Brexit, the economy and house prices (Part 3)

Thrugelmir

ilovehouses wrote: »

So only you're allowed to make generalisations?

You said there was no difference between nationalities and I pointed out one to you.

:doh::doh::doh::doh:

Thrugelmir

gfplux wrote: »

I meant to say earlier in the thread. Don't leave. That shows they are winning with the bullying tactics.
We need you to help push back against the shouty faces.

A sure sign that this thread is destined for the MoneySaversArms .........

A_Medium_Size_Jock

gfplux wrote: »

I meant to say earlier in the thread. Don't leave. That shows they are winning with the bullying tactics.
We need you to help push back against the shouty faces.

That's on-topic is it?
:whistle:
So yourself and some remainers think leavers are "shouty faces" (?) with "bullying tactics" ?
:think:

Looking through Brexit threads it's very easy to see who the most coercive and vehemently vocal protagonists are - and that is some of the pro-EU pro-remain contingent, yourself included.
That vociferous stance is why so many leave supporters in threads like this ensure that such posts are countered, and long may that continue.
:T

A_Medium_Size_Jock

ilovehouses wrote: »

The Polish guys I used to work with travelled across Europe in a minibus to pack food products into various types of cardboard box. Young Brits living in the estate next to the packing house with minimal expenses couldn't be bothered with a 10 minute saunter to do the same job.

Strangely, some English guys I used to work with travelled across Europe in a minibus to build large swathes of Germany and beyond.
Young Germans living in their estates next to these building sites with their minimal expenses had been priced out by these workers - until a new law changed things and around 80,000 British building workers were forced to either return or find work elsewhere. That was not so long ago, either.
Now it seems that at last home-grown employees are to receive priority and it looks as if training, apprenticeships and other means of ensuring the matching of skills to the needs of employers are a step closer.
:T

What goes around comes around.

gfplux

Conrad wrote: »

Keep in mind the other thing I've said, trade deals are not required for trade.


They're ok but not at all essential as I've said a hundred times - I had no trouble whatsoever buying an American synthesizer recently, am considering a Japanese car, no issues whatsoever. People trade, not Govts.


Lets be free to do as we wish and not be obstructed by the cloying EU protection shop. Lets make our own locally tailored rules to benefit UK plc. Yes, yes, Germany has done well, but outside the EU protection shop it may have done even better.

Correct, Britain does not need trade deals to trade, however you have been suggesting for the last year and more that Brexit represents a new dawn of huge increased levels of exports. What you need for that is the will, the skill, the product, the spare or new capacity and the finance. A weak currency is a bonus.
We are 14 months into the Brexit Crisis and where is the evidence that all those things are coming together except the weak currency?

Thrugelmir

gfplux wrote: »

Correct, Britain does not need trade deals to trade, however you have been suggesting for the last year and more that Brexit represents a new dawn of huge increased levels of exports. What you need for that is the will, the skill, the product, the spare or new capacity and the finance. A weak currency is a bonus.
We are 14 months into the Brexit Crisis and where is the evidence that all those things are coming together except the weak currency?

Crisis, what crisis? The final sentance sums the business view.

Britain’s car industry has been given a “vote of confidence” by BMW, the Government said after the German automotive giant announced it will build an all-electric version of the Mini in the UK.

BMW said from 2019 a fully electric “Mini E” will roll off the production lines at its Oxford plant which is the historic home of the iconic car, easing concerns about the impact of Brexit.

The news guarantees the future of the 4,500 staff at plant, who currently build the bulk of the 360,000 Minis of all models produced annually.

There had been speculation the work could go to BMW’s factory in the Netherlands which currently produces a smaller proportion of the fleet – or even an entirely new plant in Germany.

However, industry sources say there was little doubt BMW would ever pick anywhere but Oxford, having sunk £500m into the plant over the past five years, and changes required for the electric car would require just a fraction of that investment.

The decision to build the Mini E in the UK was made by the BMW’s main board, with a company spokesman describing it as a “multi-faceted decision involving many factors, including the large scale Mini production at Oxford".

"The business case for Oxford is the best one on offer given current economic and trading conditions. We can’t speculate about what Brexit will mean.”

BMW seem a lot more sanguine than our resident expats.

gfplux

A_Medium_Size_Jock wrote: »

That's on-topic is it?
:whistle:
So yourself and some remainers think leavers are "shouty faces" (?) with "bullying tactics" ?
:think:

Looking through Brexit threads it's very easy to see who the most coercive and vehemently vocal protagonists are - and that is some of the pro-EU pro-remain contingent, yourself included.
That vociferous stance is why so many leave supporters in threads like this ensure that such posts are countered, and long may that continue.
:T

You could never be called Shouty Face number one.

gfplux

Thrugelmir wrote: »

Crisis, what crisis? The final sentance sums the business view.



BMW seem a lot more sanguine than our resident expats.

If you are referring to me, I am an immigrant not an expat.
Why are foreigners in Britain called immigrants and Brits living in the EU27 called expats?
We are all immigrants or emigrants
Sorry off topic.

Thrugelmir

gfplux wrote: »

If you are referring to me, I am an immigrant not an expat.
Why are foreigners in Britain called immigrants and Brits living in the EU27 called expats?
We are all immigrants or emigrants
Sorry off topic.

Um.........

An expatriate (often shortened to expat) is a person temporarily or permanently residing in a country other than that of their citizenship

Thrugelmir

Back on topic.

Fewer than ten of the approximately 40 banks that conduct EU business out of London have applied so far for a licence to continue banking in the bloc after Britain leaves, regulatory sources told Reuters.

The slow pace of applications is raising concern at the European Central Bank, the EU’s top banking supervisor, that some lenders are not doing enough to prepare for Brexit, or may even avoid its watch through a gap in the rules.

The past two months have seen a pick-up in the number of banks saying they plan to set up new EU subsidiaries after Brexit, with most major U.S., British and Japanese banks saying they will establish units in Frankfurt or Dublin.

But supervisory sources say they have still seen few formal applications for licences.

“We’re having lots of meetings but not enough concrete action,” one supervisor said.

While Britain does not leave the EU until March 2019, bank executives have said time is already running out: it could take 18 months or more to set up a new subsidiary, given the need to relocate staff, get the requisite technology and change contractual arrangements with EU clients.

http://uk.reuters.com/article/uk-britain-eu-banks-ecb/fewer-than-10-uk-based-banks-have-asked-for-eu-licence-as-brexit-looms-sources-idUKKCN1BH142