Debate House Prices


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Brexit the economy and house prices part 7: Brexit Harder

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Comments

  • cogito
    cogito Posts: 4,898 Forumite
    melanzana wrote: »
    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.

    Oh, yes they did:


    https://tradingeconomics.com/united-kingdom/corporate-tax-rate
  • Herzlos
    Herzlos Posts: 15,935 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I'm sure May is delaying as long as possible in the hope something will come up to save her party.
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    buglawton wrote: »
    More nimble manufactures ... would be welcome though.

    Agreed. What a shame then that vocal Brexiteer James Dyson will not be manufacturing his new electric cars in the UK either.
    buglawton wrote: »
    £80m already invested, total of £200m envisaged. That's more like it!

    Sounds a lot until you realise that Dyson is spending £2.5bn at the moment on expansion so more than 90% of Dyson's investment budget is NOT going to the UK... that's hardly a ringing endorsement for a post-Brexit Britain from one of the leading Brexiteers!
    cogito wrote: »
    It's a factor, not a fact.

    It's a factor and a fact! :)
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • cogito
    cogito Posts: 4,898 Forumite
    gfplux wrote: »
    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.

    Do you mean that you actually believe this garbage? :rotfl::rotfl::rotfl:

    This being the same Queen who as a child remained in London whilst the Germans were bombing it.
  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Herzlos wrote: »
    I'm sure May is delaying as long as possible in the hope something will come up to save her party.

    May knows she won't get anything changed in the withdrawal agreement. She is feigning a further effort because of the ERG and wanting to keep her party together. She will then come back saying she did her best and nothing more can be done and this will force MP's to back her deal because otherwise we'll have no brexit or a hard brexit. This has been her strategy all along.

    We'll have a wishy washy version of May's brexit as a result which imo is worse than a hard brexit in many ways because it transfers sovereignty to the EU. In future we'll be paying for access to the EU with no say over the rules!

    Labour now seem to be losing support because their position in accepting brexit is losing remainer support and they are also not trusted by brexiteers. 'A' Customs Union and being close to the Single Market is seen as not brexit by brexiteers and as unobtainable 'pie in the sky' by remainers.

    The whole thing is an absolute disaster.
  • Herzlos
    Herzlos Posts: 15,935 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    May is also using this as an opportunity to shift the blame to the EU - "I went back to the EU but they were intransigent! It's not our fault!".
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Agreed. What a shame then that vocal Brexiteer James Dyson will not be manufacturing his new electric cars in the UK either.

    Sounds a lot until you realise that Dyson is spending £2.5bn at the moment on expansion so more than 90% of Dyson's investment budget is NOT going to the UK... that's hardly a ringing endorsement for a post-Brexit Britain from one of the leading Brexiteers!

    It's a factor and a fact! :)
    Dyson has clearly identified his future growth marketplace as Asia. That's his decision and his judgement. The UK excels at design and R&D so it's nice we are getting a suitable slice of that.

    As a manufacturer we are more marginal. The fact that Nissan is keeping the manufacture of better selling models here while diverting the model with the worst prospects to Japan could be seen as a good thing for the long term future. So far, no real Brexit effects, they will depend on actual deals done post-Brexit.
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Herzlos wrote: »
    May is also using this as an opportunity to shift the blame to the EU - "I went back to the EU but they were intransigent! It's not our fault!".
    And then hopes to bounce Parliament into her deal. Yes, her tactics are quite transparent.
  • Herzlos
    Herzlos Posts: 15,935 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    buglawton wrote: »
    Dyson has clearly identified his future growth marketplace as Asia. That's his decision and his judgement.
    Yeah, Asia has better trade links to the EU; Singapore (where Dyson is moving to) already has a FTA in place with the EU.


    The UK excels at design and R&D so it's nice we are getting a suitable slice of that.
    That's something, but will we keep it up if our research and education is suffering? China is producing a lot of really smart research graduates in all fields, whilst we're cutting ourselves off from EU research projects and funding.

    As a manufacturer we are more marginal. The fact that Nissan is keeping the manufacture of better selling models here while diverting the model with the worst prospects to Japan could be seen as a good thing for the long term future. So far, no real Brexit effects, they will depend on actual deals done post-Brexit.


    That's an interesting spin on it. It's good that we'll lose the jobs because the thing they are producing is pretty marginal, and we'll still have jobs producing the other stuff? Why couldn't we do both?


    We've lost this one because they've decided that for the smaller runs it's better to produce them in Japan and ship them tariff free to the EU, rather than risk making them here and shipping them on WTO rates to the EU.

    We get to enjoy that EU-Japan FTA for 59 days before we leave it. Great, huh?
  • movilogo
    movilogo Posts: 3,235 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    As usual Remain cabal blames everything to Brexit (including recent snow falls) :D

    Nissan pulls out of Europe (not just UK) because EU is anti-diesel. Car sales in Asia growing faster than anywhere else. So it makes sense to manufacture cars in Asia.
    Happiness is buying an item and then not checking its price after a month to discover it was reduced further.
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