Theresa May

mgdavid

kidmugsy wrote: »

Is that going to be a very short term effect, while the Remnants are still working each other up into hissy-fits?

Are our brave Captains of Industry going to prove themselves the equivalent of the ninnies who had hysteria over the death of Princess Di?

Already started, top two chaps at Siemens (who were strong Remainers, forecasting doom, gloom and neo-armageddon) have done a U-turn and announced further investment and growth in their UK wind-power and railway interests.

saver861

gadgetmind wrote: »

Unlikely. The investment will go elsewhere and the hiring will be done elsewhere. Momentum away from the UK seems to be gathering.

Is that really the case though. Always a problem in recessionary times to keep skilled staff at an expense, or let them go and be short of skilled labour when things pick up, and thus be somewhat disadvantaged.

My hunch is that progressive industry has learned from releasing skilled staff too early. The reality is that nobody really knows how this will pan out.

My own view has always been that this could be the beginning of the end of the EU. It does not take a genius to work out that if the UK should land on its feet from this, then other EU countries will want to follow suit and leave.

On the other hand, if it turns out that it was a bad move, then we may well find we are the ones with the begging bowl and somewhat friendless in terms of our better off EU neighbours.

kidmugsy

saver861 wrote: »

we may well find we are the ones with the begging bowl and somewhat friendless in terms of our better off EU neighbours.

In what sense have France and Germany been our friends within the EU? Or, a thing that thoroughly browned me off, in what sense was Germany a friend to Greece in its hour of need? "Partners" my left foot!

kidmugsy

gadgetmind wrote: »

Momentum away from the UK seems to be gathering.

Is that cruel allusion to the turmoil in the Labour Party?

saver861

kidmugsy wrote: »

In what sense have France and Germany been our friends within the EU? Or, a thing that thoroughly browned me off, in what sense was Germany a friend to Greece in its hour of need? "Partners" my left foot!

Well, Germany and France are now the powerhouses in the EU. That matters.

Greece did not default. I'm not sure what more you expected for Greece but to continually give handouts would have been irresponsible - and had Greece defaulted the outcome might have been somewhat worse.

bigadaj

saver861 wrote: »

Well, Germany and France are now the powerhouses in the EU. That matters.

Greece did not default. I'm not sure what more you expected for Greece but to continually give handouts would have been irresponsible - and had Greece defaulted the outcome might have been somewhat worse.

How is France a powerhouse in anyone's book?

gadgetmind

saver861 wrote: »

Always a problem in recessionary times

True to a certain extent, but this is a recession caused by the referendum.

My hunch is that progressive industry has learned from releasing skilled staff too early. The reality is that nobody really knows how this will pan out.

True, and no-one is going to hang around to see either if they have options.

My own view has always been that this could be the beginning of the end of the EU. It does not take a genius to work out that if the UK should land on its feet from this, then other EU countries will want to follow suit and leave.

And if - as seems more likely right now - we don't know what our goal is, don't know how to achieve it, don't have the team required to make it happen, and don't have anyone else motivated to help us, we'll make a huge mess of it while also battling a massive self-inflicted downturn.

Our failure would the strengthen the EU.

gadgetmind

kidmugsy wrote: »

Is that cruel allusion to the turmoil in the Labour Party?

Ah, not deliberate. Labour are an irrelevance TBH and I doubt that the next Labour PM has yet been born.

saver861

bigadaj wrote: »

How is France a powerhouse in anyone's book?

Sooo, who do you see as the big players in the EU then, excluding the UK?

gadgetmind wrote: »

True, and no-one is going to hang around to see either if they have options.

Yes - but those options may not be what they were before the vote. Equally, any alternative option might be a bigger gamble now .... may not be so easy to reverse any move, should someone decide to set sail and try their luck further afield. Presumably that field lies beyond Europe now, if anyone is deciding to go.

gadgetmind wrote: »

Our failure would the strengthen the EU.

As I said in an earlier post - this is the biggest concern. If it turns out bad for us then there will be a lot from the EU looking over their shoulder at us with that 'told you so' grin.

gadgetmind

saver861 wrote: »

Yes - but those options may not be what they were before the vote.

True. Before the vote, I knew that I could hire bright engineers from across the EU and bring them to the UK to work. Now I can still hire them, but they'll have to work in one of our EU offices, which we're now expanding to allow this to happen.

Equally, any alternative option might be a bigger gamble now .... may not be so easy to reverse any move, should someone decide to set sail and try their luck further afield. Presumably that field lies beyond Europe now, if anyone is deciding to go.

My main markets are USA, Taiwan, China, Korea, India and Japan. Nothing will change regards how I do business in these locations but much less of the money will come back to the UK.

If it turns out bad for us then there will be a lot from the EU looking over their shoulder at us with that 'told you so' grin.

Already happening and will continue to build. Interesting times.