So, what else does Brexit mean?

[mint]

[quote user="cajal"]

Given that the expansion was first publicly announced in 2006, and the UK has had 4 prime ministers in that time, I would say Theresa May has achieved a stellar performance in 3 months which Blair,Brown and Cameron failed to achieve in 9 3/4 years

regards

cajal

[/quote]

Actually, Cajal, I don't think she has achieved anything yet.  Let me know when she does, won't you?

[lindal1000]

The only thing brexit means so far is at least 2.5 years of uncertainty. The rest is just speculation. I guess leave have got what they voted for so far, because it was quite clear before the vote that there was no plan.

[cajal]

[quote user="mint"]

Actually, Cajal, I don't think she has achieved anything yet.  Let me know when she does, won't you?

[/quote]

OK here goes. Following on from the goverment clearance for the construction of the 3rd runway at Heathrow which is estimated will create up to 180000 regional jobs and £211 billion in economic benefits,she has overseen the negotiations which resulted in the following statement yesterday from Nissan. 

"The support and assurances of the UK government enabled us to decide

that the next-generation Qashqai and X-Trail will be produced at

Sunderland," said Carlos Ghosn, Nissan's chief executive, adding that he

welcomed Prime Minister Theresa May's "commitment to the automotive

industry in Britain".

So that will be 7000 jobs secured in the north east.

regards

cajal

[lindal1000]

Shame she feels she can't make the same commitment to the EU nationals currently living in the UK, or show any interest in the futures of the 2 million British citizens who live in other EU countries other than acknowledge our importance as a bargaining tool.

I wonder what sort of promise she made Nissan? Of course the only one she could legally have made would be to state that the Uk would not be leaving the free market at all. I hope they got whatever promise it was signed in blood.

[Gluestick]

[quote user="cajal"][quote user="mint"]

Actually, Cajal, I don't think she has achieved anything yet.  Let me know when she does, won't you?

[/quote]

OK here goes. Following on from the goverment clearance for the construction of the 3rd runway at Heathrow which is estimated will create up to 180000 regional jobs and £211 billion in economic benefits,

[/quote]

I am always rather amused by these "Statistics" government departments seem to clutch from thin air!

[:)]

Apparently:-

"How many employees at Heathrow Airport?

Many more people are employed directly on site and indirectly and, in July 2013, HAL produced an estimate of 114,000 local jobs supported by Heathrow of which 76,600 were directly employed on the Heathrow site."

Figures estimated, 2013; yet by 2014, HAL (Heathrow Airport Ltd),:-

"Heathrow cutting 200 jobs (20% of total core staff) due to CAA restriction on landing charge rises"

Source:

Now, one extra runway means, in terms of pure mathematical reference, an increase of One Third in pure capacity terms. However, with the massive concentration of traffic over LHR, is that tenable, without also, beefing up ALL component services (ATC et al)? probably, not.

Even with beefed up support services, traffic density would suggest otherwise.

I love the bit about "£211 Billion in economic benefits"!!

[:D]

No doubt, the hordes of Chinese and Gulf States billionaires, rushing in, to hoover up the few remaining bits of priceless British assets, not as yet hoovered up, previously.

[:@]

[cajal]

[quote user="Gluestick"]

I am always rather amused by these "Statistics" government departments seem to clutch from thin air![/quote]

Here is the report/article I gleened the figures from. Pick the bones from it if you wish.

regards

cajal

[mint]

[quote user="cajal"][quote user="mint"]

Actually, Cajal, I don't think she has achieved anything yet.  Let me know when she does, won't you?

[/quote]

OK here goes. Following on from the goverment clearance for the construction of the 3rd runway at Heathrow which is estimated will create up to 180000 regional jobs and £211 billion in economic benefits,she has overseen the negotiations which resulted in the following statement yesterday from Nissan. 

"The support and assurances of the UK government enabled us to decide

that the next-generation Qashqai and X-Trail will be produced at

Sunderland," said Carlos Ghosn, Nissan's chief executive, adding that he

welcomed Prime Minister Theresa May's "commitment to the automotive

industry in Britain".

So that will be 7000 jobs secured in the north east.

regards

cajal

[/quote]

OK, Cajal, if you want to believe all of that, you can, of course.

So, where is the new Qashqai, the new X-trail?  OK, not yet till spring of next year so let's wait and see.  When those cars roll off the production line, I'll say touché, ok?

As for the Heathrow 3rd runway, same old, same old.  Let's wait for the start date and bulldozers at the very least.

It's only what 3 weeks ago when Nissan said that, if we left the single market, Nissan would be looking for "compensation" from the UK government before agreeing to stay in Sunderland.  And now, they say we will stay on and May says this is very good news,

So, if she has been able to reassure Nissan to stay on and if it's true that no "sweetheart" deal has been made, does that mean we will remain in the custom union and then, sneakily, in the single market and then no obstacle to free movement of labour and then what?  We get Brexit but we pay more for the concession and the Brexiters do not get whatever "control of our own borders" mean.

As it happens, my family has had dealings (some quite big ones) with Japanese businesses for 3 generations (started with my grandparents' holdings in rubber plantations and tin mines) and ending when OH and I came to France in 2007.  Never known a Japanese firm to give you something for nothing!

So, May does a deal and tells the Japanese things that she is unwilling to tell the British people?  Yeah, yeah but still nothing concrete is there?

As for Fox (fox by name and fox by nature), what exactly was his role in all of this?

And as an aside, the UK is at this very moment paying the EU our usual contributions in euros and therefore at about 20% more for nothing more.

Please tell me what achievements, real ones, TM has made?

[Gluestick]

[quote user="cajal"][quote user="Gluestick"]

I am always rather amused by these "Statistics" government departments seem to clutch from thin air![/quote]

Here is the report/article I gleened the figures from. Pick the bones from it if you wish.

regards

cajal

[/quote]

Not a biased report, naturally...

[url=http://cool-smileys.com//rotfl-smiley][img]http://www.cool-smileys.com/images/10.gif[/img][/url]

Unfortunately, there are no "bones" to pick, old fruit; since this "analysis" fails to actually detail quite where all the massive economic expansion and jobs creation emanate from.

This is simply propaganda, pure and simple.

[mint]

But Bangladesh beating us in test cricket is NOT propaganda.............just trying to lighten the discussion[:-))]

[Gluestick]

I feel, at this stage in the heated debate over  Brexit, it might be very worthwhile to consider  precisely what the UK lost, when Heath lied and  the media blitzed the public with bias and pure  propaganda in 1973...

1.  British Fishing Industry: Decimated. and  before anyone says "Ah but the waters were  horribly over-fished!", the net result was  hordes of French, Spanish (eventually) etc  factory fishing fleets, hoovering as much as  they could. An essential source of valuable  food was lost:

2.  The Commonwealth and the preferential  tariff agreements.

Britain used to export vast quantities of  "hard" goods to Australasia, South Africa, etc.  In return, we enjoyed dairy products from NZ,  lamb (all organic); beef and wool from  Australia etc. Wheat and dairy from Canada  (Anyone else remember the stonking Canadian  Black Diamond Cheddar? Fruit and canned goods  from South Africa, etc, etc. Overnight, this  was destroyed:

3.  CAP:

In the 1950s onwards, British agriculture  benefited from Government's urgent need, caused  by the Battle of the North Atlantic and the  convoys, to be as self-sustaining as possible

France; Germany, Holland suffered from a  farming industry, wrecked by German invasion.

CAP allowed other E.E.C. states to rapidly ramp  up their farming industry at Britain's expense.

The sheer nonsense of huge subsidies caused the  Beef, Butter, etc mountains and the Wine Lakes,  remember? Core problem with such interventions  is inertia. When it is clearly perceived an  ideological concept has gone horribly awry,  then it has become rather the same as an  out-of-control road roller running amuck  down  a steep mountain. It becomes difficult if not  impossible to stop. To change the lunacies of  CAP, meant a unanimous vote in the E.E.C/EU. as  we have just seen from the EU-Canada Treaty,  one rebel little outfit can upset change.

4. The Imposition of VAT; "'cos it was a  Europe-wide tax", quoth Heath. He further  stated, "One simple tax at one low rate!"

Yeah, right!

As an accountant I assure you, VAT is now one  of the most complex and difficult taxes in the  Tax Code. The "One Low rate" has escalated into  six or seven. Low rate: 10% escalated into  eventually 20%. VAT is perhaps, alongside  Capital Gains tax the most iniquitous and  punitive taxes ever. Mainly since it taxes  people's LABOUR: their sweat.

Heath's err, "Justification" was VAT replaced  Purchase Tax: "...a horribly complicated tax",  he stated. Rubbish and arrant nonsense!

Purchase tax applied ONLY to new LUXURY goods.  Soon, of course, VAT applied to second hand  goods, etc.

5. The creeping reality of a Federal Europe; EU  laws have been covertly imposed with nary an  impassioned bleat from the political class,  irrespective of party. What many people do not  realise, is EU Law is Paramount; it overrides  and supersedes member states, own laws.

Worth perhaps reading this. Here:

And this: The Founding Fathers of the EU:

[chessie]

Gluestick -

EXCELLENT - fabulous, realistic, honest appraisal of what the UK did lose - and what we can regain.   Lovely, positive messages.  

Sadly, too many people have been brain-washed with Common Purpose, or don't want to admit that, actually, the UK was a world-wide importing and exporting viable country.   It took Heath, the commie unions, and Labour - to destroy much of what was good and had been built up since WW2. 

Remember the deceit of Marshall Aid...... and the help given to German manufacturing after the war - but none for the UK ?   Strange how people easily forget...........

EU laws;  over-riding our Common Law by foreign judges... that, if nothing else, is good reason to leave the mess they are in.

And I have never found any eurofanatic able to support and argue for - Corpus Juris -

rather than our good old Habeus Corpus.

In fact, many of the eurofanatics don't have a clue about Corpus Juris - and those few that do - not one of them has ever managed to prove its worth over Habeus Corpus - not one.   Says it all.

And then there's tax and welfare harmonisation - which of course, in the eu fanatics mind - 'isn't going to happen' - and we all know how that phrase pans out, don't we.....

Keep posting informative bits Gluestick - love them.

Chessie

[lindal1000]

To be honest, as a full time resident of the EU I'm past caring what happens to the UK. If it does well that's great but I shan't be doing anything to give it any special favours. In fact we've just started the first phase of our own Brexit plan to ensure we have less of our income from the UK and more of it from France. Move on as they say..Life is too short to hang around for the UK government to work out what Brexit means. In fact my guess is many of us won't be around to see the final outcome. I also think while everyone in the UK is well and truly focussed on itself, changing world events may mean that Brexit or not to becomes overshadowed by other more important events. A politically weak and divided UK and Vladimir rubbing his hands in glee? (Not just by view but highlighted in the report from the current boss of MI6 who stated that Russia was more of a threat at the moment than Islamic terrorism)

[Gluestick]

[quote user="lindal1000"] In fact we've just started the first phase of our own Brexit plan to ensure we have less of our income from the UK and more of it from France. [/quote]

Hope you don't mind a wee bit of advice, Lindal.

At present, with global capital markets roiling in uncertainty, I would suggest you firstly take financial advice from a cross-border tax specialist reference being fiscally based in France but holding capital outside.

Why?

Since if I was liquidating all UK assets to move permanently to another fiscal jurisdiction, as it would be costly to reverse, post facto, perhaps better investment base/s might shelter you from the coming mess for the Euro and the core EU states - France included - as both are presently living in cloud cuckoo land...

If you review the Pound-Euro exchange rates, then you will see how the pound plummeted in 2007-08: why? Since the Sub Prime Mortgage crisis and the associated chicanery caused foreign exchange investors to have a flight to the Euro as a supposedly safe haven against US Dollar and Sterling. It did not mean the Euro and the Eurozone economy was suddenly brilliant and booming: in fact, quite the reverse.

France faces some troubling times; the forthcoming presidential election either way will cause instability. Added to which, the weak and troublesome twin problems of dire unemployment, will worsen. As will any further desperate attempts by Mario Draghi at the ECB to stimulate the economies of the eurozone member states.

Be careful and cautious!

[lindal1000]

You are welcome to advise if you want..

My priority is to ensure we can replace the losses from the fall in the value of the pound with income generated in euros, which is the currency I need for my everyday living. The state of the financial markets and big business doesn't interest me. I'm small scale in that respect. What I do know is that buy to let currently gives a 10% return in France compared to 3-4% in the Uk and there is currently a shortage of affordable housing in rural areas. (Already got tenants lining up )

I have absolutely no interest in returning to the Uk so can see no reason why I would want to re invest there. Unfortunately I can't do anything about my pension!

[Gluestick]

Wasn't suggesting you invest in the UK; directly. Nor in Sterling Denominated securities/Investments.

However, do please consider this,

See here:

The pressure is rapidly building upon the ECB: a majority of the bonds Draghi has been swapping for cash in his crazy QE (Quantitative Easing) program are "Junk!

i.e. pretty damned worthless.

Will all end in tears.............

Shortly.

[lindal1000]

All Western economies are essentially bankrupt because they've been living off pretend money for years. One day I'm sure they will all collapse. Better to keep money in cash under the bed!

[Gluestick]

Apols, lindal. I missed this somehow.

Couldn't agree more!

All Western financial and particularly, monetary systems are indeed broke beyond measure. The only reason the monetary crash has not happened is since they are all in the same boat!

Interesting item here, addled with classic conspiracy theory, but some germs of truth.

Here:

The very worst being the USA.

[quote]Better to keep money in cash under the bed!

[/quote]

Gold and silver, rather. Otherwise, as with the Weimar Republic, any paper money will be utterly worthless.