If we vote for Brexit what happens

kinger101

Conrad wrote: »

We've been over this many times.
France and Germany employ 5 workers involved in their trade with us to our 3. Millions of workers.


There will be no hampering of trade, as it would be self harming. Merkel today is reported in the Sunday Times saying what we Brexiteers said all along; There will be no hampering of trade, not a jot


You include all the little nations that we trade little with, an irrelevant comparison


You also keep ignoring other facts such as the fact Japan exports huge amount of services into the EU, with NO trade deal at all


A friend of ours complained to us yesterday they are struggling to import cards from China. But she went on to say they are replacing this with UK made cards. Brilliant, we don't need more imports, we need less

It would be good to hear more of Merkel and less of Juncker. I'm not sure whom we're supposed to negotiate with, but the leaders of the European Council have their electorates to answer to. So I hope it would be them, rather than an unelected gobsh1te whose only previous experience was leading a country the size of Sheffield.

Thrugelmir

ruperts wrote: »

There's a lot of love for repatriating manufacturing among brexiters but I don't know why. Unless they think that by getting our sock factories back it'll be just like it was in 1950 and they'll be in their teens again. The reality is that modern mass manufacturing employs barely any people and those jobs it does create are mostly minimum wage. In addition it's a dying industry which will be replaced completely replaced in years to come. Basing our future economy on that seems like utter stupidity to me.

Do you understand business and the economy? Nissan plant in Sunderland employs directly 7,000 people. How many are employed indirectly? How many people earn a living from people spending their wages in the local economy or wider UK economy.

The minimum wage is still a wage. Better than other taxpayers funding benefits for being non productive. Minimum wage is increasing at a rate above inflation as well.

Technology in manufacturing still requires a skilled trained workforce. Better than retail or service industry jobs . Which require little skill at all.

What's your suggestion for improving the trade deficit and job prospects? Easy to rubbish the obvious. Far harder to provide an alternative solution.

ruperts

The jobs at Nissan were perfectly safe pre-Brexit but the government have had to offer them "assurances" (tax payer subsidies) to make them stay post-brexit despite the huge devaluation in the pound and the consequent cheapness with which our labour can now be bought. So not a great start for hi-tech manufacturing.


But I'm not talking about hi-tech manufacturing as such, more the low tech stuff. I've heard brexiters around my way saying it'll be great to get our hosiery factories back and reopen the coal mines. This absolute fantasy that brexiters seem to live in is dangerous for our future economy.

CLAPTON

ruperts wrote: »

T


But I'm not talking about hi-tech manufacturing as such, more the low tech stuff. I've heard brexiters around my way saying it'll be great to get our hosiery factories back and reopen the coal mines. This absolute fantasy that brexiters seem to live in is dangerous for our future economy.

you are confused
you are thinking about the loonies in the Corbyn dictatorship

Ballard

CLAPTON wrote: »

is that because we will all stop wearing socks?

A lot (probably most of) our clothing is produced in developing countries very cheaply. I've nothing against producing more in the UK but we would all have to be prepared to pay more for it.

As far as I'm aware we have an over supply of wool in the UK so that'd be great for the production but I doubt that we grow any cotton so that'd have to be imported.

A_Medium_Size_Jock

Ballard wrote: »

A lot (probably most of) our clothing is produced in developing countries very cheaply. I've nothing against producing more in the UK but we would all have to be prepared to pay more for it.

As far as I'm aware we have an over supply of wool in the UK so that'd be great for the production but I doubt that we grow any cotton so that'd have to be imported.

It is called trade.
We sold (it would appear) over £200 million of wool in 2014/5; http://www.yorkshirepost.co.uk/news/environment/battleground-at-home-as-british-wool-exports-to-china-double-1-7301055

So we sell wool in return to purchase cotton, no?

Which may help the likes of this:

Designers in the UK are turning their backs on global manufacturing and bringing jobs to an industry that is backing homegrown talent

https://www.theguardian.com/fashion/2016/oct/30/fashion-luxury-brands-return-of-uk-cotton-mills

CLAPTON

Ballard wrote: »

A lot (probably most of) our clothing is produced in developing countries very cheaply. I've nothing against producing more in the UK but we would all have to be prepared to pay more for it.

why would we be mad enough to do that?

As far as I'm aware we have an over supply of wool in the UK so that'd be great for the production but I doubt that we grow any cotton so that'd have to be imported.

it seems we produce over £4 billion of stuff

Ballard

CLAPTON wrote: »

why would we be mad enough to do that?

I thought that the idea was that we should buy British to make Britain Great Again. Have we given up on that idea? Did I miss it?

kinger101

ruperts wrote: »

The jobs at Nissan were perfectly safe pre-Brexit but the government have had to offer them "assurances" (tax payer subsidies) to make them stay post-brexit despite the huge devaluation in the pound and the consequent cheapness with which our labour can now be bought. So not a great start for hi-tech manufacturing.


But I'm not talking about hi-tech manufacturing as such, more the low tech stuff. I've heard brexiters around my way saying it'll be great to get our hosiery factories back and reopen the coal mines. This absolute fantasy that brexiters seem to live in is dangerous for our future economy.

Nobody knows what the Government offered Nissan. It's not likely to be direct subsidies for a number of legal reasons. Although the pound has devalued, no global manufacturer in their right mind is going to assume it will always be that way. Particularly after many years of sterling being supposedly overvalued.

In fact, global manufacturers like having factories based all over the world as it gives them natural hedging of currency risks.

wotsthat

We can buy British Christmas trees, English wine or British made clothing but they're probably never going to be cost competitive with imported products so people will mainly have to suck up the price increases especially for essential items.

Up branding isn't generally what people do when trying to mitigate an increase in their outgoings.

I like Loake shoes and I make an effort to buy the British rather than Indian made shoes in their range. However, they're close to £200/ pair so someone spotting their Hush Puppies have gone from £40 to £50 won't be heading to Loake anytime soon.