The EU: IN or OUT?

uk1

Ballard wrote: »

I admire your optimism.

What other options do you think the EU have if we refuse to trigger article 50 until informal discussions have been concluded, during which time we refuse to approve anything new? We reffectively paralyse the EU until they drop their strop.



Jeff

Ballard

uk1 wrote: »

What other options do you think the EU have if we refuse to trigger article 50 until informal discussions have been concluded, during which time we refuse to approve anything new? We reffectively paralyse the EU until they drop their strop.



Jeff

Which companies will be investing in the UK whilst we block everything? Which ones won't move their business to the EU?

Which companies prefer uncertainty over certainty?

uk1

Ballard wrote: »

Which companies will be investing in the UK whilst we block everything? Which ones won't move their business to the EU?

Which companies prefer uncertainty over certainty?

That's a bit of a red herring and a completely different comparatively minor issue if you don't mind me saying so. To be honest compared with the issue of getting the right terms it is worthy of delay. I think you'll find that when we haven't triggered article 50 by the end of the year and look like we're in no rush and with the impending likelihood of a potential queue of other referenda the mind will start to get concentrated. Trust me.

In passing let me remind you that whilst large organisations can often provide employment if they invest here one of the anti-globalisation arguments is that the larger the company the less tax they pay in the countries in which they actually operate. People seem to overlook that. Swap me a handful of vibrant SME's to one global any day.

It is the smaller companies that we need to protect, 94% of which do not trade in the EU but are "governed" by them.


Jeff

Ballard

I respectfully refer you to post 867.

uk1

Ballard wrote: »

I respectfully refer you to post 867.

And I respectfully say to you that that answer is the answer of someone who has nothing more useful to say.

:):)

Jeff

Ballard

No. I've said that businesses don't like uncertainty. I would say that that's just as much the case for SMEs as it is for large corporations. You seem to think that creating conflict is the way forward.

I don't think that we have anything further to add.

JohnRo

Back of a fag packet economics and patriotic hand waving aren't going to fix this mess, we've got many years of uncertainty and great difficulty ahead. Living standards are going to suffer unless something truly miraculous happens. If it doesn't then doubtless it will be blamed on the EU and immigrants, again, as usual. There's always that to fall back on.

I'll certainly be reducing my investment exposure to the UK after this decision and suspect others will be.

I'm with Heseltine in calling for the numpties who've created this mess being made to try and fix it. For that reason alone, and it pains me to say it, I hope Gove gets the job and is then held to account for the damage he's helped to inflict.

uk1

JohnRo wrote: »

Back of a fag packet economics and patriotic hand waving aren't going to fix this mess, we've got many years of uncertainty and great difficulty ahead. Living standards are going to suffer unless something truly miraculous happens. If it doesn't then doubtless it will be blamed on the EU and immigrants, again, as usual. There's always that to fall back on.

I'll certainly be reducing my investment exposure to the UK after this decision and suspect others will be.

I'm with Heseltine in calling for the numpties who've created this mess being made to try and fix it. For that reason alone, and it pains me to say it, I hope Gove gets the job and is then held to account for the damage he's helped to inflict.

And name calling doesn't herald well for the rest of the argument does it?



When the UK becomes "open for business" and is able to start negotiating trade agreements quickly and easily with the enormous chunk of the world that isn't EU, you will find that many companies find the UK to be the best European country to be based in.


Jeff

BananaRepublic

Our key task now is to organise goverments departments and resources which is going to be a complex process taking a considerable amount of time. And it will take time to recruit suitably trained staff. Without doubt the EU wants us to trigger article 50 ASAP as that means only 2 years of uncertainty for them, and as they already have negotiating teams, they will be able to walk over us. It is in our interest to wait until we are ready to negotiate and only then should we start the formal leave process by which time we will be suitably equipped to stand up to them, and get a deal that is good for us.

Of course the pompous EU bureaucrats were virtually ordering us to trigger article 50 straight away, such is their disdain for independence of constituent states and democracy.

Incidentally, a year of uncertainty prior to formally starting the process could help to keep the pound weak, which would benefit exporters, so I am not so sure this leaving is going to be quite so costly as some assume. Well, to be honest I don't think anyone really knows, such is the 'science' of economics. There are too many unknowns, and too many commentators have a vested interest to be trusted.

bumpercars99

If we have to leave can we just get on with it. I'm an accountant working around transactions (acquisitions etc) and the whole industry has ground to a halt. Everything we've been working on has been cancelled. No-one wants to make a big acquisition in the UK in this uncertain climate.

The absolute last thing we need is to drag this out for years before getting started! I would much have preferred to stay in, it's going to ruin my career to leave. But if we're going, can we just get on with it. At least once we know where we stand, we can all get on with our lives.