If we vote for Brexit what happens

kabayiri

davomcdave wrote: »

I thought one of the great things about Brexit was a reduction in imports and an increase in exports. Part of that process is swapping champagne for good old British beer.

Maybe we are just more open about where we buy from?

You don't have to go too far back in history to reach a point where cars from places like Korea were considered sub standard.

Now, the likes of Kia and Hyundai are common place and sold in to lower end premium channels.

This strikes me as a competitive challenge which reaches far beyond Brexit.

Rinoa

Merv - Top man.

Mervyn King spoke of his concerns about not reaching a deal with the European Union within the two-year negotiating period after Article 50 is triggered next week.
But he said it should not deter Britain from securing a “simple, clean” break from Brussels.
He told Evan Davis on the BBC’s Newsnight: “It’s bound to be a complex process, my biggest concern is not about the challenge of Brexit as such, but about whether we’re going to make the decisions early enough that would enable us to make the practical planning that is important.
“If we’re going to leave, I think we should have a simple clean Brexit and to minimise the scale of the negotiation.
“There’s a danger that we won’t make progress in negotiations at least within the two-year horizon but what follows from that is not that we say ‘okay we’ll give in to everything that the other side demands’ [but it] is that we say ‘these are the things that are under our control’ – and a clean Brexit is under our control.”
Lord King then spoke of the opportunities presented by the EU divorce and called for “imaginative discussion”.
He said: “There will be things that we want to discuss but we have to minimise the area of negotiation and I think the Government also has to point out the potential opportunities that Brexit gives.

http://www.express.co.uk/news/uk/781858/Brexit-lord-mervyn-king-warns-goverment-give-in-eu-clean-negotiation-period-bbc-newsnight

always_sunny

kabayiri wrote: »

Maybe we are just more open about where we buy from?

Absolutely and also it depends on what else is available to buy;
without any bias it would be difficult for most consumers to buy 'just British'.

If you don't buy a foreign car, what British car are there?
If you don't buy foreign mobile, what British mobile are there?
etc.

setmefree2

Sapphire wrote: »

I agree with this. There are some very fine Proseccos around, and Champagne is extremely expensive by comparison. There are some (good by all accounts) English sparkling wines around, but although less expensive than Champagne, they are still pretty costly (I would buy them otherwise). Also, Champagne is only really great when it's from a good vintage – the more inferior, cheaper Champagne is not all that good, though still more expensive than Prosecco.

I prefer Cava myself *hic*

setmefree2

Rinoa wrote: »

Merv - Top man.

Mervyn King spoke of his concerns about not reaching a deal with the European Union within the two-year negotiating period after Article 50 is triggered next week.
But he said it should not deter Britain from securing a “simple, clean” break from Brussels.
He told Evan Davis on the BBC’s Newsnight

The BBC decided to talk to someone who is positive about Brexit....that letter from the MPs might have worked...

setmefree2

Optimism in UK factories surges to 22-year high as exports rebound: CBI survey

The survey also showed export orders growing at the fastest pace since December 2013.

"The past fall in the pound seems finally to be helping lift demand for UK manufactured exports, which rose at one of the fastest paces in this survey's history," said Anna Leach, CBI head of economic intelligence.
Official data earlier this month showed British factories enjoyed their strongest growth in nearly seven years in late 2016 and early 2017 and exports rose quickly, likewise suggesting a boost for manufacturers from sterling's fall after the Brexit vote.

http://uk.reuters.com/article/uk-britain-industrialoutput-cbi-idUKKBN16S16F

setmefree2

imho this is a good thing

Inflation leaps in February raising prospect of interest rate rise

http://www.telegraph.co.uk/business/2017/03/21/inflation-leaps-23pc-february-higher-expected/

Conrad

setmefree2 wrote: »

http://uk.reuters.com/article/uk-britain-industrialoutput-cbi-idUKKBN16S16F


Optimism in UK factories surges to 22-year high as exports rebound: CBI survey

One of the most frustrating things I endlessly here from the Remain camp is that the pound falling is evidence of Brexit harm and wholly negative.


None seem aware of our very dangerous trade deficit (Mervyn King talked about this most pressing of needs last night on Newsnight - highly recommend watching it - he is such a beacon of authoritative economic wisdom)


EDIT - has that will teach me not to read threads in the wrong order - I see you've posted about Mervyn!

kabayiri

always_sunny wrote: »

And yet what the British press doesn't tell you is that indeed the British market tumbled, but that's because Britons are poorer (weaker currency) and instead are switching to Italian Prosecco (+34%).
...

I think a bigger impact of weak currency will be UK tourism to those traditional European destinations.

The lower buying power might force people in to considering other options.

The renaissance in the all inclusive market could continue, as the tour operators see it as a way of cushioning the consumer from their reduced buying power.

This would keep more of the spend with the majors, and impact the local tourist restaurants who rely on discretionary spend.

setmefree2

What German unification teaches the doomsayers of Brexit

Technocrats have a vested interest in talking up the complexity of negotiations
Frederick Studemann

Amid all the uncertainty about Brexit there is at least one thing most people agree on: it’s going to be complex, fiendishly so. We know this because wherever you care to look those in the know tell us so. Teeth are sucked, lips pursed and faces distorted by grotesque grimaces; speech quickens and a whiff of panic sets in as a nightmare world of trade schedules and treaty obligations, air traffic control systems and passport rights for financial services are laid out in the manner of a medieval torturer displaying his wares before settling down to the business of removing your innards.

As we embraced she gave an exasperated sigh along with her opinion of the state of the unification negotiations then under way. “It’s unbelievable,” she said. “East Germany has over a hundred bilateral international treaties which will all need to be sorted out.” The task at hand was daunting. Many people at the time argued that such a momentous endeavour — the abolition of one state, its merger with another, the ending of decades of continental conflict — would take many years. Surely it made sense to phase things over a longer period? Instead, those in the driving seat planned to do it in months. And so they did. In October 1990, less than 12 months after the breaching of the Berlin Wall, the two Germanies united and communist East Germany, treaties and all, was written into the history books, just four days shy of what would have been its 41st birthday. Yes, I know: Brexit and German unification are so very different. With unification both sides wanted to make it happen. In essence it was a takeover, as the East German state was subsumed into the Federal Republic which took on all the obligations of the “first workers’ and peasants’ state on German soil”. There was even a ready-made constitutional provision — Article 23 — to enable it to happen. ]

https://www.ft.com/content/7071d018-0d67-11e7-b030-768954394623