing 3.9% to 1,587,677 vehicles.
More cars exported than ever before, up 2.7% on previous year at 1,227,881.
Domestic production surges 8.1% to 359,796 to meet increasing demand for British-built cars.
EU demand grows 11.3%, with 57.5% of exports destined for the continent.
US overtakes China as UK’s largest export destination, with demand up by a quarter.

IN 2015, 77.3% OF CARS BUILT IN THE UK WERE EXPORTED

So can those who say "what car industry" take note!

Aren't you ignoring who actually owns and takes the profits from these cars assembled in the UK

So we are employed by foreigners to build their cars it is not the British car industry of yore

 

[wellquickwoody]

[FONT=&] (40% of the parts were also manufactured in Britain) [/FONT]

As someone in the motor industry, I say balderdash sir! No fxxkin chance of that at all. Maybe 40% by value, maybe 40% by so called British companies, but 40% by volume, never.

 

[smiler]

Do you not believe over 1 million cars are assembled annually in the U.K.?

Likewise do you also deny that hundreds of thousands of vehicles sold overseas each year are done so on the basis of them being of British heritage / British made?

Clueless. I bet you both drive Renaults.

Voting for brexit in Sunderland was like turkeys voting for christmas. Very short sighted

 

[Mo Gosfield]

And we have 2 1/2 years before we drive off the cliff!

...I think you might end up putting the brakes on pretty sharply once the cracks start to widen across the pond.

 

[Butch Willykins]

Assembled being the operative word. British workers not British cars though and yes I do drive a foreign marque, bet you do too?

Remind me who is clueless..

Errr, I drive a British car.

 

[Icy Gull]

Errr, I drive a British car.

Oh do tell I wasn't aware that there were any apart from specialist cars like Morgan, McClaren and Caterham. Are there any mainstream British owned car makers left?

 

[Mo Gosfield]

Christ we've had some tough times in recessions in decades gone bye...I'll happily go back to that as long as we brexit.


I assume a lot of the posters on here wailing and gnashing teeth and forecasting doom and gloom, weren't old enough to remember three day working weeks, power cuts for hours on end, bodies piled up in makeshift morgues, waiting weeks for burial, rubbish piled 12-15 feet high in the streets and rats having a field day. Soaring interest rates and rampant, hyper inflation. Lightning strikes, pickets, ugly civil unrest on the streets, communities at war with each other and schools closed. Hospitals relying on emergency generators, that sometimes failed and the army being called onto the streets to provide cover for vital services.
Still, when you weigh it up, I suppose a falling pound is enough ammunition for us to all go and shoot ourselves.

 

[Butch Willykins]

Oh do tell I wasn't aware that there were any apart from specialist cars like Morgan, McClaren and Caterham. Are there any mainstream British owned car makers left?

Well, the Chief Exec of JLR seems to think they are a British product. He went on record this week saying as much. Surely he would know.

 

[Icy Gull]

Well, the Chief Exec of JLR seems to think they are a British product. He went on record this week saying as much. Surely he would know.

I think you'll find they are owned by TATA an Indian company but carry on

 

[jaghebby]

Aren't you ignoring who actually owns and takes the profits from these cars assembled in the UK

So we are employed by foreigners to build their cars it is not the British car industry of yore

From an article on the BBC 3 years ago and I quote: -

"In any case, Britain still owns far more direct investment assets overseas than vice versa. The ONS estimates that Britain currently has £1.1 trillion direct investment assets overseas, £300bn more than the rest of the world owns in the UK. Britain also typically enjoys a surplus in investment income. Since 2000, inflows of investment income have averaged 13.5% of GDP compared to outflows which have averaged 12.4% of GDP. This means each year Britain has received a net flow of investment income equal to 1.1% of GDP from the rest of the world. It just goes to show that Britain has a long history of successfully buying other countries' family silver."