Brexit, The Economy and House Prices (Part 2)

A_Medium_Size_Jock

ilovehouses wrote: »

Well I'm quite willing to defer to your knowledge on the matter.

What exactly is James Dyson talking about? What is the 3% tariff he's going on about (it's 2.2%)? If he sends vacuum cleaners from Malaysia to Europe how exactly does an EU/ UK deal (or lack of it) affect that?

If he's not exporting from the UK to Europe he's talking rubbish.

Explain it to me Jock. I don't expect much of a reply other than 'oh a faceless internet warrior thinks he know more about vacuum cleaners than Dyson' but I live in hope. I'm genuinely interested.

Why ask me?
I neither wrote the article nor am I a personal acquaintance of James Dyson.
Address your enquiry then to the author, Will Heaven; available on a variety of media platforms as well as through The Spectator.
Do let us know the response.


I do note that the author of the piece describes the statement thus: "he says" - and also does not make clear what the tariffs would apply to.
Without quoting and without such clarifications I suspect this is an error by the author rather than by Mr Dyson.
It does however strike me as odd that you are so determined to question this yet fail to even accept such erroneous comments in other, normally pro-EU, posts; perhaps you would explain for the benefit of this thread why that is?

One example follows in my next post and relates to your apparent conviction that food prices will increase post-Brexit.

A_Medium_Size_Jock

"
Hard Brexit Could Mean Cheaper Food If We Abolish Tariffs, Policy Exchange Says

"

“The EU’s historic reluctance to open up trade in food products has repeatedly stymied trade deals and led to higher prices for consumers and a distorted farming industry. The UK can now lead the world in cutting tariffs and being a champion of free trade in agriculture.”Policy Exchange, which has previously said staying in the Single Market and the Customs Union was not in Britain’s long-term interests, said in its latest report that food prices rose 14% between 2006 and 2013 and, while they are now falling, they remain higher than elsewhere.

http://www.huffingtonpost.co.uk/entry/hard-brexit-food-cheaper-policy-exchange_uk_597f6e59e4b02a8434b84c5a?vk&utm_hp_ref=uk

cogito

Thrugelmir wrote: »

In general fairly accurately.

National interests rule every time. Hardly surprising that the negotiations aren't going well.



http://www.bbc.co.uk/news/business-40778364

I think I may have misunderstood the point you were making there.

I agree entirely that national interests will rule every time and the French are masters at it. Macron has already hacked off the Italians in different ways and it looks to me as if Merkel is sitting back and letting him make an !!! of himself.

From the UK point of view, I think the negotiations are going pretty well despite the background noise. The UK is adamant that it will not submit to the ECJ and this is relevant to much more than just citizens' rights. The EU team are not actually doing any negotiation and there is evidence of their frustration as they are accustomed to getting their own way.

There is nothing more than a thin veneer of unity and we'll see how well that holds together when realisation dawns that the money they are demanding doesn't materialise. Ferrets in a sack spring to mind.

mayonnaise

A_Medium_Size_Jock wrote: »

"
Hard Brexit Could Mean Cheaper Food If We Abolish Tariffs, Policy Exchange Says

"

http://www.huffingtonpost.co.uk/entry/hard-brexit-food-cheaper-policy-exchange_uk_597f6e59e4b02a8434b84c5a?vk&utm_hp_ref=uk

Stop the press. Policy Exchange, a right wing think tank founded by Michael Gove says Brexit could mean cheaper food.

always_sunny

cogito wrote: »

There is nothing more than a thin veneer of unity and we'll see how well that holds together when realisation dawns that the money they are demanding doesn't materialise. Ferrets in a sack spring to mind.

Isn't the same also applicable this side though? The belief that post Brexit, the UK will be the idyllic land of milk and honey may not "hold together when realisation dawns that the [STRIKE]money[/STRIKE] FTAs, lower immigration, etc they are [STRIKE]demanding[/STRIKE] expecting doesn't materialise. Ferrets in a sack spring to mind."

A_Medium_Size_Jock

mayonnaise wrote: »

Stop the press. Policy Exchange, a right wing think tank founded by Michael Gove says Brexit could mean cheaper food.

Uh huh.
No comment then upon:

It said the EU’s agricultural tariffs are three times higher than the average EU tariff.

Or:

The EU’s historic reluctance to open up trade in food products has repeatedly stymied trade deals and led to higher prices for consumers and a distorted farming industry.

I wonder why?
:whistle:

cogito

always_sunny wrote: »

Isn't the same also applicable this side though? The belief that post Brexit, the UK will be the idyllic land of milk and honey

Who believes that? No one I know.

A_Medium_Size_Jock

cogito wrote: »

Who believes that? No one I know.

It's nothing more than another recourse of last resort by pro-EU sympathisers still distressed at the referendum result.
Pictures of a certain bus being another ...................... :rotfl:


Regarding news a while ago of Deutsche Bank investing millions in a new lease for offices in London, the lease has been agreed:

Deutsche Bank (DBKGn.DE) has exchanged a pre-let agreement for its new City of London headquarters, the building's developer Land Securities (LAND.L) said on Tuesday. The announcement confirmed details of the deal first reported in March, adding that under the 25-year lease agreement the German lender had committed to take a minimum of 469,000 square feet in the building at 21 Moorfields.

http://uk.reuters.com/article/uk-deutsche-bank-london-idUKKBN1AH3AY?il=0

The report does in fairness include the mention of DB's indication that jobs may move as a result of Brexit.
But would you really be investing so much in property without the intention of using it?

A_Medium_Size_Jock

"
Export boom helps UK manufacturing growth recover in July - PMI

"

British manufacturing growth recovered in July from a seven-month low, helped by the biggest influx of new export orders since 2010 ....

The PMI's new export subindex surged more than 5 points to 58.2 in July, within touching distance of the all-time high hit in April 2010.

The survey's gauge of factory cost pressures fell for the sixth straight month to reach its lowest level since June last year, when Britain voted to leave the European Union.

http://uk.reuters.com/article/uk-britain-economy-pmi-idUKKBN1AH3L3?il=0

phillw

A_Medium_Size_Jock wrote: »

http://www.huffingtonpost.co.uk/entry/hard-brexit-food-cheaper-policy-exchange_uk_597f6e59e4b02a8434b84c5a?vk&utm_hp_ref=uk

Yeah, chlorinated chickens and the return of turkey Twizzlers. Those foreigners in the EU have been stopping Britain from taking a brave and righteous race to the bottom in the food industry for years.

Brexit is a xenophobic wet dream, all these pro Brexit reports are just feeding the delusion. They don't mean what you think they do. Sure there will be winners from Brexit, but none of those are on moneysavingexpert.com

Offshoring food production and selling it as a positive because of a short term decrease in food bills is a really bad idea. I look forward to seeing the realisation dawn on the pro brexiters, when they realise the only food they can buy is "foreign muck" produced by <insert derogatory racist term here>. Especially when they jack up the price because our farming industry has been destroyed.