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Brexit the economy and house prices part 7: Brexit Harder

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    melanzana wrote: »
    There was nothing to stop UK from having a low Corporate Tax rate either was there? They chose not to.

    Would have raised less tax revenue. ;)

    Likewise there's a strong Irish/US connection.
  • melanzana
    melanzana Posts: 3,953 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    edited 3 February 2019 at 10:46PM
    Thrugelmir wrote: »
    Would have raised less tax revenue. ;)

    Likewise there's a strong Irish/US connection.

    OK, but where was the reluctance from UK to lower their CT?

    Seems to me that lower taxes is the way to go now. But UK decided not to do this. They could have but didn't.

    Why is that?

    Ah well, blame everyone else who did it before UK even thought about it. Like the Rupublic of Ireland. They were colonised and now will not give an inch anymore to the British overlords of the past.
  • buglawton
    buglawton Posts: 9,246 Forumite
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    No, it is you that is wrong, again.

    Nissan boss confirms Sunderland blow - Brexit 'not helping'

    Or will you now be arguing that Nissan's European boss writing to the Sunderland staff is somehow not "official?" :rotfl:
    So no actual move of producion then. Rather, a decision not to invest in a new 4WD diesel SUV in the UK but to do it in Japan. Like, thats just the kind of investment the future the UK (and the motorists of the future) need. I call that a piece of luck then.
  • Arklight
    Arklight Posts: 3,182 Forumite
    Ninth Anniversary 1,000 Posts
    wunferall wrote: »
    Here's another good reason why remainers are increasingly vocal and increasingly desperate:

    https://www.bbc.co.uk/news/uk-politics-47105990
    :T
    Yes, it looks like remainers are at least seeing their opportunity to reverse the Brexit vote disappear as each day brings the inevitable leaving ever closer.
    :T

    The thing about schadenfreude is that after the freude has gone, you are left with the schaden.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    As expected, Brexiteers are in complete denial and it doesn't matter how many companies invest in other countries instead of the UK; they will never admit that Brexit is a factor.

    Just seen one on TV. "It will devastate Sunderland.......but I still support Brexit." Sad really.......
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    buglawton wrote: »
    May had secret talks with Nissan a while back where apparently 'promises were made'. Maybe Nissan finally realised it's been backing the wrong horse.

    But frankly, all companies are right to stall big investment decisions until a certain trade landcape can be seen. The astonishing ineptitude of May's administration it what's kept up the uncertainty and which will now prolong the agony for even longer as the exit date gets pushed back.

    May is a rare character. She does not believe in Brexit but is willing to sell the snake oil for the good of her party.

    The problem is that stalling decisions only works when you have the time to do it. When you need to make the decision - and 2 years is a long time to be holding off on making a business investment decision - the decision will eventually be to move elsewhere
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 4 February 2019 at 6:39AM
    BobQ wrote: »
    Just seen one on TV. "It will devastate Sunderland.......but I still support Brexit." Sad really.......

    Yes I saw it too. Very depressing times. It's like watching a slow motion car crash. Hubris or naivety it makes no difference. The attitude is amongst many...... we know it is going to be a disaster but we must carry on self harming because we must respect the referendum. It's Ireland I feel sorry for. They didn't have a vote!
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    buglawton wrote: »
    a decision not to invest in a new 4WD diesel SUV in the UK but to do it in Japan. Like, thats just the kind of investment the future the UK (and the motorists of the future) need.

    Post-Brexit I think the UK will be thankful for any investment it can get; we won't have the luxury of being picky...
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    wunferall wrote: »
    Here's another good reason why remainers are increasingly vocal and increasingly desperate:

    https://www.bbc.co.uk/news/uk-politics-47105990
    :T
    Yes, it looks like remainers are at least seeing their opportunity to reverse the Brexit vote disappear as each day brings the inevitable leaving ever closer.
    :T

    Which departure do you prefer.

    1) Leave end of March with the Withdrawal/transition/political understanding deal signed. Then start trade negotiations with the EU in April

    2) Leave end of March without a deal and TRY AND START trade negotiations with the EU.
    There will be no Brexit dividend for Britain.
  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    melanzana wrote: »
    Oh well, the view from outside UK is that there has been no planning, no organisation, no nothing, and all we are seeing is demands.

    UK is seen as a laughing stock now, purely because they haven't a clue what the heck they want.

    And BTW what the heck do they want, it is not clear at all, and no one seems to be able to tell me either.

    So many entities have moved to Dublin now, and who can blame them. Those jobs will never return.

    Brexit rarely makes the FRENCH news. However last night on TF2 there was was much merriment when they crossed to London to hear from their UK correspondent the news about the Queen leaving because of Brexit.
    The reporter did not even attempt to keep a straight face.

    Britain a laughingstock, surely not.
    There will be no Brexit dividend for Britain.
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