Brexit, the economy and house prices (Part 3)

System

A_Medium_Size_Jock wrote: »

That's a lot of potential - yet the naysayers insist in a Fraser-style cry of "We're a' doomed"!

There's not a country in the world that wouldn't like the UK to import their goods tariff free.

A_Medium_Size_Jock

ilovehouses wrote: »

There's not a country in the world that wouldn't like the UK to import their goods tariff free.

There's not a country in the world that has not benefited from British ingenuity either.

And here is yet another example of the ingenuity that powers the UK:
Oxford team to test universal flu vaccine in world first

It is the first time a universal flu vaccine has progressed beyond Phase I clinical testing.
Assuming it is successful in Phase IIb, the new shot will still have to go into much bigger and expensive final-stage testing .....

http://uk.reuters.com/article/uk-health-flu-vaccine/oxford-team-to-test-universal-flu-vaccine-in-world-first-idUKKCN1C80RA?il=0

Arklight

setmefree2 wrote: »

http://www.express.co.uk/news/uk/861540/Britain-Brexit-start-EU-trade-talks-by-end-of-the-year-European-officials-Theresa-May

Oh great the Express. Let's see what else is in this illustrious tome today...


http://www.express.co.uk/news/weird/861296/Alien-disclosure-Vladimir-Putin-Donald-Trump-Paradigm-Research-Group-Steve-Bassett

Will Vladimir Putin reveal aliens are here? The 'real reason' why Donald Trump won't do it

EXCLUSIVE: Donald Trump and his predecessors have not admitted to the world that aliens exist and are HERE on Earth, because it would "breach the US Constitution" and risk the "collapse of the global economy", it has shockingly been claimed.

Express readers really are out of this world aren't they? Or on another planet at least...


I can see why they are so concerned about immigrants. Not sure if leaving the EU will stop settlers from Proxima Centauri though.

michaels

NineDeuce wrote: »

That will make up for the 15-20% increase in cost of goods caused by fall in pound wont it?

Only a deluded Leaver would make this argument...

Commodities are typically priced in USD. Prior to the referendum in 2016 the GBP USD rate was typically 1.45. It is currently 1.33. Is that a 15% fall or a 20% fall?

By your logic if the EU vote had gone the other way and GBP had not fallen rather than seeing 3% inflation in the last year we would presumably have seen about 12-17% deflation as goods would be 15-20% less expensive than they are now....

Conrad

For perspective, UK manufacturing still expanding nicely;


Data firm Markit says:


The UK’s factory PMI , which measures activity across the sector, fell to 55.9 in September, from August’s 56.7.


(any reading over 50 shows an expansion).

Growth of new export business remained among the best registered over the past six-and-a-half years. There were reports of increased sales to Europe, the USA, China and Brazil.
Some firms also mentioned an ongoing boost from the historical weakness of sterling, although this was less prominent as a factor than earlier in the year

System

A_Medium_Size_Jock wrote: »

Not true.
http://www.dailymail.co.uk/news/article-4939242/Brexit-trade-talks-starts-Christmas.html

https://www.thesun.co.uk/news/4593563/britain-can-start-eu-trade-talks-by-the-end-of-the-year-european-officials-tell-theresa-may/

There's not a shred of substance in either. But yes, you win, more than one newspaper is going with this story. Congratulations.

Mr A. Source and Mr E. U. Official are always so reliable.

A_Medium_Size_Jock

Lessons learned from EU police academy's soft Brexit

This institution moved from London to Budapest and goes on to say:

Based on the latest EU parliament audit, the relocation from Bramshill to Budapest costed approximately €1,006,515.
Some €570,283 was financed by the UK and the EU commission equally, and the rest of the money came from Cepol via savings from its budget in the new low-cost location. The move to Hungary meant reductions in wages of EU workers, due to the so-called correction coefficient which requires wages to align with the local cost of living.

Several staff meetings were held in 2012 and 2013 about the relocation, but the precise timeline was only given in 2014 - the year the decision and move were officially announced.
Seven employees filed a complaint before the European Court of Justice (ECJ).
Four struck an amicable deal but three went to trial - partly because their salaries were cut to match Hungary's lower cost of living.
But they also argued that the month notice they were given to make a decision on whether they wanted to move was insufficient.
The employees lost their case when the ECJ ruled in 2016 that reassignment of an EU official or staff member does not constitute an "abnormal and unforeseeable" event in his or her career.

https://euobserver.com/regions/139035


All this clearly has implications for workers who might be asked to move with the EMA and EBA.
No wonder they risk losing so many workers.
https://uk.reuters.com/article/uk-britain-eu-agencies-medicines/eu-drugs-watchdog-warns-of-staff-exodus-if-move-from-london-botched-idUKKCN1C11NU

cogito

A_Medium_Size_Jock wrote: »

Lessons learned from EU police academy's soft Brexit

This institution moved from London to Budapest and goes on to say:

https://euobserver.com/regions/139035


All this clearly has implications for workers who might be asked to move with the EMA and EBA.
No wonder they risk losing so many workers.
https://uk.reuters.com/article/uk-britain-eu-agencies-medicines/eu-drugs-watchdog-warns-of-staff-exodus-if-move-from-london-botched-idUKKCN1C11NU

I posted about this a few weeks ago. If my employer had tried to move me to another location outside reasonable commuting distance without my agreement, I could have sued and won for constructive dismissal. There are numerous legal precedents.

The EU which claims to have workers interests at its heart uses the ECJ to deny rights which employees in the UK can take for granted. And they continue to insist on the ECJ having jurisdiction over us to protect their citizens.

The other thing is of course, the no one is forcing them to leave the UK. They have 25 year leases with no break clause in Canary Wharf and would have to stump up around £300m in rent to cover the remainder of the lease. Unsurprisingly, they say that the UK should pay for that.

To use their own favourite phrase, they are being unrealistic.

mayonnaise

cogito wrote: »

The other thing is of course, the no one is forcing them to leave the UK. They have 25 year leases with no break clause in Canary Wharf and would have to stump up around £300m in rent to cover the remainder of the lease. Unsurprisingly, they say that the UK should pay for that.

To use their own favourite phrase, they are being unrealistic.

You mean the EU should just leave European Agencies in a non-EU state until their lease expires? Now who's being unrealistic?

By the way, first time I hear of CEPOL and its grand total of 52 employees. The desperation-googling from our resident EU-phobes is reaching unprecedented levels.

cogito

mayonnaise wrote: »

You mean the EU should just leave European Agencies in a non-EU state until their lease expires? Now who's being unrealistic?

By the way, first time I hear of CEPOL and its grand total of 52 employees. The desperation-googling from our resident EU-phobes is reaching unprecedented levels.

No I don't necessarily mean that. What I am saying is that there is no obligation for them to relocate but they are choosing to do so and voluntarily incurring the cost. They should not therefore expect someone else to pick up the bill.

On the point of CEPOL, that was a small agency indeed but the legal precedent was set by the ECJ ruling. The two agencies affected by Brexit employ several thousand people. The way you have chosen to downplay that is pretty desperate.