So How Does This Fit In With Recent Project Fear Scarmongering?

[youngmafbog]

http://www.dailymail.co.uk/money/news/article-5908255/Tesco-joins-forces-French-supermarket-giant-Carrefour-offer-lower-prices.html

[dannyk13]

A sample of what can be achieved after Brexit.

[ToraToraTora]

I've always thought that business would overcome political dogma in this process and clearly this is the sort of thing that will be happening a lot going forward.

[Ken4155]

Let's face it, though. It hasn't come about as a result of Brexit. It would have probably happened whatever the result of the vote had been.

[dannyk13]

Ken, it flies in the face of what the doom mongers have been predicting re trade with EU countries after Brexit.

[Kromovaracun]

We haven't left yet.

I hope that this arrangement proves sustainable after Brexit. Unfortunately we still don't know what the trading arrangements will be after March 2019, so who knows? Tesco are taking a bit of a gamble here, I hope it works out for them.

[naomi24]

^That's unrealistic. The French company wouldn't enter into such an arrangement if they thought it likely to be detrimental to them.

[GenuineclAss]

Apparently Sainsbury's are trying to buy Asda. Asda is the cheapest of the larger supermarkets, so don't know if this would alter their prices? We shopped in Sainsbury's when we lived in Bedford and the last time I was down there, there was no such thing as an Asda. It's all just competition due to Aldi/Lidl taking custom away from the big boys, anyway.

[andy-hughes]

It proves what everyone knows - trade is trade.

It was before the EU existed, it will be after the EU breaks up - because that is how the world turns.

[Kromovaracun]

//The French company wouldn't enter into such an arrangement if they thought it likely to be detrimental to them.//

If I'm not mistaken Carrefour is a far bigger company so the risks involved are much smaller for them than they are for Tesco anyway.

[naomi24]

Krom, Brexit is happening and it's happening imminently. Therefore common sense dictates that no company would jump in with both feet at the eleventh hour unless they were confident of success. The world really isn't going to end!

[Canary42]

One swallow doesn't make a Summer. Much of the mis-labelled "Project Fear" is already metamorphosing into "Dawning Reality"

[naomi24]

Canary, How so?

[naomi24]

spath, why do you think Tesco is 'horsing around'? Big business isn't in the habit of horsing around.

[KARL]

Perhaps the two know something the rest of us don't or else it is contingent (in writing or not) on how things will work out (contract loopholes to the ready). Perhaps at least one is taking a gamble on successfully navigating the outcome. The one with deeper pockets may hope to get a slice of some advantage that may present itself (just like wheeler dealers do and have done through the ages, from rescue bounty to smuggler's profit). Conversely the one most desperate may be selling out - it would not be the first time an edifice about to collapse was "oversold". Ahead lies uncharted territory with a substantial collection of unquantified obstacles. As it is there is no certainty a map of any kind will be available before the voyage. I do not want to join a sailing where the captain's only guarantee is that "everybody loves us and we were once great - don't worry, be happy, it will all be better than it ever was because we are right and we are in charge of the helm".

[dannyk13]

Spath //No one yet knows of the affects, or negotiations of brexit, not even the prime minister herself//
Tell that to the doom mongers.The point is that Tesco & Carrefour are going to do business in spite of the kerfuffle surrounding Brexit at the moment.

[naomi24]

^Precisely.

[Kromovaracun]

//Therefore common sense dictates that no company would jump in with both feet at the eleventh hour unless they were confident of success. //

Well, yes, there seems to be general confidence at the moment that a soft Brexit is highly likely.

[anneasquith]

" Brexit is imminent " is it really ?
??