If we vote for Brexit what happens

A_Medium_Size_Jock

gfplux wrote: »

Some additional reading from outside the UK.
Nice and low key.
"Slowly slowly cachee Monkey"

http://www.wort.lu/en/business/british-chamber-of-commerce-brexit-and-luxembourg-s-financial-sector-57e5487aac730ff4e7f66d82

Ah yes, but the fickle nature of such business will rethink strategies again when the EU itself undergoes the inevitable changes which it faces, no?
Showing the instabilities which (they are suggesting) they will avoid by moving OUT of the UK.

From altered strategies of major EU member states like Germany, France, and Holland following forthcoming elections for example.
Or from the financial stresses of Italian and German banks.
Or from ............. oh look, there has been so much discussed about this; even senior EU officials like Tusk and Junckers are accepting that things MUST change or the EU is in danger.

Don't try convincing us that it's only here in the UK that such sentiment exists; here is a report from just a few days ago by Spain's Ana Palacio, who has considerable credentials, suggesting "The end of the European supernation":
https://www.project-syndicate.org/commentary/end-of-european-supranationalism-by-ana-palacio-2016-09

mrginge

LHW99 wrote: »

For small companies that could be OK - but then small companies tend to have a more stable workforce and recruit fewer people.
For a large company, moving takes much planning, and moving to a location with many unskilled people could then mean that their higher skilled people decide not to stay with the company. These tend to be more easily employable, and not afraid of moving around the country (or even abroad). For most companies they prefer to keep their skilled people, and employ whoever they can get who sufficiently needs a job for the unskilled roles.

Large companies move functional operating units to different areas all the time. Mainly lower skilled, lower cost units of course, but often these are the type of roles that disadvantaged areas need.

Governments incentivise companies to move into these areas as well.
The plan of course being that you bung Nissan a load of cash to open in Sunderland to stimulate the local economy and then the supporting and complementary industries also move that way.

So if people in Sunderland then move on, it's because they *want* to rather than they *need* to.

HAMISH_MCTAVISH

kabayiri wrote: »

The government with all it's resources can't even relocate 4,000 syrian refugees per annum.

A bit of a reality check methinks.

The government could easily enough contrive a scheme which enabled many of the unemployed to move to where the work is.

Vouchers for travel, rent deposit loans, etc.

mrginge

HAMISH_MCTAVISH wrote: »

The government could easily enough contrive a scheme which enabled many of the unemployed to move to where the work is.

Vouchers for travel, rent deposit loans, etc.

All sounds a little North Korean to me Hamish.

CLAPTON

HAMISH_MCTAVISH wrote: »

The government could easily enough contrive a scheme which enabled many of the unemployed to move to where the work is.

Vouchers for travel, rent deposit loans, etc.

don't we do that already?

buglawton

HAMISH_MCTAVISH wrote: »

Which is a lovely story and all but not of much relevance to the point at hand.

If you think society should pay people to remain unemployed indefinitely in areas with little work when there are other areas with too many jobs and not enough people to fill them then you're in a minority I suspect.

What brought that on Hamish? Main loss is to the exchequer in this case, said person will simply be off the job market but not claiming benefits either. Al due to the UK's highly lopsided distribution of key job opportunities over our geography.

Crashy_Time

http://www.zerohedge.com/news/2016-09-24/merkel-rules-out-bailout-deutsche-bank-depositor-bail-coming

ukcarper

I don't why you don't just give up you are not going to talk down prices.

booksurr

ukcarper wrote: »

I don't why you don't just give up you are not going to talk down prices.

because then he would come face to face with the acknowledgement that his whole life to date has been wasted ?

Rinoa

Reuters:

London: Britain intends to become an independent member of the World Trade Organisation (WTO) when it leaves the European Union (EU), trade minister Liam Fox will say next week, according to a report in the Sunday Telegraph newspaper.
The newspaper, without citing its sources, said Fox would use a speech at the WTO on Tuesday to say Britain would seek to be an independent member of the body so that it could negotiate its own trade deals outside of the EU.
Being an independent member of the WTO would involve Britain leaving the EU’s customs union, the newspaper said, something the government has so far refused to confirm it intends to do.

http://uk.reuters.com/article/uk-britain-eu-fox-idUKKCN11V0C7?il=0