Brexit, the economy and house prices part 5

Rough_Justice

Added to which, it looks like soon there will be plenty Irish workers available.

Brexit: Irish economy could take a 7% hit in a no-deal scenario

An impact study produced for the Irish government suggests the country's economy would suffer a 7% hit as a result of a no-deal Brexit.

http://www.bbc.co.uk/news/uk-northern-ireland-43045699

*Brexit will also impact Irish wages negatively for all skill groups.

http://www.waterford-news.ie/2018/02/13/new-report-reveals-negative-impacts-of-brexit-on-irish-economy-in-all-scenarios/

There we go, if the Irish are as good at harvesting oysters or fruit & veg as they were at being navvies in the 18th century that's the problem solved.
:T

BobQ

Tromking wrote: »

A win-win by the looks of it.
EU workers improve their lot and UK citizens get the benefit of rising wages and less pressure on our vital public services.

Evidence of rising wages is what?

Thrugelmir

BobQ wrote: »

Evidence of rising wages is what?

Improving EU economy.

BobQ

Tromking wrote: »

Consumers don’t pay wages, employers do.
Plenty of evidence via our friend google that mass immigration from the EU has depressed wages in the UK and encouraged businesses not to invest in automation and more efficient working practices as a result.

Not really, consumers pay goods that are sold at a profit from which the workers are paid. Employers cannot pay higher wages unless consumers buy the fruits of their labour.

Just because wages have declined does not mean it was caused by the EU. Employers have not invested in automation because we increasingly make less goods and services can be delivered without much automation.

There has been no shortage of jobs. EU workers are not deserting the UK, they are choosing to take jobs elsewhere, depriving the UK with the taxation we need to fund public services. Employers are not paying any more for UK workers, and many employers like the NHS cannot find skilled workers to do the jobs.

BobQ

Thrugelmir wrote: »

Improving EU economy.

How does that improve UK wages?

Thrugelmir

BobQ wrote: »

How does that improve UK wages?

Supply and demand. Fewer migrants.

Though the UK is becoming a low wage economy. Better wages require higher skilled work.

Tromking

BobQ wrote: »

Evidence of rising wages is what?

Apologies.
Are you asking for evidence of rising UK wages or what rising wages is evidence of?

gfplux

Thrugelmir wrote: »

Easy enough to do. Aren't all passports scanned on entry?

No. They are passed through a reader. Wether the image is captured, logged, stored, cross referenced and retrievable I suspect not.
Why do I think that. Well presently the British Government wish to take back control of the borders. Suggesting they have not been controlling them in the past. In addition any EU27 asking the Home office any questions is asked to provide ALL the evidence of arrival and residence.
In addition creating a system of registering arrivals and departures is one of the many reasons for the transition period.

Theophile

Rough_Justice wrote: »

Added to which, it looks like soon there will be plenty Irish workers available.

Brexit: Irish economy could take a 7% hit in a no-deal scenario

http://www.bbc.co.uk/news/uk-northern-ireland-43045699


http://www.waterford-news.ie/2018/02/13/new-report-reveals-negative-impacts-of-brexit-on-irish-economy-in-all-scenarios/

There we go, if the Irish are as good at harvesting oysters or fruit & veg as they were at being navvies in the 18th century that's the problem solved.
:T

This impact report should be taken very seriously, unlike impact reports showing a negative impact of 'no-deal' on the UK economy. Those can be safely dismissed as 'project fear'.

gfplux

For those of us waiting for the Big Boris speech today we might be disappointed much of the text has been leaked.

This is Politico this morning on the speech

Quote

BORIS ULTIMATUM: The foreign secretary takes to the stage in central London this morning at 11 a.m. for his big Brexit intervention, snappily titled !!!8220;The Road to Brexit: a United Kingdom.!!!8221; It had been billed as Johnson!!!8217;s !!!8220;liberal!!!8221; case for Brexit, an olive branch to the Remainers. The real story is anything but. Johnson has taken his opportunity to fire a giant flare of a warning at the prime minister not to go soft on Brexit.

!!!8216;Intolerable!!!8217;: All the papers have a trail of the speech, but the Sun has bagged an article from the foreign secretary in which he takes aim at those pushing for the U.K. to accept EU rules and regulations after Brexit in return for a better trade deal. Whoever could he be thinking of? For Boris, such an outcome would be !!!8220;intolerable!!!8221; because it would leave the U.K. at the mercy of Brussels.

Quote: !!!8220;It is only by taking back control of our laws that U.K. firms and entrepreneurs will have the freedom to innovate, without the risk of having to comply with some directive devised by Brussels, at the urgings of some lobby group, with the aim of holding back a U.K. competitor. That would be intolerable, undemocratic and would make it all but impossible for us to do serious free trade deals.!!!8221;

What is he playing at? It!!!8217;s decision time for the government and Johnson is drawing his line in the sand as publicly as possible. At the end of next week May and her war Cabinet will decamp to Chequers, the prime minister!!!8217;s country retreat, to thrash out what they want from Brexit. May will then present the plan to Brussels in a speech before the March 22 European Council.

End quote.