Nissan to build a new plant.

mayonnaise

And the next in line looking for 'support and assurance' is....Easyjet.

http://www.independent.co.uk/news/uk/politics/easyjet-hopeful-of-brexit-airspace-deal-but-relocation-still-a-possibility-a7383736.html

The airline's commercial director said the UK firm could still relocate to the EU, if the aviation industry did not receive suitable terms in Brexit negotiations

Graham_Devon

mayonnaise wrote: »

And the next in line looking for 'support and assurance' is....Easyjet.

http://www.independent.co.uk/news/uk/politics/easyjet-hopeful-of-brexit-airspace-deal-but-relocation-still-a-possibility-a7383736.html

I like how you put support and assurance in quotes just to cover yourself!

I also like how you quoted that singular sentence. You successfully twisted the content of the article should no one bother to actually read it. It's nothing to do with finance. It's nothing to do with taxpayers money.

What's actually going on is this...

Sophie Dekkers, the firm's commercial director, told a Lords Committee that the airline was optimistic about a deal on reciprocal airspace access between the EU and the UK, which would be very much in the interests of all airlines involved.

Current agreements allow operators to fly across the continent in a deregulated environment.

"The risk of reduced access is a technical problem, but I think it will be solved because it's in the interest of both parties."

She added: "There are a number of EU airlines that are lobbying from their side on it, so Air France, KLM and Lufthansa ... it's in their interest to have access to the UK market, too."

She added: "We would actually urge that aviation is looked at as a separate entity outside of the trade agreements because it's in both parties' interests.

"It's not an import or export, it's an enabler, so certainty we would emphasize that as an approach," she said.

Doesn't look as grand now mayonnaise - sorry

wotsthat

mrginge wrote: »

On the other hand, since British built Nissan cars will now be relatively cheaper than other manufacturers under a tariff imposed environment, will VW now be trotting off to the German govt requiring the same level of support?

I hope every business in the UK & Europe jumps aboard this bandwagon.

Anything to highlight to politicians that the UK/ EU trading on WTO terms would represent a damaging failure on their part.

mayonnaise

Graham_Devon wrote: »

I like how you put support and assurance in quotes just to cover yourself!

I also like how you quoted that singular sentence. You successfully twisted the content of the article should no one bother to actually read it. It's nothing to do with finance. It's nothing to do with taxpayers money.

What's actually going on is this...





Doesn't look as grand now mayonnaise - sorry

Yes, it's about the European Common Aviation Area, Graham.
Do you think we should continue to be part of the European Common Aviation Area after we leave the EU, Graham?
Do you think not being part of the Common Aviation Area would have a financial impact, Graham?
If it would have a financial impact, would you agree it sure does have something to do with finance, Graham?

CLAPTON

mayonnaise wrote: »

Yes, it's about the European Common Aviation Area, Graham.
Do you think we should continue to be part of the European Common Aviation Area after we leave the EU, Graham?
Do you think not being part of the Common Aviation Area would have a financial impact, Graham?
If it would have a financial impact, would you agree it sure does have something to do with finance, Graham?

in seems that the area has agreements with Georgia, Israel, Morroco, Jordon and are in negotiations with other states and envisage the area including up to 55 states and covering up to 1 billion people.


seems no problem there

Conrad

wotsthat wrote: »

Anything to highlight to politicians that the UK/ EU trading on WTO terms would represent a damaging failure on their part.

The UK will not call for tariffs, only the EU would so do, but, it even they wont call for tariffs.


Imagine Merkel and Hollande seeking re-election in 2017;


"A VOTE FOR ME IS VOTE FOR TARIFFS, PRICES RISES AND JOB LOSSES"

mayonnaise

Good article from Simon Jenkins (a brexiteer if I remember correctly) on this topic.

The idea that industry minister Greg Clark could have got away with “just trust me” is ludicrous. Clark’s reported guarantee of continuing “competitiveness”, plus subsidies for training and other forms of job support, must have been expressed in bankable terms.

Similar deals are rumoured to be busting out all over Planet Brexit. The farmers have allegedly been given assurances that the migrant worker schemes on which their harvests depend will be protected. The big banks are told over ministerial lunches there is no question of obstacles to the free movement of their staffs round Europe. Care homes, NHS hospitals, the construction industry, tourism are all beating paths to Whitehall’s doors, relying as they do on low-paid continental and seasonal labour. Within the car industry, it goes without saying that Toyota, Ford and other big manufacturers are awaiting the same soothing words as Nissan has received. Otherwise all hell will break loose.

https://www.theguardian.com/commentisfree/2016/oct/28/nissan-deal-hard-brexit-britain-trade-europe

BarleyGB

The hypocrisy of people knows no bounds, earlier in the year people were calling for the Government to support the failing steel industry so they could make steel at a loss.

Now the same people seem to be criticising the Government for giving assurances to Nissan (no confirmation of sweetener payments yet). Even if there were sweetener payments? What’s the problem, this is what all governments need to do to compete in the global market and normalise competitive advantage. Its no different to investing in infrastructure to attract & retain business. Only a few years ago Ford relocated transit van production to Turkey with the help of a cheap EU loan.

£40 billion worth of cars are exported from Southampton alone each year (90% to non EU countries). Irrespective of Brexit we need the UK car industry, the Nissan decision and any assurances would be required irrespective of Brexit, or would you prefer they went to Turkey with the assistance of another EU loan?

michaels

HAMISH_MCTAVISH wrote: »

That does increasingly look like the backstop position.

Britain exports over a million cars per year... Compensating the industry against 10% tariffs would be enormously expensive.

But a lot less than the govt would receive if it added the same 10% tariff to the 2m cars we import each year....

BarleyGB

michaels wrote: »

But a lot less than the govt would receive if it added the same 10% tariff to the 2m cars we import each year....

1 million of those from Germany

Slam Dunk 😃