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The Consequences of Brexit [part 5] Read 1st post before posting


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55 minutes ago, Car Boot said:

Inward investment into the UK in the first half of 2018 was the second highest in the world after China - and ahead of even the US and Germany.

 

The benefits of our EU membership have been massively exaggerated.

Link please? By the way, stupidly repeating the same thing over and over, straight from the populist - fake news handbook, isn't it?

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55 minutes ago, Car Boot said:

Inward investment into the UK in the first half of 2018 was the second highest in the world after China - and ahead of even the US and Germany.

 

The benefits of our EU membership have been massively exaggerated.

Meanwhile In the real world JLR announce massive job cuts in the U.K. and the Japanese PM will be discussing their fears for Japanese companies who thus far have invested heavily in the U.K. as a gateway into the EU market.

 

 

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46 minutes ago, RJRB said:

Meanwhile In the real world JLR announce massive job cuts in the U.K. and the Japanese PM will be discussing their fears for Japanese companies who thus far have invested heavily in the U.K. as a gateway into the EU market.

 

 

And in the real world JLR decided to build their massive new factory in Slovakia which is not in the UK long before the EU referendum vote.

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9 hours ago, Car Boot said:

Exports to the EU were worth just 13.4% of the value of ALL the goods and services produced in the UK in 2017, according to the ONS.

So.. to be clear then, they represent more than the value lost in the UK economy from the 2008 financial crash! :loopy:

 

 

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1 hour ago, RJRB said:

 the Japanese PM will be discussing their fears for Japanese companies who thus far have invested heavily in the U.K. as a gateway into the EU market.

May has (apparently) promised Nissan that they will be shielded from tarrifs:

https://www.ft.com/content/68c12fbe-920e-11e6-8df8-d3778b55a923

 

... can only assume that will be at taxpayers expense in the event of a no-deal :?

 

 

Edited by Magilla
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39 minutes ago, Lockdoctor said:

And in the real world JLR decided to build their massive new factory in Slovakia which is not in the UK long before the EU referendum vote.

JLR still have a major presence in the U.K. and this loss of U.K. jobs is partly due to Brexit.

They also state that a No deal Brexit will cost them over £1billion p.a i.e wipe out their profits.

The threat to overseas investment in the U.K. ,including the established Japanese interest is very much tied up with our accessibility to mainland Europe.

This is self evident to anyone who cares to think it through.

Given our history of U.K. manufacturing investment why should we go along with the gung ho utterances of Johnson,Fox,and those who prattle on about the great opportunities for the future,whilst damaging what we already have.

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25 minutes ago, RJRB said:

JLR still have a major presence in the U.K. and this loss of U.K. jobs is partly due to Brexit.

They also state that a No deal Brexit will cost them over £1billion p.a i.e wipe out their profits.

The threat to overseas investment in the U.K. ,including the established Japanese interest is very much tied up with our accessibility to mainland Europe.

This is self evident to anyone who cares to think it through.

Given our history of U.K. manufacturing investment why should we go along with the gung ho utterances of Johnson,Fox,and those who prattle on about the great opportunities for the future,whilst damaging what we already have.

Yes JLR still have a  presence  in the UK and it suits them like most of big business for the UK to remain in the EU.  However JLR  aren't offering guarantees there won't be future job losses for UK JLR workers if the democratic UK people are cheated and Brexit doesn't happen.  Big business were not  given the job of deciding whether the UK remain or leave the EU,  but the UK people were given that job by Parliament and the choice the UK people made should be fully implemented regardless of whether it has a negative affect on JLR profits.

Edited by Lockdoctor
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41 minutes ago, Lockdoctor said:

Yes JLR still have a  presence  in the UK and it suits them like most of big business for the UK to remain in the EU.  However JLR  aren't offering guarantees there won't be future job losses for UK JLR workers if the democratic UK people are cheated and Brexit doesn't happen.  Big business were not  given the job of deciding whether the UK remain or leave the EU,  but the UK people were given that job by Parliament and the choice the UK people made should be fully implemented regardless of whether it has a negative affect on JLR profits.

their profits are our profits, ie:- we lose jobs, lifestyle, well being. The government lose taxes and revenue, we lose welfare state and services.

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