The Consequences of Brexit [part 4]

[truman]

Mogg, who's constituancy overwhelmingly voted to remain... I thought you guys hated that kind of thing... or something?

 

Not exactly representing the wish of his voters is he

[alchresearch]

Leave.EU fined £70,000 for breaking electoral law during referendum

http://www.bbc.co.uk/news/uk-politics-44080096

 

Leave.EU co-founder Arron Banks called it a "politically motivated attack".

 

Responding to the Electoral Commission's findings, he said: "What a shambles, we will see them in court."

 

Ha ha good luck with that!

[melthebell]

According to Mogg the Magnificent on TV at lunchtime, he is convinced that food prices should drop after we leave the corrupt EU.

 

Angel1.

come on then einstein, how?

 

lets have some actual proof, or facts, not just inane crap trying to put a positive spin.

Did Master Mogg say? or again did he just say it should, we already have cheap food, i want to know how it will get cheaper, what rules and regulations will be removed to make it so, and why it needs to be

[Magilla]

Leave.EU fined £70,000 for breaking electoral law during referendum

http://www.bbc.co.uk/news/uk-politics-44080096

 

"The Commission has also referred Leave.EU chief executive Liz Bilney to the police, saying it had reasonable grounds to suspect she had committed criminal offences.

 

The official Vote Leave group are still under investigation."

[retep]

come on then einstein, how?

 

lets have some actual proof, or facts, not just inane crap trying to put a positive spin.

Did Master Mogg say? or again did he just say it should, we already have cheap food, i want to know how it will get cheaper, what rules and regulations will be removed to make it so, and why it needs to be

 

Removal of external tariffs.

 

"The current EU external tariff on food stuffs are, according to the UK Agriculture and Horticulture Development Board (12 October 2016 publication)

 

Beef 65-87%

Pork 43-50%

Lamb 45-51% (there are however substantial tariff free quotas for NZ/Australian lamb)

Chicken 27-41%

Cheese 42-68%

Milk and cream 50-74%

Butter 63%

Vegetables 10-15%

Wheat and barley 53%

Jams etc 24%

Processed ham 27%

Processed chicken 88%

 

As a result of these current penal impositions on most non EU exports to us, the EU does most of the exporting to us. The Dutch account for 75% of our flower imports, and 23% of our vegetables, with Spain another 27%. The Dutch provide 44% of our poultry imports, Ireland 68% of our imported beef and the Danes 26% of our pork.

http://johnredwoodsdiary.com/2017/04/04/cheaper-food-after-brexit/

[L00b]

Beef 65-87%

Pork 43-50%

Lamb 45-51% (there are however substantial tariff free quotas for NZ/Australian lamb)

Chicken 27-41%

Cheese 42-68%

Milk and cream 50-74%

Butter 63%

Vegetables 10-15%

Wheat and barley 53%

Jams etc 24%

Processed ham 27%

Processed chicken 88%

These being the minimum (not taking into account any further tax, labour overheads etc. differentials) discount levels to be applied by domestic (UK) producers on their current pricing, to remain competitive against foreign imports after such a removal.

 

Just to be clear about the unmentioned flip side, of course

Edited May 11, 2018 by L00b

[truman]

Removal of external tariffs.

 

"The current EU external tariff on food stuffs are, according to the UK Agriculture and Horticulture Development Board (12 October 2016 publication)

 

Beef 65-87%

Pork 43-50%

Lamb 45-51% (there are however substantial tariff free quotas for NZ/Australian lamb)

Chicken 27-41%

Cheese 42-68%

Milk and cream 50-74%

Butter 63%

Vegetables 10-15%

Wheat and barley 53%

Jams etc 24%

Processed ham 27%

Processed chicken 88%

 

As a result of these current penal impositions on most non EU exports to us, the EU does most of the exporting to us. The Dutch account for 75% of our flower imports, and 23% of our vegetables, with Spain another 27%. The Dutch provide 44% of our poultry imports, Ireland 68% of our imported beef and the Danes 26% of our pork.

http://johnredwoodsdiary.com/2017/04/04/cheaper-food-after-brexit/

So some food imports will be cheaper...how do you reckon the domestic producers of these will react?

[retep]

These being the minimum (not taking into account any further tax, labour overheads etc. differentials) discount levels to be applied by domestic (UK) producers on their current pricing, to remain competitive against foreign imports after such a removal.

 

Just to be clear about the unmentioned flip side, of course

 

These it seems is how the EU manage to keep their own prices high while exporting their own goods to he UK.

 

The flip side is they will have to find another customer.

[L00b]

These it seems is how the EU manage to keep their own prices high while exporting their own goods to he UK.

 

The flip side is they will have to find another customer.

Funny how you avoid answering the point I made about British producers (who currently sell to the EU27 at these ‘high prices’ as do EU27 producers to the U.K., all on the same basis), with a redundant poke to the EU: the EU27 producers will not have to “find another customer”, they’ll just compete with all other suppliers to supply the tariff-less, free-for-all UK.

 

Less profits to be made in the UK for them, sure (and perhaps becoming so unprofitable as not being worth the effort indeed, for some of them). But not a closed door.

 

And U.K. producers, their employees and whole socio-economic chains that rely on them will bear the brunt of it all just the same. Same story for any UK producer of any other commodity product (beside agristuffs) with foreign (non-EU) competition based in a substantially lower cost base country (that’ll be the world minus the G7 or G20, then).

 

Beware what you wish for. You don’t have to kill your national economy for the sake of achieving Brexit.

Edited May 11, 2018 by L00b

[Obelix]

As a result of these current penal impositions on most non EU exports to us, the EU does most of the exporting to us.

 

The EU doesn't export to us - we are part of the EU. You don't export to yourself....