Consequences Of Brexit [Part 9] Read First Post Before Posting

[harvey19]

3 minutes ago, m williamson said:

Try reading comments before replying. See my post # 6128 fourth and fifth lines down.

Yes, we know that countries offer incentives in order to get companies to invest in the first place but that's not what's happening now.

We are having to offer incentives to persuade countries to Stay here. That shouldn't be neccessary, we have the workforce with the skills to help these companies make profit. We've altered that because of Brexit and as a result we're having to compensate them . Money that could have been used to benefit the public is now being provided to foreign companys.

 

As for Jaguar Land Rover we've had to offer them a significant ' incentive ' to manufacture batterys here even though they already have a site at Solihull.

https://www.theguardian.com/business/2023/may/19/jaguar-land-rover-offered-500m-in-subsidies-to-build-battery-plant-in-uk

 

Jaguar Land Rover were founded in Britain and were famous world wide as an example of British engineering. They are now owned by the Tata Group which is an Indian Corporation headquartered in Mumbai and we have to pay them to continue manufacturing here.

 

At least you've finally managed to come up a Brexit  advantage, we can now pay larger amounts out to companies in order to persuade them to remain. Obviously they probably wouldn't have thought about leaving in the first place if it wasn't for Brexit but never mind.

What you do not take into consideration are other changes in the years since Brexit and not connected to Brexit.

[m williamson]

6 minutes ago, harvey19 said:

What you do not take into consideration are other changes in the years since Brexit and not connected to Brexit.

What you don't take into consideration is that those changes also effected other countries as well, but that the UK is the only one of the G7 to have a smaller economy than before the pandemic.

 

https://www.theguardian.com/business/2022/sep/30/uk-is-only-g7-country-with-smaller-economy-than-before-covid-19

 

The difference being that the other G7 countries didn't vote to make themselves poorer.

[Axe]

10 minutes ago, m williamson said:

Try reading comments before replying. See my post # 6128 fourth and fifth lines down.

Yes, we know that countries offer incentives in order to get companies to invest in the first place but that's not what's happening now.

We are having to offer incentives to persuade countries to Stay here. That shouldn't be neccessary, we have the workforce with the skills to help these companies make profit. We've altered that because of Brexit and as a result we're having to compensate them . Money that could have been used to benefit the public is now being provided to foreign companys.

 

As for Jaguar Land Rover we've had to offer them a significant ' incentive ' to manufacture batterys here even though they already have a site at Solihull.

https://www.theguardian.com/business/2023/may/19/jaguar-land-rover-offered-500m-in-subsidies-to-build-battery-plant-in-uk

 

Jaguar Land Rover were founded in Britain and were famous world wide as an example of British engineering. They are now owned by the Tata Group which is an Indian Corporation headquartered in Mumbai and we have to pay them to continue manufacturing here.

 

At least you've finally managed to come up a Brexit  advantage, we can now pay larger amounts out to companies in order to persuade them to remain. Obviously they probably wouldn't have thought about leaving in the first place if it wasn't for Brexit but never mind.

You are ignoring the fact Jaguar Land Rover made their decision to leave the UK and build their new factory in Slovakia before the EU referendum when the UK were still in the EU. 

 

 

If the UK stayed in the EU, this type of investment would have been prohibited under state subsidy rules.  As I pointed out earlier German car manufacturers are complaining that they are at a disadvantage because of the US green subsidies.  The UK government are free to to counter US green subsidies which is something individual EU member countries can not do. 

German car industry calls for European policy to counter US subsidies

 

https://www.ft.com/content/4024a766-3578-403b-93be-5f5efbfd93f5

[m williamson]

32 minutes ago, Axe said:

You are ignoring the fact Jaguar Land Rover made their decision to leave the UK and build their new factory in Slovakia before the EU referendum when the UK were still in the EU. 

 

 

If the UK stayed in the EU, this type of investment would have been prohibited under state subsidy rules.  As I pointed out earlier German car manufacturers are complaining that they are at a disadvantage because of the US green subsidies.  The UK government are free to to counter US green subsidies which is something individual EU member countries can not do. 

German car industry calls for European policy to counter US subsidies

 

https://www.ft.com/content/4024a766-3578-403b-93be-5f5efbfd93f5

The EU will respond to that with its own arrangements  https://www.cnn.com/2023/02/01/business/europe-green-deal-industrial-plan/index.html

 

Germany, Spain, France, Czech Republic and Slovakia  all individually manufacture more motor vehicles than the UK . They are all EU members and the EU will have to take action accordingly.

Isolation is not a good idea, to prove it we've joined another Trade Bloc already. It's on the other side of the planet and maybe not such a good idea in environmental terms, but needs must I suppose.

 

[Axe]

13 minutes ago, m williamson said:

The EU will respond to that with its own arrangements  https://www.cnn.com/2023/02/01/business/europe-green-deal-industrial-plan/index.html

 

Germany, Spain, France, Czech Republic and Slovakia  all individually manufacture more motor vehicles than the UK . They are all EU members and the EU will have to take action accordingly.

Isolation is not a good idea, to prove it we've joined another Trade Bloc already. It's on the other side of the planet and maybe not such a good idea in environmental terms, but needs must I suppose.

 

The point is the UK are free to respond to foreign subsidies and any other factors far quicker than the EU and act in our own county's interest.  

 

The UK is not isolated at all and the post Brexit  free trade deal with the EU as resulted in similar trading figures as before Brexit was implemented.  If the EU had remained just a trade bloc then the UK would have never left the organisation. 

[L00b]

The EU27 can easily mitigate that £800m wedge of British taxpayers’ incentive (they also got a £300m wedge for steel, in case anyone missed that), through rules of origin.

 

Tata are obviously gambling -with British taxpayers money- on the UK eventually reaching that Singapore-on-Thames status, and I wouldn’t be surprised to see the factories (should it all actually go through) set up on freeports (micro-legislated and -governed by their owners, not the UK).

 

Great deal for shareholders.

 

But for the average Brit worker…seen how those Apple factories are run in China?

[Guest]

26 minutes ago, Axe said:

 

The UK is not isolated at all and the post Brexit  free trade deal with the EU as resulted in similar trading figures as before Brexit was implemented.  If the EU had remained just a trade bloc then the UK would have never left the organisation. 

Can you prove that?

We have a lot of posters making sweeping statements to support their arguments.

If you can't prove it, then it's not accepted as part of your argument.

[m williamson]

It's true that the UK can respond quicker because contrary to the lies told by Brexiteers the EU is democratic, in fact it's more democratic than the UK.  https://somethingnew.org.uk/news/2016/06/22/10-reasons-eu-more-democratic.html

 

Which means that all members have to be consulted which takes time but is a requirement. The delay is worth it in order to ensure that each member state gets its view across.

 

As far as the UK was concerned Cameron got an agreement that this country would be exempt from ' closer and closer union ' prior to the referendum so the EU would have remained as just a Trade Bloc for us.

https://www.bbc.co.uk/news/uk-politics-eu-referendum-35622105

 

Remainers did a pitiful job of explaining the benefits of EU membership to the electorate and Brexiteers lied their heads off and got away with it.

So here we are,  there's no going back, but a lot of the damage could be mitigated by rejoining the Single Market. Leave campaigners made various promises about how easy it would be and how nothing much would change after we left. They did this despite the difference between a member state and a Third Country being available to anyone who cared to look. They also claimed that there would be no problem with the Irish border despite it being blindingly obvious to anyone who knew the first thing about it that it would be a major problem.

[Magilla]

38 minutes ago, Axe said:

The UK is not isolated at all and the post Brexit  free trade deal with the EU as resulted in similar trading figures as before Brexit was implemented.

https://www.tandfonline.com/doi/full/10.1080/21582041.2023.2192043

"exports to the EU since January 2021 are 22.9% lower on average, while exports to ROW are 11.3% lower"

"an estimated loss of 20–42% of product varieties"

 

Similar.... 🤣

[Axe]

31 minutes ago, Organgrinder said:

Can you prove that?

We have a lot of posters making sweeping statements to support their arguments.

If you can't prove it, then it's not accepted as part of your argument.

March 2019  Exports to EU £15,867 billion

                         Imports from EU £25.482 billion

 

 

March 2023   Exports to EU  £15.239 billion

                       Imports from  EU   £26.137 billion

 

Those figures look very similar as I stated.

 

https://www.statista.com/statistics/284750/united-kingdom-uk-total-eu-trade-in-goods-by-trade-value/