So . . . .

[Bavarianbrit]

Thatcher used to say that you cannot buck the markets. True enough. What is rather telling is that the the GBP vs EUR rates would suggest that the rejection of May's deal is going down rather well globally. Leastways the pound strengthened against the Euro throughout the days since the vote. Allied to that is the data Gove shared with the house which shows that investor confidence in the UK has been growing and not shrinking in the 2 years of Brexit debate kerfuffle. I.e. investors see the UK as a good place to do business whether or not in the EU. The UK currently has the greatest inward investment of any European nation.

It is early days. I know there will be pain all round during our adjustment to life outside the EU. The financial services part of the UK will doubtless have a period of significant adjustment. And Euro clearing may go to Frankfurt. [But I note that the top EIGHT financial centres in the world are not in Europe, so it would seem EU membership is not actually a criteria for that sector] I am pretty sure my state pension may have suffered [another] blow. It may become more expensive to travel post Brexit. European consumer durables will become dearer.

I do not know any delusional Brexiteers. And none of them are xenophobes or Empire stentors. Most Brexiteers I have spoken to have weighed the benefits of EU membership and found them seriously wanting. The next steps for the UK outside the EU are, as May said, uncharted waters . I look to them with optimism.

Roro quote page 5 _ As for rightful place in europe, the Germans have been itching for the past 150 years to get in control of europe, they attempted to do so with 2 world wars, millions dead, death camps the lot, they have simply changed tack and are going to dominate europe without the war.
And so on.

 

[zambezi]

Inward investment data (Dept for International Trade)for 17/18 shows investment activity to the UK declining in all sectors...

Please supply data by which you support that statement. Whilst I will always question a politician's assertions [not least Gove], my own cursory review of DTI data supports his upbeat take on FDI increases and does not align with your position.

Excerpt from the DTI:

 

[oowee]

https://assets.publishing.service.g...de_inward_investment_results_2017_to_2018.pdf

 

[enfieldspares]

Thatcher used to say that you cannot buck the markets. True enough. What is rather telling is that the the GBP vs EUR rates would suggest that the rejection of May's deal is going down rather well globally.

But why? That's possibly because the markets believe that Parliament will take back control of the process and that Article 50 might be extended and that there might be no Brexit I'd suggest? If there is OTHO a No Deal we'll see.

 

[oowee]

Theresa May has scrapped the £65 fee millions of EU citizens were going to have to pay to secure the right to continue living in the UK after Brexit.

It came as the prime minister made a statement to MPs on how she plans to get them to back a Brexit deal.

Good news I save £65

 

[zambezi]

https://assets.publishing.service.g...de_inward_investment_results_2017_to_2018.pdf

The DTI and DIT seem to structure their data slightly differently. The DIT has an emphasis on retained jobs and new projects, whilst the DTI appears to quote FDI gross figures. Certainly a transcript of Gove's 90sec speech shows he quoted the DTI's stats (£1,300 billion).

 

[oowee]

I have worked on the data it's all errrrr creative

Telling was the recent visit from Abe (Japan PM) to meet with May to express concern at Brexit. Japanese companies (Automotive) have based the last 20 years of investment on the UK's 'in but out' relationship with the EU. Now we will be out there is much panic and loss of face at senior level. Abe was here to try to reassure the companies that the Government early promises (not made public) will be honoured. Press had Nissan two days later saying there was no problem.

 

[User00025]

I have worked on the data it's all errrrr creative

Telling was the recent visit from Abe (Japan PM) to meet with May to express concern at Brexit. Japanese companies (Automotive) have based the last 20 years of investment on the UK's 'in but out' relationship with the EU. Now we will be out there is much panic and loss of face at senior level. Abe was here to try to reassure the companies that the Government early promises (not made public) will be honoured. Press had Nissan two days later saying there was no problem.

Hang on a minute, you seem to be working on some pretty important Govt stuff and yet you are not even a Btitish subject (post 1245). No wonder we are in trouble and the EU have all the info they use against us. What a conspiracy theory eh!!

 

[finnbear270]

As a commercially endorsed boat skipper, I will explore post brexit waters just the same as usual.

 

[zambezi]

I have worked on the data it's all errrrr creative

The old adage remains true: "there are lies, there are damned lies and then there are statistics". Sadly any given [rich] dataset can be massaged to place emphasis wherever the author desires. But thanks for the candour in this thread.

That said, the UK's relative FDI standings with respect to Europe do look good. Only time will tell how they are influenced by Brexit.

 

[Bavarianbrit]

I have worked on the data it's all errrrr creative

Telling was the recent visit from Abe (Japan PM) to meet with May to express concern at Brexit. Japanese companies (Automotive) have based the last 20 years of investment on the UK's 'in but out' relationship with the EU. Now we will be out there is much panic and loss of face at senior level. Abe was here to try to reassure the companies that the Government early promises (not made public) will be honoured. Press had Nissan two days later saying there was no problem.

Rolls Royce had had an after Brexit action team working full time one year ago, I saw their monitors up with exit plan RR showing.

 

[jimmy milnes]

Rolls Royce had had an after Brexit action team working full time one year ago, I saw their monitors up with exit plan RR showing.

I'd imagine they're same as JLR in that if I recollect right they're getting money from the EU to shift production out of England to Slovakia or somewhere like that.
Good ole EU eh
You probably know more about it than me being in the industry I guess

 

[Bavarianbrit]

Help!! I just asked my partner if she wanted a full english brexit tomorrow. We are all doomed.

 

[Bavarianbrit]

I'd imagine they're same as JLR in that if I recollect right they're getting money from the EU to shift production out of England to Slovakia or somewhere like that.
Good ole EU eh
You probably know more about it than me being in the industry I guess

They opened a new plant in Nitra in Slovakia but they had announced it before the brexit vote happened. The brits work ethic were it seems not satisfying the new Indian owners. I saw CKD range rovers being assembled in Pune India in 2013 so globalisation happens like it or not. BMW are settled in USA, China, South Africa, Mercedes in Argentina, USA, Ford everywhere, etc.

 

[jimmy milnes]

They opened a new plant in Nitra in Slovakia but they had announced it before the brexit vote happened. The brits work ethic were it seems not satisfying the new Indian owners. I saw CKD range rovers being assembled in Pune India in 2013 so globalisation happens like it or not. BMW are settled in USA, China, South Africa, Mercedes in Argentina, USA, Ford everywhere, etc.

OK yeah thought you would probably have better knowledge on it than me as it was a while ago I heard half a tale kind of thing,
but are the EU giving them a large sum of money to do the move ?

 

[Bavarianbrit]

OK yeah thought you would probably have better knowledge on it than me as it was a while ago I heard half a tale kind of thing,
but are the EU giving them a large sum of money to do the move ?

Like maggy thatch gave a wad to DeLorean to set up a car plant in Belfast?????? They never go anywhere without a BJ level of incentives.
Slovakia is proudly stating that it is the largest producing area worldwide now after greater Detroit.
Peugeot / Kia (made in SlovaKIA) / Hyundai / Porsche / Audi / VW / Skoda now comes JLR too.
There are no longer any cheap workers there as they can now play all the companies against each other. Good!!!!!!

 

[jimmy milnes]

Like maggy thatch gave a wad to DeLorean to set up a car plant in Belfast?????? They never go anywhere without a BJ level of incentives.
Slovakia is proudly stating that it is the largest producing area worldwide now after greater Detroit.
Peugeot / Kia (made in SlovaKIA) / Hyundai / Porsche / Audi / VW / Skoda now comes JLR too.
There are no longer any cheap workers there as they can now play all the companies against each other. Good!!!!!!

Kia jeez yeah the fog clears haha

 

[oowee]

Hang on a minute, you seem to be working on some pretty important Govt stuff and yet you are not even a Btitish subject (post 1245). No wonder we are in trouble and the EU have all the info they use against us. What a conspiracy theory eh!!

My wife is from Europe.

 

[User00025]

My wife is from Europe.

From your post one could be forgiven for thinking that a cost of £65 was for yourself.

Immaterial now anyway, your good lady gets a freebie.

 

[Chasey]

Perhaps you could answer some direct questions to explain your position taken in this quote? Your previous reply suggests you do not read all content submitted by other posters. But for those that do, the answers are in the hyperlinks.

Who elected Junker?

How do senior staffers at the EU get appointed to their positions?


The point is that the power in the EU structure has been shifted from the elected structures of national governments and thrust into the hands of bureaucrats. Bureaucrats given the power to rule, not serve. The peoples of Europe have no redress and no recourse to remove them. These are facts.

Who elected Theresa May?

The Conservative MPs of course. Not us

Same system in the EU commission.

About 50% of all UK prime ministers in history were NOT elected in by a general election. (including Churchill)


The power is with the ELECTED Eu Parliament who have oversite over the EU commission just like the house of commons has power over our equivalent of the EU commission, The cabinet

And who elected the members of the cabinet? Not us thats for sure and that the "senior positions" equivalent of the EU

But the EU reformed in 2014 so now Junker represents the first properly democratically elected leader of the EU commission

Junker was ELECTED by a vote of 22 for to 2 against. The UK were against.

Juncker appointment ensures first 'democratically legitimate' EU


All this undemocratic rubbish spouted about the EU pales in comparison with out own government system and the house of Lords

Please stop spouting it, because its just rubbish