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If we vote for Brexit what happens

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Comments

  • freddos have risen to 30p!!! thanks brexit!
    CCCC #33: £42/£240
    DFW: £4355/£4405
  • freddos have risen to 30p!!! thanks brexit!
    Done that - try reading some earlier posts.




    I see luxury retailer Fortnum & Mason have had a good Christmas with a 16% hike in sales over the 5-week period.
    Fortnum's said the growth was underpinned by a surge in online sales, up 22% on the previous year.
    Its products were dispatched to 121 countries around the world in the run-up to Christmas.
    The report suggested high-end boutiques and department stores in London's West End were among the biggest beneficiaries from a surge in spending led by visitors from Hong Kong and China.
    http://news.sky.com/story/fortnums-sales-surge-as-brexit-tourists-boost-uk-stores-10726799
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Support for FOM waning on the mainland.
    Who`d have thunk it! :)

    http://www.bbc.co.uk/news/business-38613027
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Tromking wrote: »
    Support for FOM waning on the mainland.
    Who`d have thunk it! :)

    http://www.bbc.co.uk/news/business-38613027

    IIRC Le Pen wants the same too for France.

    Whether either will get it I really not, and whether it's a main sticking point as it seems to be in the UK, I don't knew we will see.
    💙💛 💔
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    Tromking wrote: »
    Support for FOM waning on the mainland.
    Who`d have thunk it! :)

    http://www.bbc.co.uk/news/business-38613027


    As mentioned in the article the Dutch have been an ally to the UK but with the UK out of the EU the Dutch along with a couple of others will be outvoted by the Eastern European countries so I can't see an end to FOM within the EU until we see the end of the EU itself.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    CKhalvashi wrote: »
    If then UK doesn't remain in the common aviation market, Ryanair would be forced to leave on all but Irish routes. Wizz (who I fly with reasonably regularly due to their destinations) are in the same position.

    EasyJet and BA uncompeted on less routes with Jet2 in some areas isn't going to result in lower fares.

    Jet2 won't be able to replace the Ryanair pilots (the two are the major 737NG operators in the U.K.) that will be left, and as far as I'm aware, BA aren't planning that much long haul expansion, so the only losers will be the pilots forced to pay the best part of £30k for an Airbus rating in U.K. and Boeing rating in Europe.

    The Ryanair adapt or fail. It really is as simple as that and it's the same for other companies.

    Plenty of companies have failed in the UK as they are unable to compete due in part to EU regulation and trade tarrifs. Look at the fishing industry for just one example.

    Brexit won't help everythign business. But being part of the EU has seen many a company become its victim.

    We shouldn't favour companies that cannot cope with change when it comes to Brexit.....afterall, we didn't favour business who went under due in part to the EU.

    Cadburys is a great example, used EU funding to relocate FROM the UK. Many a business was effected by this move within the UK as they lost t contracts they held with Cadbury. People seem to forget that.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    You remember Brexiteers saying the EU needs its vital access into the City to remain unhampered right? We often cited the 8000+ passports he RU has into the City.

    It's being reported in the Guardian that the EUs chief negotiator Michael Barnier has stated this is of prime importance and an arrangement must be found.

    See, we told you we held aces and were not weak petitioners
  • CKhalvashi
    CKhalvashi Posts: 12,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The Ryanair adapt or fail. It really is as simple as that and it's the same for other companies.

    Yes, but Ryanair and Easyjet will adapt, possibly by agreeing to sell each other the routes (Easyjet take UK-non Ireland EU ones, Ryanair EU-EU without UK) for similar amounts of money.

    My point is that it won't be the airlines that suffer, it will be the individual pilots. Remember that Easyjet operate the A320 family and Ryanair the 737NG. I believe both are charging around £30k for a type rating now, which is likely a lot higher than they're paying, and also a lot higher than the standard market value.

    Look at it another way; would you be willing to pay up to 10 months wages for something that you already have, and have worked with previously, because the British government has decided to implement rules it doesn't need to regarding air crews?

    The other issue is with crewing in a subsidary or non-FOM situation; would Easyjet be able to base STN crews at ORY or NCE (as has happened to a friend several times over the summer due to internal crewing issues)?

    We need to find a situation that works for everyone, and even if we retain access to the EU airline markets (and in return they keep access to ours), whether we can still do EU-EU routes is unknown.

    Look at Wizzair's new base at Kutaisi, and how heavily tipped it is in the EU's favour. They can fly to any EU point, Georgian Airways can't fly to (for arguments sake) Sofia, then Sofia to London, London to Sofia and back to GE while selling tickets on the Sofia-London bit.
    Plenty of companies have failed in the UK as they are unable to compete due in part to EU regulation and trade tarrifs. Look at the fishing industry for just one example.
    In other sectors though, the EU has made life a lot easier.

    The other issue (again in other sectors) is the low productivity per hour worked in the UK compared to wages. This isn't going to be solved by leaving the EU and is an underlying issue that does need to be dealt with.
    Brexit won't help everythign business. But being part of the EU has seen many a company become its victim.
    Any I've heard of? Probably not.
    We shouldn't favour companies that cannot cope with change when it comes to Brexit.....afterall, we didn't favour business who went under due in part to the EU.
    Again, I've taken your point on fishing, but which others that were a reasonable size? What evidence is there to suggest that they weren't going to fail without the EU being there?
    Cadburys is a great example, used EU funding to relocate FROM the UK. Many a business was effected by this move within the UK as they lost t contracts they held with Cadbury. People seem to forget that.
    Cadburys exists only to make a profit for its shareholders (as someone's reminded me several times). Was there any net change in the number of jobs that are there directly with the manufacturer? Genuine question as I don't know the answer.

    If I was offered EU funding for my own business (I haven't been, by the way) then I would be taking everything I could, especially if it cut other costs in the process.

    We're on MSE, if you can take it, then do.
    💙💛 💔
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Productivity in the UK is harder to increase because we are a service oriented nation. This is well known.

  • Cadburys is a great example, used EU funding to relocate FROM the UK. Many a business was effected by this move within the UK as they lost t contracts they held with Cadbury. People seem to forget that.

    Nope.

    Fake news....

    The EU did not give a grant to Cadburys to move to Poland, nor Dyson to move to Malaysia, not any of the other completely made up stories going around facebook.
    “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”
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