The Positive Brexit Thread

[keelansgrandad 6,679]

1 hour ago, SwindonCanary said:

Shell plans to move headquarters to the UK - BBC News

Is that the fossil fuel outfit? You do know what COP26 was don't you.

[SwindonCanary 455]

[Herman 9,767]

The operative phrase is "tax residence". 

[SwindonCanary 455]

[Surfer 1,547]

Blimey, a 200 million pound investment! Must have been wrong about Brexit then, with results like that we are obviously heading to become a global powerhouse once more….

[horsefly 4,300]

3 hours ago, Surfer said:

Blimey, a 200 million pound investment! Must have been wrong about Brexit then, with results like that we are obviously heading to become a global powerhouse once more….

Indeed! we're clearly well on the way to recovering the £17 billion the National Audit Office has said brexit has already cost the UK. 

[Well b back 3,208]

1 hour ago, horsefly said:

Indeed! we're clearly well on the way to recovering the £17 billion the National Audit Office has said brexit has already cost the UK. 

And the estimated 19 billion we had to pay the EU for our 96 million extra Pfizer doses.

[SwindonCanary 455]

A very well written and balanced article titled 'What happens if the UK re-joins the EU ?" on the Politico site - worth 10 minutes of any time.

 

Edited November 16, 2021 by SwindonCanary

[Yellow Fever 3,786]

5 hours ago, Surfer said:

Blimey, a 200 million pound investment! Must have been wrong about Brexit then, with results like that we are obviously heading to become a global powerhouse once more….

 

1 hour ago, horsefly said:

Indeed! we're clearly well on the way to recovering the £17 billion the National Audit Office has said brexit has already cost the UK. 

Brexiteer economics.

 

[A Load of Squit 5,164]

1 hour ago, SwindonCanary said:

A very well written and balanced article titled 'What happens if the UK re-joins the EU ?" on the Politico site - worth 10 minutes of any time.

 

But not worth you posting a link?

[Well b back 3,208]

2 hours ago, A Load of Squit said:

But not worth you posting a link?

He hasn’t read it, just heard about it on GB News, or something similar.

[keelansgrandad 6,679]

These massive deals just keep coming and coming. We are are so lucky to be living at this time.

[horsefly 4,300]

 

https://www.msn.com/en-gb/news/uknews/uk-inflation-surges-to-10-year-high-of-4-2-as-fuel-and-energy-prices-soar-business-live/ar-AAQNt40?ocid=msedgntp

UK inflation surges to 10-year high of 4.2% as fuel and energy prices soar – business live

Remember the promises pre-brexit:

 

[horsefly 4,300]

The idea that the CPTPP would represent anything remotely close to the benefits of belonging to the Single Market are ridiculed in a report from the cross-party House of Lords International Agreement Committee:

https://www.msn.com/en-gb/news/uknews/clear-risk-uk-joining-pacific-trade-deal-will-raise-drug-prices-for-nhs/ar-AAQNwXb?ocid=msedgntp

‘Clear risk’ UK joining Pacific trade deal will raise drug prices for NHS

There is a "clear risk" that joining a major Pacific trading agreement will raise drug prices for Britain's NHS, peers have warned. 

Ministers have said they want Britain to join the so-called trans-pacific partnership (CPTPP) – a major trading bloc that includes countries like Vietnam, Australia, and Mexico.

But a report by the cross-party House of Lords International Agreement Committee found that there were "limited" economic benefits from joining CPTPP.

While peers accept that there could be unknown upsides down the line to joining the bloc, they warned that its possible "marginal economic benefits" also had downsides.

Chiefly, the peers said there was evidence that the terms of joining the agreement would make it harder for the NHS to use cheap generic drugs.

"Throughout the Negotiating Objectives, [the government] makes clear that 'the NHS, its services and the cost of medicine are not on the table'," the report says.

"Yet we received evidence of a potential conflict between Article 18.53 and the UK’s current system of market authorisation of generic and biosimilar drugs.

"We find that two CPTPP provisions on intellectual property are particularly problematic, raising the possibility of significant economic damage to the UK’s patent industry, and higher prices paid by the NHS for generic medicines and biosimilars." ...

[SwindonCanary 455]

2 hours ago, horsefly said:

Ministers have said they want Britain to join the so-called trans-pacific partnership

What they want and what they get are two different things 

[sonyc 5,519]

The consumer issues connected to Brexit....bad news for us all.

https://www.mirror.co.uk/money/breaking-amazon-stop-accepting-visa-25477981

 

 

Edited November 17, 2021 by sonyc

[horsefly 4,300]

1 hour ago, SwindonCanary said:

What they want and what they get are two different things 

Care to explain the point of what you have said?

[SwindonCanary 455]

they want it, but will not get it

[Herman 9,767]

2 hours ago, sonyc said:

The consumer issues connected to Brexit....bad news for us all.

https://www.mirror.co.uk/money/breaking-amazon-stop-accepting-visa-25477981

 

 

These massive corporations will not do anything through goodwill alone and need regulations. The EU brought in some great regulations to protect consumers but the brexiters threw them away and this is the consequences. Well done. 

[ricardo 7,395]

21 minutes ago, Herman said:

These massive corporations will not do anything through goodwill alone and need regulations. The EU brought in some great regulations to protect consumers but the brexiters threw them away and this is the consequences. Well done. 

Nothing at all to do with Brexit, Mastercard have cut a special reduced rate with Amazon and Visa have refused to match it.

[Yellow Fever 3,786]

50 minutes ago, ricardo said:

Nothing at all to do with Brexit, Mastercard have cut a special reduced rate with Amazon and Visa have refused to match it.

Actually if your read SonyC's link it is. There is cap in the EU.

Outside the EU both MC and VISA can raise the interchange rate as they like (x5 apparently) . Sure companies can then make 'special' arrangements.

https://www.mirror.co.uk/money/breaking-amazon-stop-accepting-visa-25477981

Edited November 17, 2021 by Yellow Fever

[horsefly 4,300]

Turns out that "Project Fear" was nowhere near fearful enough:

https://www.msn.com/en-gb/news/uknews/brexit-british-pies-to-be-banned-from-eu-unless-ingredients-come-from-brussels-approved-farms/ar-AAQO9bS?ocid=msedgntp

Pies made in Britain will be banned from export to the EU if their ingredients do not come from an “approved” farm or factory, trade experts have warned MPs.

Ms Rees said the problem could easily arise because the UK had recently approved agricultural ingredients from premises in Turkey – which might not be on the EU approved list.

Mark Garnier, a Tory trade minister, raised the alarm over the “chicken, ham and mushroom pie problem”, warning: “It could be how you make the pastry, or the ham.”

The end of a transition period for tightening rules on “composite products” was “concerning many companies right now that export to the EU”.

Exporters have already protested at huge new costs and barriers since the trade deal came into force last January, swiping £17bn from EU trade in just three months.

The economic damage from leaving the EU became clearer when the Office for Budget Responsibility said GDP would fall by 4 per cent, taking £80bn out of the UK economy each year.

Ministers were also forced to concede that Brexit was a key cause behind the autumn food and fuel shortages – which have put Christmas deliveries at risk.

 

[SwindonCanary 455]

16 minutes ago, horsefly said:

Ministers were also forced to concede that Brexit was a key cause behind the autumn food and fuel shortages – which have put Christmas deliveries at risk.

 

How can you blame fuel shortages ?

[horsefly 4,300]

2 minutes ago, SwindonCanary said:

How can you blame fuel shortages ?

Ask the ministers who conceded that fact (although you could have simply opened your eyes and ears for the last few months).

[RobJames 881]

Channel 4 HD 4:15am Thursday 18 November.

"Brexit has forced UK firms to pay tariffs on up to £9.5bn of exports to the EU despite Boris Johnson claiming he struck a “tariff-free” deal, an investigation has found. More than one in eight traders say they have lost business since the deal came into force in January, some even reporting their exports have disappeared completely, a television documentary reveals."

''Dispatches will reveal new analysis from the UK Trade Policy Observatory at the University of Sussex, showing that:

Imports from the EU plunged by a quarter in the first six months of this year (worth £32.5bn), while exports fell by 13 per cent (£11bn). A quarter of all goods exports covered by the trade agreement ended up attracting tariffs over the first seven months – on trade worth £7.1bn-£9.5bn.'    

The programme will feature the online retailer British Corner Shop, based in Bristol, which exported 6,000 supermarket products to customers in the EU, representing nearly half of its business. Post-Brexit red tape has forced it to stop selling two-thirds of those products – because, as a third-party supplier, it is unable to trace the origins of, for example, the milk that goes into a packet of cheese and onion crisps.

After losing £250,000 in just three months, British Corner Shop is moving its entire European operation into the EU, cutting 60 UK jobs and taking away the taxes it paid. Mark Callaghan, its managing director, told Dispatches: “I estimate that next year we’ll be employing 100-150 people from within the EU. We have moved jobs over to the EU.''

[horsefly 4,300]

But at least we've got rid of all those horrible Eastern European immigrants stealing jobs from British workers......Oh!!!

About 900 workers from the European Union have been drafted in to boost festive workforces across a food producer's East Anglian turkey factories.

https://www.edp24.co.uk/news/business/eu-workers-drafted-in-to-bernard-matthews-8497334

[Herman 9,767]

3 hours ago, ricardo said:

Nothing at all to do with Brexit, Mastercard have cut a special reduced rate with Amazon and Visa have refused to match it.

 

[Herman 9,767]

This could go in any number of threads. Steve's most poignant, I think that is the right word, work yet.

 

[horsefly 4,300]

Credit where it's due, Boris did say "F*uck business" in response to concern expressed by businesses prior to the brexit deal. And for once he has kept his word.

[keelansgrandad 6,679]

And now

The Made in the UK, Sold To The World plan is intended to help firms seize new opportunities in global markets.

Last year, the UK exported about £600bn in goods and services. But only one in 10 British firms trades overseas.

Perhaps this will be Boris's new job when Rishi ousts him. Hosting Trade Fairs.