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The nightmare scenario.....
Comments
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Graham_Devon wrote: »Which companies?
And as they trade here, are you suggesting they would give up a large slice of their business and quit trading here?
Lets take the example of Nissan.
They manufacture 150,000 cars a year here, but only sell 40,000 of those cars into the UK market. The rest go to Europe under the free trade agreements.
Why would they continue to manufacture here and pay tariffs for the majority of their production to go to Europe? They'll just move that production and the jobs that go with it.
Of course, the Europeans would love us to leave, they get to steal those jobs, and economic activity.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »Lets take the example of Nissan.
They manufacture 150,000 cars a year here, but only sell 40,000 of those cars into the UK market. The rest go to Europe under the free trade agreements.
Why would they continue to manufacture here and pay tariffs for the majority of their production to go to Europe? They'll just move that production and the jobs that go with it.
Of course, the Europeans would love us to leave, they get to steal those jobs, and economic activity.
Have they said they will leave? Or are you just assuming they would?
There must be an attraction here in the first place. How do you know the tarrifs (if indeed imposed, considering the tarrifs we too could impose inbound from the EU) would outweigh the other benefits of being in the UK?
What other companies are you talking of? ANd do you have any evidence, rather than second guesses?
The banks threatened us with pretty much the same thing over bonuses. None of them went.0 -
And your point is?
How are Germany or anyone else going to negotiate a deal....away from the idealistic and politically driven EU hierachy,
..... if no country can negotiate it's own deals?
And so then how does their individual pragmatism matter?
And you still haven't answered the question, why would EU countries not want to steal all the EU headquarters and manufacturing plants from the UK if we leave?“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Has anyone from Nissan said they will pull out of the UK?
Has any EU leader said they will put up trade barriers with Britain?0 -
Has anyone from Nissan said they will pull out of the UK?
Has any EU leader said they will put up trade barriers with Britain?
Nobody has asked Nissan that I'm aware of.
But Honda have warned against leaving the EU.Britain must retain a leading position within the European Union or face damaging economic consequences and risk losing valuable investment, the head of Honda in the UK has warned.
Dave Hodgetts, Honda’s UK managing director, said: “I think you can see very clearly that the reliance on the overall European economy for British manufacturers is actually very high. We have very strong markets in Europe, and globally as well, but we are more dependent on the European region for the exporting of our products.
“Anything that weakens our ability to trade with the region would be detrimental to UK manufacturing.”
http://www.telegraph.co.uk/finance/newsbysector/industry/9796813/Hondas-UK-boss-warns-Britain-must-stay-at-heart-of-EU-as-it-cuts-800-jobs.html“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Has any EU leader said they will put up trade barriers with Britain?
Why would EU countries not want to steal all the EU headquarters and manufacturing plants from the UK if we leave?“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
He went on to say "it depends on whats negotiatied". He (honda) also said they would accept a changed relationship between the EU and the UK if it didn't effect the UK competitiveness.
We don't know what would be imposed or negotiated. So you can't really suggest that Honda would pull out, when clearly they are saying what many of us are saying.
They said they would leave if the situation was anti-competitive. We don't knwo that it will be.0 -
Graham_Devon wrote: »He went on to say "it depends on whats negotiatied".
Why would EU countries not want to steal all the EU headquarters and manufacturing plants from the UK if we leave?“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
That does not answer the question?HAMISH_MCTAVISH wrote: »Why would EU countries not want to steal all the EU headquarters and manufacturing plants from the UK if we leave?
To be honest, individual EU nations may wish to attract these companies, but the EU as a whole could never organise themselves to make it happen as a group.
I believe they are already looking at harmonising corporation tax.0 -
HAMISH_MCTAVISH wrote: »Why would EU countries not want to steal all the EU headquarters and manufacturing plants from the UK if we leave?
Taxes, most likely. If it's cheaper, they will stay. If it's not, they will move. Corporation tax is pretty cheap here.
Many of the reasons for leaving the EU is to create a more competitive country for business, without the regulation etc the EU currently imposes.
At the end of the day, you are guessing as much as the next person Hamish, but putting it across as fact.0
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