Brexit the economy and house prices part 6

wunferall

Filo25 wrote: »

I thought this was a pretty interesting [STRIKE]read[/STRIKE]opinion on how things stand at present.

https://mainlymacro.blogspot.com/2018/09/why-brexiters-look-defeated.html

I prefer this one:

The Belgian denounced as a heretic for insisting Brexit will be a success

He explains clearly and concisely how the UK has killed off populism and why the city will thrive after Brexit, and more.
https://www.thetimes.co.uk/article/the-belgian-denounced-as-a-heretic-for-insisting-brexit-will-be-success-vg5dx38df

It is free to register and read if you're genuinely interested in seeing another POV.

Filo25

wunferall wrote: »

I prefer this one:

He explains clearly and concisely how the UK has killed off populism and why the city will thrive after Brexit, and more.
https://www.thetimes.co.uk/article/the-belgian-denounced-as-a-heretic-for-insisting-brexit-will-be-success-vg5dx38df

It is free to register and read if you're genuinely interested in seeing another POV.

Unfortunately I am out of my free Times articles for the week, will have a look at it next week!

Filo25

wunferall wrote: »

First the wording was "deal", NOT "trade deal".

Second, was Monsieur Barnier being dishonest then when he said that that the EU are willing to offer the UK an unprecedented trade deal at the end of August?
Do you discount March's offer of a "classic" free trade deal from the EU as not being serious?

:huh:

No I'm sure a Canada style FTA deal is on the table, assuming the other hurdles can be cleared first, the Irish border in particular, not that we seem to be much closer to resolving that particular issue to the satisfaction of either side.

Even a Canada style FTA takes a fair while to negotiate once you start however, as you can see from looking at the Canadian trade deal itself!

buglawton

wunferall wrote: »

He was specifically chosen for the task of EU negotiator.

https://www.telegraph.co.uk/news/2016/07/27/who-is-michelbarnier-the-frenchman-in-charge-of-the-eus-brexit-n/

You can register for free to read in its entirety but you get the idea I'm sure.

Had a look thanks. Does he realise he's pointing the gun at the EU's own foot?

Matt_L

As a person that voted leave im starting to warm to the idea of a second referendum on the deal. I was dead against it but the more I hear leading remainers assuring us all that this isn't a rerun of the original referendum and in fact they totally respect the original vote and outcome, the more I believe the path we choose is ours to again vote on.

So with that, the only possible question on the ballot paper ( if we're all being honest) can be.. Accept what deal May gets or leave with no deal??? This im sure should finally satisfy everyone.

mayonnaise

Matt_L wrote: »

As a person that voted leave im starting to warm to the idea of a second referendum on the deal. I was dead against it but the more I hear leading remainers assuring us all that this isn't a rerun of the original referendum and in fact they totally respect the original vote and outcome, the more I believe the path we choose is ours to again vote on.

So with that, the only possible question on the ballot paper ( if we're all being honest) can be.. Accept what deal May gets or leave with no deal??? This im sure should finally satisfy everyone.

Nope, sorry Matt, you're not getting another referendum.
We had a vote in 2016.

gfplux

Interesting and slightly unpleasant news for the workers from BMW-MINI

https://news.sky.com/story/bmw-to-shut-mini-factory-for-a-month-after-brexit-day-sky-sources-11501360

QUOTE
Car giant BMW will shut its main British manufacturing factory immediately after Brexit day next year for several weeks, because of the rising risk of a "no-deal" divorce, Sky News has learned.

The Mini plant in Oxford will not produce cars for at least a month from 1 April 2019, as the German giant activates the next stage of its no-deal contingency plans.
END QUOTE

Hopefully they will not be loading the robots and track onto 747s and flying the factory to an EU27 country!

gfplux

Different but still unpleasant news for Jaguar workers.

https://www.bbc.com/news/business-45550025

QUOTE
About 1,000 workers at Jaguar's Castle Bromwich plant in Birmingham will move from a five-day to a three-day week from October until Christmas.
Jaguar Land Rover said it was making "temporary adjustments to our production schedules" at the factory.
It was standard practice to "regularly review its production schedules to ensure market demand is balanced globally", JLR added.
END QUOTE

While not entirely Brexit related (unlike BMW-MINI) it is not good news.
As I understand it the UK factory does NOT produce the F and E pace SUVs that are leading Jaguar sales now. They are produced in Austria.

buglawton

A consequence of consumers being misled into diesel by government policy on fuel duty and annual vehicle taxation - trying to manipulate the market. Once some environmental groups and scientists exposed the truth, govt takes another U-turn. Shows that not all uncertainty can be blamed on Brexit.

Herzlos

Brexit won't have helped either; new production facilities are more likely to be in Europe.
Jaguar itself should have largely price insensitive customers though.

Mini shutting the factory for at least a month from brexit day makes perfect sense. Demand will likely drop anyway and it means they can wait until all the customs niggles are figured out.

Hopefully they can use the down time for training and maintenance, and that it'll re-open once everything becomes clear. I suspect most car manufacturers will do similar.