Brexit, the economy and house prices part 5

gfplux

Tromking wrote: »

A wholly natural consequence of Brexit my Luxembourger friend, I genuinely feel sorry for the 75% of the EMA staff who are unhappy at leaving arguably the preeminent ‘World City’ that is London.
300,000 jobs created in the U.K. since the Brexit vote BTW.

Amsterdam maybe the least-worst option for staff retention, with 81 percent of EMA staff surveyed ready to move to the Dutch city, but there is still a real fear of bureaucratic logjams given the upheaval and ultra-tight schedule dictated by Brexit.

The above is from https://www.reuters.com/article/uk-britain-eu-medicines-analysis/brexit-gets-real-for-drugmakers-as-regulator-moves-to-amsterdam-idUSKBN1DL1N7

As you say NOW a natural consequence of Brexit that the quitters knew nothing about. Also you now say I assume part of the price quittlings are prepared to pay.
How much will that bill be before any benefits of Brexit will appear.


I don't make a secret of my location. Why don't you update your profile to include it?

gfplux

Honey_Badger wrote: »

In 2016 the UK paid £8.6 Billion net to the EU. This figure takes account of the UK rebate and monies spent in the UK by the EU.

I make that just over 4 and a half years of EU contributions!

During the referendum campaign the public were told by members of the present cabinet that our contribution was £18 billion and that could go to the NHS.
Did they lie?

Honey_Badger

gfplux wrote: »

During the referendum campaign the public were told by members of the present cabinet that our contribution was £18 billion and that could go to the NHS.
Did they lie?

I think they were dishonest in the headline figure. Our contribution without the UK rebate would be £17 billion. But the figure we send to the EU after deducting the rebate was £13 billion. Personally my feeling is we should base our membership cost on our net contribution of £8.6 billion.

gfplux

Honey_Badger wrote: »

I think they were dishonest in the headline figure. Our contribution without the UK rebate would be £17 billion. But the figure we send to the EU after deducting the rebate was £13 billion. Personally my feeling is we should base our membership cost on our net contribution of £8.6 billion.

You may be right but if they won't admit to lying then the figure of £18 billion is probably the figure the British public and definately quitters will be working with.
£18billion was the promised windfall from leaving the EU plus all the other benefits that would flow in to the treasury.
It is difficult to measure the financial gain of securing the borders and taking control but there might be a few £billion to spend BEFORE the financial and social benefits of those measures are seen.

Honey_Badger

gfplux wrote: »

You may be right but if they won't admit to lying then the figure of £18 billion is probably the figure the British public and definately quitters will be working with.
£18billion was the promised windfall from leaving the EU plus all the other benefits that would flow in to the treasury.
It is difficult to measure the financial gain of securing the borders and taking control but there might be a few £billion to spend BEFORE the financial and social benefits of those measures are seen.

I voted for Brexit at the referendum, I didn't believe the £350 million figure on the side of the bus. I was very much on the fence in the weeks before the referendum about which way to vote.

So I don't think you can make sweeping statements about the opinions and beliefs of large sections of the British public. People's reasons for their vote was a lot more complex.

Tromking

gfplux wrote: »

Amsterdam maybe the least-worst option for staff retention, with 81 percent of EMA staff surveyed ready to move to the Dutch city, but there is still a real fear of bureaucratic logjams given the upheaval and ultra-tight schedule dictated by Brexit.

The above is from https://www.reuters.com/article/uk-britain-eu-medicines-analysis/brexit-gets-real-for-drugmakers-as-regulator-moves-to-amsterdam-idUSKBN1DL1N7

As you say NOW a natural consequence of Brexit that the quitters knew nothing about. Also you now say I assume part of the price quittlings are prepared to pay.
How much will that bill be before any benefits of Brexit will appear.


I don't make a secret of my location. Why don't you update your profile to include it?

I haven’t given my location a thought, I live in a lovely little market town on the edge of Dartmoor called Tavistock if you’re interested.
The people most surprised and grief stricken at the loss of two minor EU quangos seem to be bitter Remoaners like you. Proud ‘Quitters’ like me are celebrating things like the 7K Google jobs that will soon come on stream at their new Kings Cross European HQ.

Thrugelmir

gfplux wrote: »

During the referendum campaign the public were told by members of the present cabinet that our contribution was £18 billion and that could go to the NHS.
Did they lie?

Old news. Time to change the record.

gfplux

Proud Quittlings might be unsettled by this possibility mentioned in today's Bloomberg email.
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"The design and manufacture of Airbus wings – the “crown jewels” of U.K. aerospace – is at risk because of Brexit. Airbus’s Chinese arm is clamoring to take the work from the U.K. as Brexit threatens to blunt the country’s competitive edge, Airbus U.K. Senior Vice President Katherine Bennett told British lawmakers Tuesday. Wings are exported to the rest of the EU (using unusual-looking ‘Beluga’ transport planes, below) so would be affected by any new customs costs. “We do build wings in China now, and believe you me they’re knocking at the door as a result of the situation that we’re in in this country,” Bennett said.
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Do we have posters who are familiar with the Industry who might give more information?

tracey3596

gfplux wrote: »

Proud Quittlings might be unsettled by this possibility mentioned in today's Bloomberg email.
---
"The design and manufacture of Airbus wings – the “crown jewels” of U.K. aerospace – is at risk because of Brexit. Airbus’s Chinese arm is clamoring to take the work from the U.K. as Brexit threatens to blunt the country’s competitive edge, Airbus U.K. Senior Vice President Katherine Bennett told British lawmakers Tuesday. Wings are exported to the rest of the EU (using unusual-looking ‘Beluga’ transport planes, below) so would be affected by any new customs costs. “We do build wings in China now, and believe you me they’re knocking at the door as a result of the situation that we’re in in this country,” Bennett said.
---
Do we have posters who are familiar with the Industry who might give more information?

Still with the derogatory name-calling to vast swathes of the UK population I see?

A question.
How long has China been in the EU?

Honey_Badger

gfplux wrote: »

Proud Quittlings might be unsettled by this possibility mentioned in today's Bloomberg email.
---
"The design and manufacture of Airbus wings – the “crown jewels” of U.K. aerospace – is at risk because of Brexit. Airbus’s Chinese arm is clamoring to take the work from the U.K. as Brexit threatens to blunt the country’s competitive edge, Airbus U.K. Senior Vice President Katherine Bennett told British lawmakers Tuesday. Wings are exported to the rest of the EU (using unusual-looking ‘Beluga’ transport planes, below) so would be affected by any new customs costs. “We do build wings in China now, and believe you me they’re knocking at the door as a result of the situation that we’re in in this country,” Bennett said.
---
Do we have posters who are familiar with the Industry who might give more information?

I'm not sure this story holds water, as I understand it:

1) The concerns revolve around delays and paper work due customs clearance as aviation products are tariff free. As another poster said China isn't in the EU so that doesn't seem to make sense.

2) I cannot see that a much longer journey from China makes any sense at all, if you are concerned about delivery times. Especially given 3. below.

3) A380 wings produced at Broughton are too large for the "Beluga" transport aircraft. They are transported by road, river and sea to the A380 assembly plant.