Brexit, for once some facts.

[oldgroaner]

Theft from homes unoccupied is burglary, during the war it was looting and the penalty was severe but generally speaking people behaved and helped each other because they were all in it together.
Interestingly it could be said the brits are showing resolve now during this crisis by just carrying on as normal albeit helping to fan the flames at the same time.

And the bandleader said "Time for another round of for those in peril on the sea lads"

 

[Barry Shittpeas]

They were a crazy idea from the outset, created at a time the NHS staffing was crashing due to the recruiting from the Continent slumping and current continental staff leaving, both entirely due to Brexit.

Typical Tory expediency, failed policy plastered upon failed policy in order to try to cover an original mistake, this time that of Brexit.

Don't forget the contracts to supply the equipment and materials needed to make a Nightingale Equipment Warehouse (AKA a Nightingale Hospital). There will be people who have made more money than the average person earns in a lifetime off the back of this. They will now have run off and won't be heard from again.

 

[oyster]

Just heard from a journalist by email about brexit and post. Royal Mail said:

“For items under £135 (with the exception of gifts), VAT will be collected directly when they buy the goods online. For goods with a value over £135 (and gifts over £39), Royal Mail may collect the VAT and customs duties from the customer prior to delivery. These charges are applied on behalf of HM Revenue & Customs.”

Which makes no sense. How can you pay VAT when you buy online if the company hasn't set themselves up to charge UK VAT?

Journalist replied:

"I'm afraid HMRC and other departments are doing zero briefings on this issue - they haven't done all year. It is an extraordinary situation and all the more frustrating for us journalists not to get information on the most basic changes coming in three days time."

I agree - it is extraordinary but all too predictable from those currently in charge.

From another direction, it appears that every single person/company that wishes to send anything to the UK resulting from an online order really will be expected to register with HMRC.

The consequences of that could be huge.

Companies around the world refusing to supply the UK because of the excessive burden. (Nah - we'll not send PPE to the UK, easier not to bother when there are so many other countries to deal with.)

HMRC having a massive increase in registered companies - together with corresponding returns. And little ability to impose regulation on companies that do not cooperate fully.

At least a period of massive delays.

 

[Danidl]

From another direction, it appears that every single person/company that wishes to send anything to the UK resulting from an online order really will be expected to register with HMRC.

The consequences of that could be huge.

Companies around the world refusing to supply the UK because of the excessive burden. (Nah - we'll not send PPE to the UK, easier not to bother when there are so many other countries to deal with.)

HMRC having a massive increase in registered companies - together with corresponding returns. And little ability to impose regulation on companies that do not cooperate fully.

At least a period of massive delays.

Absolutely yes.... Even British distribution networks to NI have stated that there will be surcharges or cessation of service from the Manchester warehousing, and NI will be serviced from their RoI systems. ..at added cost. Basically they are not prepared to set up customs declarations for a market of 1.4 million .

 

[oyster]

Absolutely yes.... Even British distribution networks to NI have stated that there will be surcharges or cessation of service from the Manchester warehousing, and NI will be serviced from their RoI systems. ..at added cost. Basically they are not prepared to set up customs declarations for a market of 1.4 million .

Some years ago, iHerb (in the USA) set up a system which allowed prepayment of VAT. One advantage being that the carrier would then not apply customs clearance charges. Another being you would know exactly what the effective price was. Never worked properly.

(Although I have bought quite a bit from overseas over the years, the aim has never been to avoid VAT. That has, sometimes, just been an appealing but unjustifiable extra advantage.)

Another problem is when items are returned - and the whole process should be rolled back.

 

[Zlatan]

Very interesting speech from Germany.. (Dr Alice Weidel)

Telling it as it is. Don't listen OG.
Think the most interesting aspect is the general support, yes bit of heckling when she has a go at Barnier but overall the floor is very supportive. Doesn't bode well for a united EU.???
Wait til the Greeks strike up..."the Club Med Countries." (her words not mine)

 

[Danidl]

Very interesting speech from Germany.. (Dr Alice Weidel)

Telling it as it is. Don't listen OG.
Think the most interesting aspect is the general support, yes bit of heckling when she has a go at Barnier but overall the floor is very supportive. Doesn't bode well for a united EU.???
Wait til the Greeks strike up..."the Club Med Countries." (her words not mine)

As a item of historical interest it was ok.. this is years old.

 

[Nev]

Yep, cash ain't great but its better than Ryan Air shares at moment. Bet there, s plenty wishing they, d sold (into cash) last March.. Got to sit it out now..

I did not sell up my investments in March and come April/May time I certainly wished I had done but I listened to people like the guys that run the Monevator web site (check it out if you don't know about it) and they were telling everyone to hang on and do not sell up at the bottom.

I was glad I listened to them, all my investments have now more than recovered and my portfolio is currently at an all time high. I suspect if I had sold in March I might have not been smart enough to know when to buy back in again and might still be sitting on cash.

BTW I am not brave or smart enough to buy individual shares, I buy tracking indexes or funds run by people that know a lot more about investing than I do.

 

[Nev]

Zlatan,
I made this post a few weeks ago, you probably didn't see it as I don't think you were monitoring this forum at that time.

"I was watching one of these today, sailing off the coast of my village. I had no idea these things actually existed, the speed it could travel when it was up on the hydro plane was amazing. Was it Zlatan that used to post on this thread that was into wind surfing? I wonder what he would think of something like this."
This is Wing Surfing - YouTube

 

[oldgroaner]

Very interesting speech from Germany.. (Dr Alice Weidel)

Telling it as it is. Don't listen OG.
Think the most interesting aspect is the general support, yes bit of heckling when she has a go at Barnier but overall the floor is very supportive. Doesn't bode well for a united EU.???
Wait til the Greeks strike up..."the Club Med Countries." (her words not mine)

What a surprise they had greedy twats in Germany too, was this supposed to negate the fact that opinion in the EU has hardened against these nutters BECAUSE of Brexit and united the other countries?

 

[oyster]

Food for the paranoia merchants. They knew about Covid-19 in 2018!!



https://www.gov.uk/government/publications/supply-unlicensed-medicinal-products-specials

 

[Zlatan]

I did not sell up my investments in March and come April/May time I certainly wished I had done but I listened to people like the guys that run the Monevator web site (check it out if you don't know about it) and they were telling everyone to hang on and do not sell up at the bottom.

I was glad I listened to them, all my investments have now more than recovered and my portfolio is currently at an all time high. I suspect if I had sold in March I might have not been smart enough to know when to buy back in again and might still be sitting on cash.

BTW I am not brave or smart enough to buy individual shares, I buy tracking indexes or funds run by people that know a lot more about investing than I do.

Yep, I agree with all that.. I spent a few years buying my own, watching and selling... Wasn't worth the heartache... Pretty generally if you can afford to sit things out and not crystalise your losses its best thing to do. I sort of feel if it's not best thing to do, well they are all going to tumble anyway. If you can't cope with value falling now and again you shouldn't be doing it.
I suppose if you have the nerve and know stuff is falling you can sell, wait for drop and reinvest. I actually knew of a broker who ran other folks investments, would do this but buy back same number of shares in customers name and extra ones in his.. (suspect its common practice on managed portfolios)... But he came to grief...
Just leave well alone is best bet.

 

[Zlatan]

What a surprise they had greedy twats in Germany too, was this supposed to negate the fact that opinion in the EU has hardened against these nutters BECAUSE of Brexit and united the other countries?

Not sure what it was supposed to DO. Know less about German politics than ours.. She, s a damned good speaker though and strongly suspect her words will be prophetic,but irrelevant to us now. We ain't propping up Club Med countries anymore.
There is a series of such videos on YouTube, have a look OG...
Don't think her motivation is greed, far from it. Suspect they are worried they may have even less control of EU purse strings, so more will be wasted.

 

[Nev]

Extremely pleased about the Oxford vaccine approval, here are the details.
Covid-19: Oxford-AstraZeneca coronavirus vaccine approved for use in UK - BBC News

 

[Barry Shittpeas]

The approval of the Oxford vaccine is great news. That’s the first bit done.

Now we need a good uptake of the vaccine from the public. What better way to encourage uptake than for all MPs to be first in line with their sleeves rolled up and to then return to normal business in the HoC. That would send out a powerful message and it would be a fine example of leadership.

By doing the above, our leadership would regain some credibility and I think, say 20 000, out of 100 000 000 000 doses available, used would be worth it.

Let’s see what happens. My guess is they will wait and see how phase 2 of the clinical trial, vaccination of a mass population, pans out. They will no doubt be cheering us along from a safe distance.

 

[oldgroaner]

MrYesWeCan
@MrYesWeCan
·Name the band.


Gerald Bell@GOldcodger

Replying to
@MrYesWeCan

Small Faeces

 

[oldgroaner]

Ed Davey MP @EdwardJDavey

https://twitter.com/EdwardJDavey

Johnson’s deal gets worse the more you study it -
@libdems
will vote against it. It’s bad for people’s jobs, with the biggest increase in red tape in British history. And bad for people’s safety, damaging our police’s ability to fight crime. Britain deserves so much better.






Gerald Bell@GOldcodger

Replying to
@EdwardJDavey
and
@LibDems
Do you think if I start a company offering to supply red tape, (for which I am well qualified as I have no idea how I'll do it) he'll perhaps Spaff a few Million pounds in my direction? I'll happily pay some of it back for a peerage

 

[Barry Shittpeas]

MrYesWeCan
@MrYesWeCan
·Name the band.


Gerald Bell@GOldcodger

Replying to
@MrYesWeCan

Small Faeces

Nice one Ged.

 

[Zlatan]

The approval of the Oxford vaccine is great news. That’s the first bit done.

Now we need a good uptake of the vaccine from the public. What better way to encourage uptake than for all MPs to be first in line with their sleeves rolled up and to then return to normal business in the HoC. That would send out a powerful message and it would be a fine example of leadership.

By doing the above, our leadership would regain some credibility and I think, say 20 000, out of 100 000 000 000 doses available, used would be worth it.

Let’s see what happens. My guess is they will wait and see how phase 2 of the clinical trial, vaccination of a mass population, pans out. They will no doubt be cheering us along from a safe distance.

It is great news. They are planning on administering single dose to as many as possible. (at risk, over 55s etc), delaying 2nd to 12 weeks..... Argument being 2nd gives long term protection, first after 18 days (I believe)
Think we already have 100 million doses of this one..?? Suspect they are keeping quiet on numbers of Biontech. Reckon those are already in arms.
Let's hope it works...

 

[Zlatan]

Seems EU doesn't think the deal is such a great one for EU. Rumours are they are going to refuse to endorse it.. One of their number
(quoted from Squid news, which for some odd reason my phone won't copy link of??)
"We will wake up one morning and EU will be gone". Can't disagree with that.