Now it's Honda leaving...

Sponsored Links
motorbiking said:
Nothing to do with Brexit, everything to do with the EU granting Japan free trade without consideration of the economic impact. It’s only UK jobs and we don’t like them, so who cares. Japan’s free trade deal would have happened even if we stayed in.
Click to expand...
Except the EU is able to trade freely with Japan in return...

Something the UK won't be able to do after 11pm 29/03/19 :rolleyes:

And the Japanese have already said that any subsequent deal won't be as good as the EU one...

And why would they offer the UK the same terms...

Trading with 500 million people is much more lucrative than trading with 65 million people (y)
 
ellal said:
Trading with 500 million people is much more lucrative than trading with 65 million people (y)
Click to expand...

To expand your thinking to its logical conclusion:

Trading with the entire planet is much more lucrative than trading with 500 million people.

Your transformation into a Brexiteer is now complete.

Nozzle
 
Last edited:
Sponsored Links
Motman said:
You missed out the Y2K virus when our computers were going to be obsolete, the power stations, telecommunications and hospitals were going to shut down and all the planes were going to drop out of the sky at the stroke of midnight. It was all you heard about for months on the lead up to midnight on 31 December 1999. Funny how they all shut up and disappeared back into the woodwork on January 1st 2000. Still, some people had a good little earner out of it.
Click to expand...

That's a terrible argument to cite. Dealing with Y2K is one of the IT industries successes. The amount of work that was required to give the "damp squib" outcome was phenomenal. The fact most people were hugely underwhelmed that the sky didn't fall in is only due to the work that was put in quietly behind the scenes.

I know what it looks like to those outside of IT but there you go.
 
It may not be about Brexit (or Honda preferred not to enter a potentially political debate) but it certainly doesn't help in the current climate.
And we don't know if Honda would have acted the same if there was not the present uncertainty, or even Brexit.
 
jasonzyx said:
It may not be about Brexit (or Honda preferred not to enter a potentially political debate) but it certainly doesn't help in the current climate.
And we don't know if Honda would have acted the same if there was not the present uncertainty, or even Brexit.
Click to expand...
Agreed - pretty much sums it up really.

Certainly the Swindon plant operates at only about 50% capacity, global sales for cars have slumped, diesel sales are falling, Honda is low down the list in care sales in Europe (no 18th I think).

However added to this is Brexit uncertainty and the recent Japan EU trade deal.
 
Nozzle said:
To expand your thinking to its logical conclusion:

Trading with the entire planet is much more lucrative than trading with 500 million people.
Click to expand...
Apart from the fact that we already trade with the rest of the world...

How many new individual deals will now be required?

Along with the massive duplication of relevant standards/protocols...

Your transformation into a clueless numpty is now complete (y)
 
Motman said:
I must have missed that on the news. Got a link to your information?
Click to expand...

It's a suggested economic cost, not sure how much I should want to rely on it however as Gideon suggested we would be 500k jobs out etc on the day after the vote.

https://www.gov.uk/government/news/...ost-if-it-left-eu-new-treasury-analysis-shows

So we were told before hand that it would have an economic cost; not sure why anyone is surprised by it.

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.
Click to expand...

https://www.theguardian.com/politics/2018/sep/29/britain-bill-brexit-hits-500-million-pounds-a-week



However their source for said report, CER.eu, has a report out on the 27/01/19 that contradicts the £500m p/w figure which is apparently just an opinion Piece from the independent.

Brexit is already costing the UK’s public finances £17bn a year, according to a detailed study released ahead of critical votes in parliament this week.
Click to expand...

https://www.cer.eu/in-the-press/bre...lic-purse-due-decision-quit-eu-research-shows

That's 173 short of 500.

It was the same author of both pieces giving the £500m p/w figure and the £17bn a year figure.


https://www.cer.eu/insights/cost-brexit-june-2018

These are also estimates and not based on fact.

The basic aim of the CER’s cost of Brexit model is simple: to compare the ‘real’ UK to a UK that did not vote to leave the EU. We use data from other advanced economies to create a ‘synthetic’ UK that did not vote to leave the EU. To do this, we use a computer program to select – from a group of 22 advanced economies – those countries whose economic characteristics closely match the UK in the run-up to the Brexit referendum. It then combines them to form a doppelgänger UK. The program continues to chart how the UK doppelgänger did after the referendum – and we can then compare its performance to the real UK data.
Click to expand...
 
You must log in or register to reply here.
Sponsored Links
Back
Top