Another Brexit cost...

[ellal]

So u are not aware of any corruption in the EU then ? Typical remoaner response don't like the question so put there fingers in there ears

So it seems you are supporting a corrupt institution than ?

Can you read?

Oh sorry, silly question...

And just to think, you are allowed a pencil and a ballot paper - frightening!

 

[Roger928]

silly question...

All your questions are silly.

 

[ellal]

Oh look, another 'cost'!

Linky

It seems that there is a 'fire sale' going on at UK PLC...

"US firms are taking advantage of the cheap pound to snap up some of Britain’s most successful businesses at bargain prices, according to the latest mergers and acquisitions data.
The value of deals involving US companies buying UK businesses more than doubled to £79bn in 2017-18 from £36.8bn in the previous year.
The low value of sterling, which last week slumped to $1.30 in the wake of Theresa May’s post-Salzburg statement, has given American buying power a boost and allowed US firms to outbid rivals."

 

[Notch7]

Oh look, another 'cost'!

On the contrary, it looks like the US considers the UK to be a good economy and strength of UK businesses:

It said: “The confidence that US investors have placed in the UK is indicative of the underlying strength of UK businesses and the openness of its economy.”

It contradicts your argument: why would US businesses invest in the UK, if as according to you, the UK economy will sink like a stone after Brexit -US businesses obviously think otherwise.

 

[ellal]

On the contrary, it looks like the US considers the UK to be a good economy and strength of UK businesses:

It said: “The confidence that US investors have placed in the UK is indicative of the underlying strength of UK businesses and the openness of its economy.”

It contradicts your argument: why would US businesses invest in the UK, if as according to you, the UK economy will sink like a stone after Brexit -US businesses obviously think otherwise.

Absolute rubbish!

They are not 'investing' in the country, they are buying up assets on the cheap which they can do what they wish with depending on the outcome.
(Remember Trump - America first!)

And given corporate tax laws, where do you think a lot of the taxes currently paid by these UK firms are going to end up?
And where will the profits go?

But thanks for pointing out "the openness of its (UK) economy"

Unlike most other western countries, the UK doesn't protect vital/strategic/important assets or companies...
Therefore the circling vultures can pick and choose the best assets and leave the UK with the crumbs!

Of course the biggest prize is in waiting for that 'simple US/UK trade deal'...
Going once...Going twice...Going thee times...Gone!
The biggest and best health service in the world!

PS. You missed out the bit that said "But interest from EU companies in acquisitions in the UK has lessened"
So the biggest trading bloc in the world doesn't seem to have that confidence does it

Edit: Moore Stephens is a London based accounting firm, so as regards their 'confidence in the UK economy' assertion, one could remark - 'well they would say that, wouldn't they!'

 

[Notch7]

They are not 'investing' in the country, they are buying up assets on the cheap

Ah ok, so now you are saying UK companies are worthwhile assets to have -but you always maintain every thing UK is rubbish.....

Oh and this article implies it is the UK making mega deals buying US companies:

Mega deals drive value of UK purchases of foreign firms to 17-year high

The two mega deals, in which UK firms bought US companies, are reflective of how traffic in deals between the US and UK has mostly been flowing one way, said Mr Dowds. “The US has dropped their activity in the UK in the last six months and the UK has upped its activity in the US,” he said.

US deal-makers are waiting to see the impact of new US tax laws and holding back until there is a greater clarity on the terms of the UK’s future relationship with the EU. This comes as UK firms are also looking to insulate themselves against any potential Brexit headwinds by securing footholds in the US and the EU.


UK companies are also motivated by strong GDP growth and economic confidence in the US and EU, according to Mr Dowds.

Adrian Browne of EY said that US tax reforms "could trigger some mega deals" but that the most significant trend in 2018 will be companies buying up technology or digitally-focused firms that offer a way to tackle rising costs.

https://www.telegraph.co.uk/busines...alue-uk-purchases-foreign-firms-17-year-high/

 

[ellal]

Oops...

Another cost!

Linky

"Brexit is already costing the public purse £500m a week, new research has found – a stark contrast to the £350m “dividend” promised by the Leave campaign....

It shows that the UK economy is already 2.5% smaller than it would have been had Remain won the referendum. Public finances have been dented by £26bn a year, more than half of the defence budget. This translates to a penalty of £500m a week, a figure that is growing."

And we haven't even left yet, and there are no deals on the horizon...

Brexit - the gift that keeps on giving!

 

[JohnD]

Somebody should write that on a red bus.

 

[Notch7]

new research has found

Its from the centre for European reform.

A Left wing pro EU think tank.

UK gdp is still growing, the rate has slowed due to uncertainty. Hardly new research

 

[The Baker]

Imposed by our own lot to take advantage of leaving!

Passport rules changed on monday...

There is now no carry over period (it was up to 9 months) to a new passport.
But those travelling to the EU/EEA from a non EU/EEA country require at least 6 months still valid on their passport.

Which means on renewal if travelling there, you will effectively only get a 9 and a half year passport at most.

Not a great amount individually, but quite a sum across the country.

Expect more convenient 'wheezes' to come.
Because that's the beauty of secondary legislation - no debate, no scrutiny!

Sorry to come in so later on this one.

Have you contacted your MP to let him/her of you disappointment.

Tim

 

[JohnD]

this article

That's from a far-right anti-EU propaganda sheet

 

[ellal]

Better not expect the latest medicine either...

Linky

"UK patients have been cut from an international clinical trial to test a new heart attack drug because of uncertainties about registering new medicines after Brexit.

The drug, dutogliptin, is being tested to see if it can help regenerate cardiac muscle after a heart attack and patients in Exeter, Leeds and Clydebank in Scotland were due to take part.

However Recardio, the US-based company developing the drug, has shelved the UK arm of the trial over fears that data in Britain will no longer be acceptable to the European Medicines Agency (EMA) – which licenses drugs for EU use – after Britain quits the bloc.

 

[Notch7]

That's from a far-right anti-EU propaganda sheet

It says the research came from the centre for european reform.

It is pro EU

It is not far right at all

 

[transam]

Better not expect the latest medicine either...

Linky

"UK patients have been cut from an international clinical trial to test a new heart attack drug because of uncertainties about registering new medicines after Brexit.

The drug, dutogliptin, is being tested to see if it can help regenerate cardiac muscle after a heart attack and patients in Exeter, Leeds and Clydebank in Scotland were due to take part.

However Recardio, the US-based company developing the drug, has shelved the UK arm of the trial over fears that data in Britain will no longer be acceptable to the European Medicines Agency (EMA) – which licenses drugs for EU use – after Britain quits the bloc.

Funny u should say that ?

My neighbour Slippery (not his real name) told me that we may all get issued with food ration books the same type of thing that happened in the war , over this Brexit caper dunno were he heard it but there u go

Probably food coupons ???

 

[JohnD]

this article

Notch's link is to the strongly anti-EU, Right-Wing, Daily Torygraph

Enough said.

https://www.telegraph.co.uk/busines...alue-uk-purchases-foreign-firms-17-year-high/