I believe that there is now a majority against leaving the EU, at least for the monent. Real democracy is for parliament to recognize this, stop the tories causing more permanent damage until they get removed at the next election. Only 6 tory losses at by-elections are needed.
Brexit, for once some facts.
- Thread starter flecc
- Start date
If there was a rerun of the referendum, I wonder how many of the leave promoters would want to repeat their role. I'm betting Boris Johnson would refuse to lead the Brexit campaign or even take part in it. And Michael Gove's sudden change into a placatory stance with the party could mean he'd be much less willing to promote Brexit against party policy now.
And that's all we need to know. If the key Brexit promoters no longer believe in it, we shouldn't go ahead.
.
Boris is a political tart,when Theresa May fails.....not sure whether that failure will be due to man from Hartlepool getting frustrated with lack of Brexit progress or realisation that she has jumped on the wrong horse and the public attitude to Brexit changing or that she is just not up to overcoming all the obstacles......but when she fails Boris will be there to stand for PM and pick the best side,he has already written 2 manifestos so is prepared for pro or anti Brexit,what a tart he is.
KudosDave
KudosDave
I suspect that Mrs May finds herself between a rock (brexit) and a hard place (remain) inside her party. Her only hope of limping to May 2020 is somehow both sides to hope that they get most of what they want with her at the helm. The only way for her to win is for the EU to lose.
Just seen breaking news on the Biased Broadcasting Service that Nissan are going to build Qashqai and a new model at Sunderland. Good news for the economy
They've always built the Qashqai at Sunderland of course, at first they were only built there and not in Japan since it was an all British design which never had any development in Japan. But it's good that the X-trail is going to be built there as well for the first time.
It seems they've been given guarantees by Theresa May that they will suffer no loss through Brexit, which if we leave the EU must mean handing over cash.
.
Last edited:
Yes I think some inducement has been given but am I right in saying that is not something new
This, from the political party which refused to provide any financial assistance to our own car-making industry years ago means the taxpayer will be supporting a Japanese company which threatened to move abroad.
Have I got that right or am I missing anything?
Tom
Yes that's right Gray, they came here first after being offered a substantial inducement to do so. Normally that wouldn't be legal within the EU, but in this case it was since Sunderland was a severely depressed area already subject to EU grants.
It helped that Nissan are effectively owned by EU company Renault. They both say it's a partnership, but the industry isn't fooled.
.
Last edited:
A doubly interesting footnote. The government have now specifically ruled out support for Nissan on tariff costs, should we leave the EU.
Their words indicate we may not leave the EU, note they carefully avoided saying "when we leave".
But Nissan's statements indicate they expect to receive tariff support.
There's undoubtedly government double-speak involved here.
.
Their words indicate we may not leave the EU, note they carefully avoided saying "when we leave".
But Nissan's statements indicate they expect to receive tariff support.
There's undoubtedly government double-speak involved here.
.
Last edited:
Hang on a minute, did the Government NOT give Nissan Assurances? what the heck is going on?
And if Taxpayers Money is going unto Japanese Pockets to keep Nissan here questions need to be asked of May and Co, just why this is allowed and British Steel and our own Auto industries permitted to go to the wall and not supported.
Last edited:
I've just listened to the minister being interviewed on the midday news. He ducked and weaved around every attempt to get an answer on whether they had given tariff costs guarantees. He also carefully worked around whether the tax payer is going to have to bear the costs.
It was clear to me that is exactly what will happen, we the taxpayers could be covering any additional costs of the motor industry in the UK, but they'll never admit to it.
.
I think they will support Nissan until we get a new treaty with the EU.
That could be 5 years or more if we do leave. I think Mrs May's strategy is to negotiate only transitional arrangement so she can get to the general election playing both sides. If she gets to form the next government, she will then negotiate for new EU treaty and FTAs with other countries at the same time. If she gets nowhere with the negotiations, she'll keep to the transitional arrangements.
That could be 5 years or more if we do leave. I think Mrs May's strategy is to negotiate only transitional arrangement so she can get to the general election playing both sides. If she gets to form the next government, she will then negotiate for new EU treaty and FTAs with other countries at the same time. If she gets nowhere with the negotiations, she'll keep to the transitional arrangements.
http://uk.mobile.reuters.com/article/idUKKCN12R1AK
"
Britain has given Nissan (7201.T) a written commitment of extra support in the event that Brexit reduces the competitiveness of its Sunderland plant, in return for new production investments by the Japanese carmaker, a source with knowledge of the matter told Reuters.
In addition to unconditional investment aid, Britain pledged in a letter to offer further relief if the terms of Britain's European Union exit ended up harming the plant's performance, the source said.
"
"
Britain has given Nissan (7201.T) a written commitment of extra support in the event that Brexit reduces the competitiveness of its Sunderland plant, in return for new production investments by the Japanese carmaker, a source with knowledge of the matter told Reuters.
In addition to unconditional investment aid, Britain pledged in a letter to offer further relief if the terms of Britain's European Union exit ended up harming the plant's performance, the source said.
"
Last edited:
One of the Readers comments in the Guardian was interesting
"The tariffs may be upto £400 million pounds per year (500k cars x 20k avg selling price = £10 billion. Assuming 40% of those cars go the EU and there is a 10% import duty (as their is in US cars imported into the EU) and you get £400m. The tax contribution from the car industry in Sunderland to the Uk coffers is only £75 million."
In essence to gain £75 Million we give away £400 M
"The tariffs may be upto £400 million pounds per year (500k cars x 20k avg selling price = £10 billion. Assuming 40% of those cars go the EU and there is a 10% import duty (as their is in US cars imported into the EU) and you get £400m. The tax contribution from the car industry in Sunderland to the Uk coffers is only £75 million."
In essence to gain £75 Million we give away £400 M
but "we"(ms may and co) avoid an embarrassing front page rupture about the damage brexit is doing to the economy, which is, politically, priceless.
The same vagueness that the minister expressed, "extra support", "unconditional investment aid", "further relief", each time the specific form avoided and ducking the word tariff.
No problems at the moment of course, the weak pound is making Nissan et al more competitive in Europe, so no aid needed at present.
.
That Renault holds 43.4% of Nissan capital for example? And the French govt still holds 47% of Renault capital...
Last edited:
And effectively own Nissan and call the shots, since the rest of the capital is so fragmented.
.
Oh the irony! The director of Nissan negotiating a deal to protect the bottom line in case of brexit and... protecting French taxpayers interests ROTFL