Quite Right Too.

[cassa333]

Although we would like to think we will get a good and reasonable deal from the EU for everyone, a no deal is possible so it’s good that the NHS is looking at what will happen if a no deal happens preparing for that eventuality. It is better than sticking ones head in the sand and crying buckets about uncertainty.

All businesses should be doing the same.

https://www.bbc.co.uk/news/uk-politics-44672873

[Gromit]

It is good that all eventualities are covered.
But it looks suspiciously like they are planning for the probability of a ‘no deal’ rather than the pissibility of one.

[Gromit]

Officer Crabtree strikes again. *Possibility

[Canary42]

Businesses are preparing - either going bust or moving out.

[anneasquith]

I'm sorry, a post about brexit and we have pissibility. Lol

[cassa333]

Who’s going bust or moving out because of Brexit then Canary?

[ichkeria]

Lol - having a ‘worst case scenario’ contingency is more or less a must. We have fire drills: that doesn’t mean we go around setting fire to the curtains. It doesn’t make anything more certain. It’s just common sense.
For a fair while it was suspected that the government didn’t have such a plan

[cassa333]

A worst case scenario is still in, In all but name.

That’s the worst case scenario. Perhaps no deal is the next worst (for some at least) but it is by no means worse.

[Old_Geezer]

Not worst case for the nation because, as we know, no deal is better than a bad deal.

[vetuste_ennemi]

I like "pissibility" and see no reason to apologise for it.

Already entered into the VE dictionary of useful neologisms.

[-SharonA-]

Stockpiling medicines that come from EU!! Great scenario.
http://www.dailymail.co.uk/news/article-5905831/The-NHS-preparing-stockpile-medicine-case-no-deal-Brexit.html

[Zacs-Master]

OG, where do you stand on the immediate imposition of tariffs should we ‘just walk away’?
Are you aware tariffs would immediately be payable on imports from Britain.
British food exporters average 14 per cent.
British car exports 10 per cent tariff.
There would also be tariffs on imports (unless we scrapped them for all countries who export to us).
many UK products would no longer be accredited for sale across the EU.
British-based financial firms would lose their passporting rights Immediately and would not be able to fly between airports within the Union.
These are just a few examples.

[Zacs-Master]

‘Airlines’ missing between ‘and’ & ‘from’

[ichkeria]

But we’d have our country back for heavens sake Zacs :-)

[Zacs-Master]

Oh, yeah, sorry I forgot that little gem.

[-SharonA-]

^ yeah we would. At a price. Everything will cost more from the top right down!!

[youngmafbog]

ZM, nice bit of Project fear there.

Of course there will be changes and tarrifs, but we already pay a tarrif - circa 13bn a year. All this does is level the playing field, if you by an imported car you will have to pay the tarrif, not the tax payer. And so on.

As for planning, I would hope all big companies, and some smaller ones, are planning a few scenarios.

[Zacs-Master]

It’s more project ‘stop burying your head in the sand and educate yourself of the FACTS’ YMB.

[vetuste_ennemi]

//There would also be tariffs on imports (unless we scrapped them for all countries who export to us//

Unless. Exactly the point, ZM. The other points you make are the penalties we pay for "No Deal", but removing the tariffs on imports prescribed by the Customs Union is one of the immediate benefits of leaving without a deal.

(Also one of the reasons I voted "out" in the Harold Wilson referendum: these tariffs, which in some cases doubled food prices, hurt both the British consumer and our Commonwealth and EFTA partners who were providing cheap meat, dairy produce and sugar.)

[Zacs-Master]

So we scrap tariffs on imports for ALL countries but pay much higher ones on exports? If I have that right, that would be a complete disaster.

[cassa333]

I would put higher import duty on goods we produce and buy ourselves.

Part of the reasons our production of things went down or went out of wholesale production is because it was cheaper to buy from outside. Even the stakes up a bit and then people can decide which ‘brand’ they want.

Probably an initial price increase but once production from home increases prices should go down... well that’s what I imagine would happen. (Other than the old maxim that whenever a price goes up it doesn’t come down again of course)