If we vote for Brexit what happens

cells

Moto2 wrote: »

... and yet Aldi and Lidl have been taking market share off the likes of Tesco for some time now

there is always a market for high end and low end goods.

Aldi and Lidl have a better business model and in many ways a better food shopping experience (in that you dont need to spend 1 hour walking through a big warehouse supermarket you can do your shopping in 15 minutes)

CLAPTON

wotsthat wrote: »

I think we both agree that the change in sterling was caused by people speculating in such matters assessing that Brexit was going to be bad for the UK. The change in Sterling may well improve the trade balance and that might be a good thing but that would be a by-product.

A fall in the pound is an inevitable consequence of a large current account trade deficit, as funding it depends upon ever increasing foreign borrowing and sales of UK held assets.
Only the timing and the scale of the fall was at issue.
I fully accept that living on ever more borrowing and asset sales makes us temporarially richer but a day of reckoning must come.

It's a suggestion/ thought rather than a deeply held view. You have previously noted that 'pain' is the inevitable consequence of running a negative trade balance (but not positive strangely). As you've also noted the UK has been on this path for some time and said (future) pain hasn't yet materialised so maybe creating new assets is a sustainable occupation for the UK? We've had comparatively some of the best living standards in the world for generations so, for now, you're on the wrong side of the argument.

obviously there is no pain whilst you are funding your inflated standard of living by borrowing: the pain occurs when it has to stop.

Conrad

cells wrote: »

just empty statements

Why not be honest and spell out what you think the problem is and how it can be changed and achieved.

From reading your posts you seem to be suggesting that the poor and middle have !!!! jobs and !!!! prospects and the rich are rich. First question, name a country where the rich are poor and the poor are rich. Seriously which country do you think is doing better than the UK? Dont jump to the idiocy of 'Scandinavia' as many left leaning folk do as 'Scandinavia' has a bountiful supply of natural resources on the door step of the worlds biggest commodity importing continent

So once more what does 'a new Britain' actually mean? Which country has it better than we currently do?

Wow cells, it's hard to know where to start as you seem totally out of the loop regards the last 4 months national conversation about how we cure our divided (economically) society where millions have not benefitted from globalisation, and the main beneficiaries are holders of capital driving down everyone else's terms and incomes, not training British youth (as they used to), but instead importing a mass of unskilled labour happy to work for low incomes.


The whole political world is talking about this - where have you been?


Brexit was a clarion call to the establishment that people will put up with this relentless divergence no more, they want a new Britain.


No point me going any further until you get this basic background landscape clear in your mind. We do not have a successful economy. The trade deficit has been waiting to kill us dead and could not persist. You cannot go on buying massively more than you produce in wealth.


I've done ok, but that's no excuse for me to ignore the mass plight of others

cells

what role will the ex-mortgage-brokers do once we get rid of runtier jobs?

you better start learning how to milk cows as we are going to become a cheese exporting powerhouse of decent honest jobs.....

Conrad

cells wrote: »

what role will the ex-mortgage-brokers do once we get rid of runtier jobs?

you better start learning how to milk cows as we are going to become a cheese exporting powerhouse of decent honest jobs.....

Why are you being critical of small and medium artisan producers? There's more to life than importing Bangladesh underpants and selling them.


These small firms we ought to be very proud of.


What a curious sense of worthiness you seem to have. An economy based on cutting one another's hair, importing Chinese knickers and selling one another houses.


Have you been to France? Are you this dismissive of French dairy produce, bakers, vineyards and ham producers?


From Melton Mowbray pies to Cornish ice-cream, lets have more of this, more exports, and not so much selling one another houses and insecure Amzon drivers delivering tat from China;




Grim Reaper Foods: our favourite chilli product makers


Visiting a chilli festival inspired chef Russell Andrews to start experimenting with his own sauces. Realising that many products on the market either had very little flavour and too much heat, or bags of flavour and no heat, he set out to make something with both. He works closely with other British producers, buying his chillies from Bedford, Dorset and Wiltshire and has support from many of the ‘chilli heads’ in what he describes as the ‘close-knit chilli community’…


http://www.olivemagazine.com/guides/best-small-scale-food-producers-in-the-uk/

cells

Conrad wrote: »

Wow cells, it's hard to know where to start as you seem totally out of the loop regards the last 4 months national conversation about how we cure our divided (economically) society where millions have not benefitted from globalisation, and the main beneficiaries are holders of capital driving down everyone else's terms and incomes, not training British youth (as they used to), but instead importing a mass of unskilled labour happy to work for low incomes.

Plenty of people say plenty of things that are wrong even in government and the media. I dont buy or believe that we are poorer today than a generation ago I think its an absurd statement conceived by those who have selective memories and a nostalgia for the past.

The whole political world is talking about this - where have you been?

Most people are dim and politicians are not much different from the general population.

Ask Clapton, he seems to believe in free trade and globalization. It has enriched billions of people. The people of the UK are also richer on every metric you care to pick vs a generation ago despite what you say

Brexit was a clarion call to the establishment that people will put up with this relentless divergence no more, they want a new Britain.

The only difference is that we might have less migration. All the other stuff about a tiger in the west is just your imagination

No point me going any further until you get this basic background landscape clear in your mind. we do not have a successful economy

In what way do we not have a successful high wage high quality economy? Name the countries who have it better than us? we can then look into why that might be and see if we can attain this higher standard

just stating the uk is !!!! and is going to become a tiger is nothing short of deluded. We are already a great country with a great economy. Brexit may mean a swing one way or the other of maybe 5% max

Conrad

http://www.midlandsbusinessnews.co.uk/boiler-makers-order-book-post-brexit-vote/


Midlands manufacturer Mistral Boilers is reporting a hike in export business as part of a strategy to build business sales outside of the EU following the Brexit vote.




Managing director Jim Wright said the company was currently in talks with a number of new customers in overseas markets, with a shipment of Mistral’s condensing and non-condensing heating systems potentially headed to Australia before the end of the year.
“We secured an order from New Zealand earlier this year and given the uncertainty both ahead and after the Brexit vote, we have put in place a strategy to investigate new markets outside of the Eurozone for our products.


“This has led to us winning our second order from New Zealand in the last six months and the latest order actually tops the total number of exports we did to Europe for the whole of last year.


“Brexit represents an exciting opportunity for manufacturers, particularly small and medium sized businesses like Mistral which do not have a base within mainland Europe. I think all exporting SMEs should be looking to both new and emerging markets but also established markets such as Australia, the US and the Middle East.

Conrad

SOARING export sales are helping Warrington-based pipeline inspection equipment specialist Mini-Cam to build on record turnover as it celebrates a landmark year.

Mini-Cam designs, manufactures and distributes hi-tech pipeline inspection systems.


http://www.thebusinessdesk.com/northwest/news/739628-embargoed-sept-9-booming-pipeline-of-export-orders-for-mini-cam.html

Conrad

http://www.businesstimes.com.sg/government-economy/uk-factories-boom-as-pounds-brexit-plunge-boosts-exports

UK factories boom as pound's Brexit plunge boosts exports
"The weak sterling exchange rate remained the prime growth engine, driving higher new orders from Asia, Europe, the US and a number of emerging markets," said Rob Dobson, senior economist at Markit.

Herzlos

Conrad wrote: »

Why are you being critical of small and medium artisan producers?

Because they largely only exist because people have money to spend on them, due to the success of the economy. There's no way artisan toastie, mashed potato or breakfast cereal shops would be able to survive the recession.

Sure, we should have more of them, but post-Brexit Britain will need more than artisanal goods to keep it going if trade with Europe suffers.

Ideally we could grow/produce all of our own raw materials so we don't rely in imports, but we don't have the climate or space for most of it. Like cotton, cocoa, bananas and so on.