Brexit, The Economy and House Prices (Part 2)

setmefree2

Shanghai-based law firm Llinks is ignoring the Brexit fearmongers to open an office in London. The move by Llinks makes it the third law firm from the People's Republic of China to have a base in the U.K. following recent moves by King & Wood Mallesons and Zhong Lun.
Resident partner Yuhua Yang, who relocated from the firm’s Beijing office earlier this year heads the new office.
Opportunities For Chinese Companies
The firm said the U.K.’s decision to leave the E.U. hasn’t affected the decision to open an office in London, and instead it has made it a stronger case for the firm to be there.
«London has the best infrastructure and talent for the financial and legal services industry. In the long run, Brexit may affect things. But in the short term the depreciating pound presents a good investment opportunities for Chinese companies,» said Yang.

http://www.finews.asia/finance/25120-chinese-law-firm-chooses-london

setmefree2

Jeremy Corbyn upbraids Barry Gardiner for contradicting Labour customs union position

The Labour leader and the Shadow International Trade Secretary have set out completely different positions over the customs union

http://www.independent.co.uk/news/uk/politics/jeremy-corbyn-barry-gardiner-labour-customs-union-eu-brexit-international-trade-secretary-a7859561.html

Herzlos

setmefree2 wrote: »

thunderingly decisive vote for Brexit.

Did I miss something?

gfplux

Rinoa wrote: »

We now appear to be going out of our way to accelerate trade talks around the world. And actually negotiating too when previously we were somewhat reluctant.

Maybe the penny's dropped and TM now realises a trade deal with the EU is highly unlikely. Let's hope so. :T

If you have a hard Brexit how will the new mini electric get its engines into the country?
I thought even T May has excepted that a no deal is NOT better than a bad deal.

Matt_L

gfplux wrote: »

If you have a hard Brexit how will the new mini electric get its engines into the country?
I thought even T May has excepted that a no deal is NOT better than a bad deal.

I think anyone with any ounce of intelligence realises a no deal is far better than a bad deal.

Herzlos

Matt_L wrote: »

I think anyone with any ounce of intelligence realises a no deal is far better than a bad deal.

It depends on how bad the deal is. If we can negotiate a deal worse than WTO, then you'd be right. If we go full North Korea, then you'd be right.

Otherwise any deal would be better than WTO. The "No deal is better than a bad deal" was some transparent bluster to try to get the EU to give us our cake and eat it approach.

Thrugelmir

gfplux wrote: »

If you have a hard Brexit how will the new mini electric get its engines into the country?

By sea. In all likelihood there'll be manufactured or at least the components will be in the Far East.

The DP World London Gateway Port is only running at around 30% capacity.

cogito

Herzlos wrote: »

As far as I can tell, we were part of the EU when those standards were defined and were a part of the discussion. Now we're in a new discussion with a country that has much lower standards again, and still have some say in the matter. Not much, because they've got all the cards too, so we'll no doubt need to be careful to avoid dodgy food products in the future.

http://www.independent.co.uk/voices/brexit-eu-negotiator-europe-euratom-airline-safety-negotiations-theresa-may-worse-anyone-guessed-a7858586.html

Claims for an EU negotiator that we've grossly understimated the complexity of just about everything.

Interesting to see that leaving Euratom is blamed on ECJ jurisdiction. Is there anywhere that the tentacles of this court does not reach?

Thrugelmir

ilovehouses wrote: »

Looks like good news for sure but do you really think it's a co-incidence that it's happened just as workers agree to give up their DB pensions after a long running dispute.

I don't.

Of course not. However a job is a job. The mini plants in the UK being the remnants of MG (British Leyland). Without BMW the skills would have died out.

Rinoa

gfplux wrote: »

If you have a hard Brexit how will the new mini electric get its engines into the country?

Oh dear. I bet BMW never thought about that.

Let's hope they don't read MSE, otherwise the deal could be off. :eek: