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Post Brexit Britain what Positive things are we doing

1567810

Comments

  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Rinoa wrote: »
    Yes. Companies invest everywhere, you don't have to be in the EU to attract investment.

    Companies invest in the US to gain access to the US market.

    Companies invest in India to gain access to the Indian market.

    Companies invest in the UK to gain access to the EU market.

    One of those is going to be an odd one out.
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    wotsthat wrote: »
    Companies invest in the US to gain access to the US market.

    Companies invest in India to gain access to the Indian market.

    Companies invest in the UK to gain access to the EU market.

    One of those is going to be an odd one out.

    We may very soon have access to the Indian and US markets.

    We're a pretty big market ourselves.

    The EU market just shrunk by 20%.

    There's a reason companies invest in the UK. It's not just because we're in the EU, otherwise they could invest in Malta, Italy or Eastern Europe. They don't, they invest here because the UK is a good place to do business.

    It will be even more attractive when our new trade deals are in place, which may be sooner than you think.
    If I don't reply to your post,
    you're probably on my ignore list.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Rinoa wrote: »
    Yes. Companies invest everywhere, you don't have to be in the EU to attract investment.

    True, but attracting investment is not a right, you have to create an environment where investors want to invest.

    Nobody is saying that companies will up and leave UK immediately on some point of principle. Each potential investor has different criteria. If you are a US company thinking to invest you will probably chose one of the 27 to site your facility. If you are an offic based firm in the UK (such as an insurance company) its relatively easy to shift jobs over a year or two or whatever timescale suits you. A manufacturer who exports mostly to the EU, will have longer planning times. But unless Conrad is right and the sunny uplands are just around the corner, these investment decisions will be progresively made in the coming years.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    overseas 'investment' in the UK means that for the next 30 years and more, all the profits and dividends flow outside the UK.

    yes, a benefit for today but the future generation pay

    what is all your visions of the future : every commercial property, every business, every assett owned by overseas

    I fail to see why that is so desirable

    If you are short of a bob or two, sell your house and rent.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    More positives from brexit:
    Brexit boom for lawyers and consultants as UK businesses race for referendum advice.
    Brexit has seen a boom in demand for legal and financial services as UK businesses race to make sense of the situation ahead of the UK leaving the EU.
    Matt Gingell, an employment law partner at Gannons solicitors, said: “I have been very busy in the last few months advising executives on their redundancy packages.
    :)
    Don't blame me, I voted Remain.
  • BACKFRMTHEEDGE
    BACKFRMTHEEDGE Posts: 1,294 Forumite
    Rinoa wrote: »
    Indeed.

    And when the UK has negotiated trade deals with the US, China, India and Commonwealth countries (something the EU has failed to achieve in 50+ years) where will companies like Siemens build their new factories to access those markets?

    The UK or the EU?

    Siemens already backed down on pre brexit claims
    Siemens promises UK investment despite Brexit warning

    http://www.bbc.co.uk/news/business-36771595
    A journey of a thousand miles begins with a single step

    Savings For Kids 1st Jan 2019 £16,112
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    wotsthat wrote: »
    Companies invest in the US to gain access to the US market.

    Companies invest in India to gain access to the Indian market.

    Companies invest in the UK to gain access to the EU market.

    One of those is going to be an odd one out.

    China ships where ever it wants without trade deals. The new Panama canal increases the size of ship that can utilise the waterway. Greatly speeding up transit times to the Eastern seaboard.
  • cells
    cells Posts: 5,246 Forumite
    Rinoa wrote: »
    We may very soon have access to the Indian and US markets.

    We're a pretty big market ourselves.

    The EU market just shrunk by 20%.

    There's a reason companies invest in the UK. It's not just because we're in the EU, otherwise they could invest in Malta, Italy or Eastern Europe. They don't, they invest here because the UK is a good place to do business.

    It will be even more attractive when our new trade deals are in place, which may be sooner than you think.


    Some investments are too big for one country. For example Tesla an electric car manufacturer is looking to build a factory in the EU and they will be looking to produce a volume of about 500,000 to 1 million cars a year. That's too big a number for any one EU nation. So if the EU didn't exist and Europe was a bunch of countries in the world free trade agreement system all charing each other tarriffs then Tesla would probably just build a second factory in the USA and export to the EU nations but with the system as it is its a much better idea to open the second factory somewhere in the EU

    With the UK in the EU it would be a country to consider for Tesla. It can build 500,000 electric cars somewhere in the Midlands and export 400,000 to the EU and sell 100,000 domestically.

    With the UK out of the EU and with tariffs in place the UK would be a bad idea as itbwould need to pay tariffs on 80% of its production. Its better to be based in France or Germany and sell 400,000 units a year into the EU with no tariffs and sell 100,000 to the UK with tariffs.


    If the UK agrees a free trade deal with america then we won't get a Tesla factor the american one will export to us. If we get a free trade deal with China then the Chinese or american Tesla factory will export to us. If we get a free trade deal with India then the Indian or Chinese or USA factory will export to us. There is no way outside of the EU where we become producers of these cars rather than importers from a bigger player.

    That's just one example of one company but there are probably thiauanda each year that most of us will never hear about.


    Oh just to note as it happens the rumor is that they are looking into France as the place for their EU plant
  • cells
    cells Posts: 5,246 Forumite
    CLAPTON wrote: »
    overseas 'investment' in the UK means that for the next 30 years and more, all the profits and dividends flow outside the UK.

    yes, a benefit for today but the future generation pay

    what is all your visions of the future : every commercial property, every business, every assett owned by overseas

    I fail to see why that is so desirable

    If you are short of a bob or two, sell your house and rent.


    If both sides of the deal are happy how do you lose out?

    Say a Mr Green owns a company producing £1 billion a year dividends for his offshore wife. If a Chinese investor wants to pay him £20 billion for the company and he accepts then what have we lost. At worst dividends that we're flowing to an offshore wife will now be flowing to an offshore Chinesemen.

    If a company with lots of shareholders are bought out for the same sums it must mean the shareholders believe the deal is worthwhile for them. That is to say the £20 billion the chinamen is giving them they believe they can out that £20 billion into something else and earn more than the £1 billion they are foregoing

    In shirt a central government planner dictating what you can buy and sell and what's value and not is probably not going to lead to more wise decisions than the owners deciding
  • baza52
    baza52 Posts: 3,029 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    mwpt wrote: »
    I'll bite at this. The Baza poster is free to post that immigrants should be kicked out and other borderline hate speech, while those who call him on it are censored.

    Nice place.

    Yes I said that people who came here via free movement should leave.
    If they become a UK citizen then they have a right to stay.

    Its not hate speech.

    People were not censored because of me. They were probably censored because of the constant attacks they made against people that didn't agree with them and the fact they kept calling people racist and idiots.

    If they cant control their temper or emotions then the forum is better off without them.
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