Brexit, for once some facts.

Woosh

Trade Member
May 19, 2012
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wooshbikes.co.uk
oh wow, so now you're suggesting goverment policy won't effect my business.
of course government policies affect everyone. At the moment, it is less cost effective to train your own mechanics. But if mechanics become short supplied, then everyone will want to have in-house training.
 

D8ve

Esteemed Pedelecer
Jan 30, 2013
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Bristol
On a happier note Cameroon won the African cup this weekend:)
 
of course government policies affect everyone. At the moment, it is less cost effective to train your own mechanics. But if mechanics become short supplied, then everyone will want to have in-house training.
Mechanics are in short supply... agreed.

But do you really think any bike shop or brand will now employ and train the local yoof who currently can't be arsed to get on an apprenticeship (we've had a few here and the level of applicants is so low its shocking), would suddenly start doing it because we've penalised our UK industry by not allowing them to employ the best because they aren't local... really??

Personally I'd rather employ someone who is good at the job, if I have to pay a bit extra and sort a work permit I'll do that.
 
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oldgroaner

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If anyone entertains even the slightest feeling that the Tory Government has any interest in the fate of the young of this country , ask yourself why they are saying thousands of houses will be needed over the next 22 years to house the Immigrant population?

Does it have to be written in letters that tower over the view like the "HOLLYWOOD" sign on the American Landscape that immigration is actually going to INCREASE?

And why? because it is cheaper to employ already qualified staff you can get from abroad than educate our own offspring who not only would expect better wages and terms of employment, but not be so easy to dispose of as and when employers feel the need.

Can we please get back to a rational debate rather than simply reading from a Brexit biased version of a Christmas list to send to Santa?

And what investor in their right mind will put money into anything other than short term deals that give a quick profit here when you can do that very thing any day of the week in the Far east?

Where for instance will Nissan and Honda sell cars if not to the EU? the original notion from Honda was the USA
Trump has shot that down in short order hasn't he?
 
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oldtom

Esteemed Pedelecer
Doing exactly what? where is the industrial Base that needs them?
And if we modernise that will mean automated factories and even less jobs.
Ah yeah but!.......we could take a leaf out of Nye Bevan's book and send them all down the pits to dig coal and then we wouldn't have to buy it in from Poland and Germany so.......oh, hang on!

.......I think I just found the flaw in that proposition.:oops:

Tom
 

D8ve

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anotherkiwi

Esteemed Pedelecer
Jan 26, 2015
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Oh ye of little faith!
brexit will deliver bigly!
Your wig has slipped... and stop pawing that woman with your tiny hands... :eek:
 

oldtom

Esteemed Pedelecer
I (and apparently others) think that the wake-up call of brexit will make the EU more focused and successful. It will certainly function better without the UK mucking about and doing its best to stop it from functioning correctly (yes I am pointing at you David Cameron...).
I agree that the EU will quickly get over the UK's departure and far from disintegrating, it will move forward happy to be free of our idiot representatives in Brussels.

We already know that they have the banking matters in hand and London will lose large parts of the business it does currently to various centres within the other EU countries. Ultimately, I would expect some centralisation and one can guess at the venues in any short list.

Clearly, it would not be in the forward interests of the EU-1 to allow the UK to quit yet still retain any of the 'nice little earners' as that could upset several of the main players. It stands to reason therefore, that the UK will fairly quickly lose those trades with and on behalf of the 27 remaining EU states. Our entitlement under 'passporting' arrangements has been a lucrative part of our EU membership, I believe, so it's not difficult to see that 'the ball is in the EU court' and there isn't very much the UK can do about that.....but we will have 'taken our country back'!

Tom
 
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Woosh

Trade Member
May 19, 2012
20,378
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Southend on Sea
wooshbikes.co.uk
Clearly, it would not be in the forward interests of the EU-1 to allow the UK to quit yet still retain any of the 'nice little earners' as that could upset several of the main players.
Oldtom, that's the remainers propaganda.
All the big banks have already set up branches in EU countries.
At the moment, back to back transactions make a lot of money to London.
In the future, the EU may restrict that sort of transactions to only EU countries.
It will increase slightly operating costs to UK banks but it won't stop them doing business at all. They can't use some low cost locations that are in UK territories (eg Channel Islands) but that's all.
 

oldgroaner

Esteemed Pedelecer
Nov 15, 2015
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I agree that the EU will quickly get over the UK's departure and far from disintegrating, it will move forward happy to be free of our idiot representatives in Brussels.

We already know that they have the banking matters in hand and London will lose large parts of the business it does currently to various centres within the other EU countries. Ultimately, I would expect some centralisation and one can guess at the venues in any short list.

Clearly, it would not be in the forward interests of the EU-1 to allow the UK to quit yet still retain any of the 'nice little earners' as that could upset several of the main players. It stands to reason therefore, that the UK will fairly quickly lose those trades with and on behalf of the 27 remaining EU states. Our entitlement under 'passporting' arrangements has been a lucrative part of our EU membership, I believe, so it's not difficult to see that 'the ball is in the EU court' and there isn't very much the UK can do about that.....but we will have 'taken our country back'!

Tom
Pretty much in the nature of a "Scrappage" scheme to be followed pretty quickly with "asset stripping" by the usual culprits.
 
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oldgroaner

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Oldtom, that's the remainers propaganda.
All the big banks have already set up branches in EU countries.
At the moment, back to back transactions make a lot of money to London.
In the future, the EU may restrict that sort of transactions to only EU countries.
It will increase slightly operating costs to UK banks but it won't stop them doing business at all. They can't use some low cost locations that are in UK territories (eg Channel Islands) but that's all.
And your version is a pipe dream as the EU have already expressed the wish that all financial dealings are to be within the territories of the EU and be taxed accordingly.
They will not benefit the UK taxpayer, whatever name they trade under, you can be sure of that!
They will "String us along" while it suits them to move the business, then cut that string.
So why are we putting ourselves at their mercy?
From dominant partner to supplicant to please a public that has been misled.
 
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Woosh

Trade Member
May 19, 2012
20,378
16,875
Southend on Sea
wooshbikes.co.uk
And your version is a pipe dream as the EU have already expressed the wish that all financial dealings are to be within the territories of the EU and be taxed accordingly.
The branches remit their profit to the head office.
do you know that for example HSBC operate more than 1,000 different brandings and territories and their profit is sent to London?
 

oldgroaner

Esteemed Pedelecer
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The branches remit their profit to the head office.
do you know that for example HSBC operate more than 1,000 different brandings and territories and their profit is sent to London?
Yes, and I know if they move over into the EU the profits will remain there, they will be required to be EU registered, and Taxes will not be paid over to this country, so your point is?
 
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Woosh

Trade Member
May 19, 2012
20,378
16,875
Southend on Sea
wooshbikes.co.uk
Yes, and I know if they move over into the EU the profits will remain there, they will be required to be EU registered, and Taxes will not be paid over to this country, so your point is?
Ask any accountant you like, from the point of view of the share holders, it does not matter much where the profit is made. The (corporate) profit will be repatriated to London because of tax treaties. The same way GS' or JP Morgan's profit made in London go back to New York.
 

oldgroaner

Esteemed Pedelecer
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Ask any accountant you like, from the point of view of the share holders, it does not matter much where the profit is made. The (corporate) profit will be repatriated to London because of tax treaties. The same way GS' or JP Morgan's profit made in London go back to New York.
Tax treaties are about to change, have you forgotten? That's the whole problem.
The taxes will stay within the EU and for convenience ownership of the businesses will move there and drift away from London, for what reason is there to remain?
The politics of the EU will make sure of that, they have stated that intention already, as they do not want to be tied to a financial centre physically outside the eurozone

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Woosh

Trade Member
May 19, 2012
20,378
16,875
Southend on Sea
wooshbikes.co.uk
The politics of the EU will make sure of that, they have stated that intention already, as they do not want to be tied to a financial centre physically outside the eurozone
OG, believe the propaganda if you like. All multinationals like Google, FB etc know very well how to move profit. The losers in all this are the local governments, never the multis.
The loss in London is quality jobs but that does not affect shareholders.
 

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