UK based funds - brexit and onwards

Voyager2002

BananaRepublic said:

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC, not surprisingly.

Oddly enough I heard this on the BBC.

If you read the report in the Guardian, it seems that Nissan is benefitting from a quirk of the rules regarding tarriffs and batteries, so I am unsure to what extent it is safe to generalise from this.

And I do hope that you have not invested in the Scottish seafood industry!

BananaRepublic

Voyager2002 said:

BananaRepublic said:

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC, not surprisingly.

Oddly enough I heard this on the BBC.

If you read the report in the Guardian, it seems that Nissan is benefitting from a quirk of the rules regarding tarriffs and batteries, so I am unsure to what extent it is safe to generalise from this.

And I do hope that you have not invested in the Scottish seafood industry!

Sorry, I meant it wasn’t on the BBC news web site. They definitely have odd biases. The FT say they benefit when selling to UK buyers compared to EU companies. But the EU was destroying the advantage of the UK by giving the Japanese direct access to the EU without the need to assemble here. 

The problems with fish are the bureacracy involved in sorting out the new import/export mechanisms. It’s not good but at least it’s transient. They do complain that we sold them out, as the EU will still have significant access to our waters. But less than last year. 

NottinghamKnight

Voyager2002 said:

BananaRepublic said:

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC, not surprisingly.

Oddly enough I heard this on the BBC.

If you read the report in the Guardian, it seems that Nissan is benefitting from a quirk of the rules regarding tarriffs and batteries, so I am unsure to what extent it is safe to generalise from this.

And I do hope that you have not invested in the Scottish seafood industry!

Can you invest in the Scottish seafood industry (pun as well!)

BananaRepublic

NottinghamKnight said:

Voyager2002 said:

BananaRepublic said:

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC, not surprisingly.

Oddly enough I heard this on the BBC.

If you read the report in the Guardian, it seems that Nissan is benefitting from a quirk of the rules regarding tarriffs and batteries, so I am unsure to what extent it is safe to generalise from this.

And I do hope that you have not invested in the Scottish seafood industry!

Can you invest in the Scottish seafood industry (pun as well!)

Nicola Sturgeon would be proud of me as I did plaice some some money on scottish seafood, but the investments floundered. Fortunately I have no reason to carp as they weren’t my sole investments, and to be honest my others are brill. Anyway, I must get my skates on as I have other fish to fry.  

I sense a ban approaching, for the intolerable suffering caused to others. 

Thrugelmir

Voyager2002 said:

BananaRepublic said:

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC, not surprisingly.

If you read the report in the Guardian, it seems that Nissan is benefitting from a quirk of the rules regarding tarriffs and batteries, so I am unsure to what extent it is safe to generalise from this.

To qualify for zero export tariffs. 55% of the car's value has to be derived from either UK or EU sources. Currently majority of EV car batteries are imported from China and South Korea. Two British companies (AMTE Power and Britishvolt)  are looking to build Gigafactories in the UK.  Battery cost is going to be a major element of an EV.  This will help support motor manufacturing companies such as Bentley, Jaguar etc. 

BananaRepublic

Thrugelmir said:

Voyager2002 said:

BananaRepublic said:

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC, not surprisingly.

If you read the report in the Guardian, it seems that Nissan is benefitting from a quirk of the rules regarding tarriffs and batteries, so I am unsure to what extent it is safe to generalise from this.

To qualify for zero export tariffs. 55% of the car's value has to be derived from either UK or EU sources. Currently majority of EV car batteries are imported from China and South Korea. Two British companies (AMTE Power and Britishvolt)  are looking to build Gigafactories in the UK.  Battery cost is going to be a major element of an EV.  This will help support motor manufacturing companies such as Bentley, Jaguar etc. 

That could cause issues for some UK manufacturers. Unlike Germany and Made in Germany, our Made In England/Wales/Scotland/NI/UK label does not mean much. I worked for a company making passport readers, labelled as Made in England. The glass, the plastic case, the camera, the electronics and the cables were made in China. I think the cardboard box it was packed in was made in England. It was designed, assembled and tested in the UK. On a positve note, tariffs might induce them to use UK component suppliers, to avoid tariffs, thereby benefitting the UK. 

Thrugelmir

BananaRepublic said:

Thrugelmir said:

Voyager2002 said:

BananaRepublic said:

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC, not surprisingly.

If you read the report in the Guardian, it seems that Nissan is benefitting from a quirk of the rules regarding tarriffs and batteries, so I am unsure to what extent it is safe to generalise from this.

To qualify for zero export tariffs. 55% of the car's value has to be derived from either UK or EU sources. Currently majority of EV car batteries are imported from China and South Korea. Two British companies (AMTE Power and Britishvolt)  are looking to build Gigafactories in the UK.  Battery cost is going to be a major element of an EV.  This will help support motor manufacturing companies such as Bentley, Jaguar etc. 

 On a positve note, tariffs might induce them to use UK component suppliers, to avoid tariffs, thereby benefitting the UK. 

Certainly lots of discussion going on about how to kickstart the UK economy by means of investment in the post Covid era. 

grumiofoundation

BananaRepublic said:

Thrugelmir said:

Voyager2002 said:

BananaRepublic said:

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC, not surprisingly.

If you read the report in the Guardian, it seems that Nissan is benefitting from a quirk of the rules regarding tarriffs and batteries, so I am unsure to what extent it is safe to generalise from this.

To qualify for zero export tariffs. 55% of the car's value has to be derived from either UK or EU sources. Currently majority of EV car batteries are imported from China and South Korea. Two British companies (AMTE Power and Britishvolt)  are looking to build Gigafactories in the UK.  Battery cost is going to be a major element of an EV.  This will help support motor manufacturing companies such as Bentley, Jaguar etc. 

That could cause issues for some UK manufacturers. Unlike Germany and Made in Germany, our Made In England/Wales/Scotland/NI/UK label does not mean much. I worked for a company making passport readers, labelled as Made in England. The glass, the plastic case, the camera, the electronics and the cables were made in China. I think the cardboard box it was packed in was made in England. It was designed, assembled and tested in the UK. On a positve note, tariffs might induce them to use UK component suppliers, to avoid tariffs, thereby benefitting the UK. 

Or to set up separate EU-based companies to avoid tax, paperwork etc (as are being advised by government trade advisors etc).

https://www.theguardian.com/politics/2021/jan/23/brexit-hit-firms-advised-government-officials-set-up-shop-in-eu

masonic

BananaRepublic said:

Anyway, that was a pointless detour, back on the main road ...

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC (1), not surprisingly. 

(1) I meant to say BBC news web site, a very odd beast. 

Are you sure? https://www.bbc.co.uk/news/business-55757930

Third row, middle article. It was more prominently placed a couple of days ago before yesterday's stories were added.

BananaRepublic

masonic said:

BananaRepublic said:

Anyway, that was a pointless detour, back on the main road ...

The boss of Nissan has said that the Brexit deal is very positive for them:
https://www.ft.com/content/d2489ca9-0327-4a85-88c8-d6e7ca4eca55
This was not reported by the BBC (1), not surprisingly. 

(1) I meant to say BBC news web site, a very odd beast. 

Are you sure? https://www.bbc.co.uk/news/business-55757930

Third row, middle article. It was more prominently placed a couple of days ago before yesterday's stories were added.

I missed that, looked several times too. They regularly have headline Brexit horror stories high up on on the main page, such as recently one person paying more for a coat, positive comments from Nissan should have been on the main page too. The pre Brexit warnings from Nissan were.