Technology2 mins ago
Brexit Breakages
Another Brexit breakage for the Deniers to smugly deny.
https:/ /uk.yah oo.com/ finance /news/p ound-sl ides-as -uk-man ufactur ing-hit s-sixye ar-low- brexit- 0859145 14.html
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Yes, the lyrics are very apt - the last line is what all remoaners hope for, 'and who knows, maybe...'.
Yes, the lyrics are very apt - the last line is what all remoaners hope for, 'and who knows, maybe...'.
Meanwhile back in the real World.
A new 40-page report has been written by City banking specialist Bob Lyddon, and published by the economic think tank Global Britain. The unpalatable truth that Remainers don’t want to acknowledge – and which you’ll never hear on the BBC or broadcast news channels – is that huge financial liabilities associated with EU membership cannot be avoided without a quick, clean Brexit. It says this....
"" Huge financial liabilities associated with EU membership cannot be avoided without a quick, clean Brexit. A maximum possible liability of €207 billion could be escalated to €441 billion – or even more, if our exit is drawn out into the period of the next EU Multiannual Financial Framework.
The liability would be triggered if there was a renewed Eurozone crisis – which could come at any time and would require a “re-set” or sharing of the costs, via the large and solvent EU member-states borrowing in the named of indedebted states and institutions and paying off their debts.
Not being a member of the Euro currency area is not enough for the United Kingdom to avoid contributing towards the rescue costs even though we will have had no responsibility for any economic decisions. The UK needs to both leave and sever its contractual connections with the EU in order not to be caught up in this “re-set”.""
Does that make the £39billion that the moaniacs keep squeaking about seem a small price to pay or does it not?
It may be worth reflecting at this point that, just a few days ago Ford announced that is was to close a plant in South Wales. Told ya so squealed the moaniacs. Dats bwexit for ya. They announced just a day or so ago that they were to also close plants in Germany(a really big one), and France. Did the Beep Beep See "report" this? Of course not, or the reasons that Ford gave.....that being EUSSR glowbull warming legislation and the suicidal decisions to demonise the internal combustion engine changing the trading patterns overnight.
BTW.....Jaguar has just announced that it is to site it's new plant for making all electrickery cars in......you're ahead of me now aren't you...…..tada Great Britain.
A new 40-page report has been written by City banking specialist Bob Lyddon, and published by the economic think tank Global Britain. The unpalatable truth that Remainers don’t want to acknowledge – and which you’ll never hear on the BBC or broadcast news channels – is that huge financial liabilities associated with EU membership cannot be avoided without a quick, clean Brexit. It says this....
"" Huge financial liabilities associated with EU membership cannot be avoided without a quick, clean Brexit. A maximum possible liability of €207 billion could be escalated to €441 billion – or even more, if our exit is drawn out into the period of the next EU Multiannual Financial Framework.
The liability would be triggered if there was a renewed Eurozone crisis – which could come at any time and would require a “re-set” or sharing of the costs, via the large and solvent EU member-states borrowing in the named of indedebted states and institutions and paying off their debts.
Not being a member of the Euro currency area is not enough for the United Kingdom to avoid contributing towards the rescue costs even though we will have had no responsibility for any economic decisions. The UK needs to both leave and sever its contractual connections with the EU in order not to be caught up in this “re-set”.""
Does that make the £39billion that the moaniacs keep squeaking about seem a small price to pay or does it not?
It may be worth reflecting at this point that, just a few days ago Ford announced that is was to close a plant in South Wales. Told ya so squealed the moaniacs. Dats bwexit for ya. They announced just a day or so ago that they were to also close plants in Germany(a really big one), and France. Did the Beep Beep See "report" this? Of course not, or the reasons that Ford gave.....that being EUSSR glowbull warming legislation and the suicidal decisions to demonise the internal combustion engine changing the trading patterns overnight.
BTW.....Jaguar has just announced that it is to site it's new plant for making all electrickery cars in......you're ahead of me now aren't you...…..tada Great Britain.
What The EUSSR actually means to British Industry and businesses.
Cadbury moved to Poland 2011 with EU grant.
Ford Transit moved to Turkey 2013 with EU grant.
Jaguar Land Rover agreed to build a new plant in Slovakia with EU grant.
Peugeot closed its Ryton (was Rootes Group) plant and moved production to Slovakia with EU grant.
British Army's new Ajax fighting vehicles to be built in Spain using Swedish steel, at the request of the EUSSR, rather than in Wales.
Dyson gone to Malaysia, with an EU loan.
Crown Closures, Bournemouth, gone to Poland with EU grant, once employed 1,200.(Used to be Metal Box)
M&S manufacturing gone to far east with EU loan.
Hornby models gone. In fact all toys and models now gone from UK along with the patents all with with EU grants.
Gillette gone to eastern Europe with EU grant.
Texas Instruments Greenock gone to Germany with EU grant.
Indesit at Bodelwyddan Wales gone with EU grant.
Sekisui Alveo said production at its Merthyr Tydfil Industrial Park foam plant will relocate production to Roermond in the Netherlands, with EU funding.
Twinings Tea. They moved part of their plant from the UK to Poland with an EU grant.
Hoover Merthyr factory moved out of UK to Czech Republic and the Far East by Italian company Candy with EU backing.
ICI integration into Holland’s AkzoNobel with EU bank loan and within days of the merger, several factories in the UK, were closed, eliminating 3,500 jobs.
Boots sold to Italians Stefano Pessina who have based their HQ in Switzerland to avoid tax to the tune of £80 million a year, using an EU loan for the purchase.
Get the picture yet?
Cadbury moved to Poland 2011 with EU grant.
Ford Transit moved to Turkey 2013 with EU grant.
Jaguar Land Rover agreed to build a new plant in Slovakia with EU grant.
Peugeot closed its Ryton (was Rootes Group) plant and moved production to Slovakia with EU grant.
British Army's new Ajax fighting vehicles to be built in Spain using Swedish steel, at the request of the EUSSR, rather than in Wales.
Dyson gone to Malaysia, with an EU loan.
Crown Closures, Bournemouth, gone to Poland with EU grant, once employed 1,200.(Used to be Metal Box)
M&S manufacturing gone to far east with EU loan.
Hornby models gone. In fact all toys and models now gone from UK along with the patents all with with EU grants.
Gillette gone to eastern Europe with EU grant.
Texas Instruments Greenock gone to Germany with EU grant.
Indesit at Bodelwyddan Wales gone with EU grant.
Sekisui Alveo said production at its Merthyr Tydfil Industrial Park foam plant will relocate production to Roermond in the Netherlands, with EU funding.
Twinings Tea. They moved part of their plant from the UK to Poland with an EU grant.
Hoover Merthyr factory moved out of UK to Czech Republic and the Far East by Italian company Candy with EU backing.
ICI integration into Holland’s AkzoNobel with EU bank loan and within days of the merger, several factories in the UK, were closed, eliminating 3,500 jobs.
Boots sold to Italians Stefano Pessina who have based their HQ in Switzerland to avoid tax to the tune of £80 million a year, using an EU loan for the purchase.
Get the picture yet?
Maybe Canary got sent down the remainers mine first and succumbed to the noxious fumes of project fear?
In any case from the article this... Brexit uncertainty and global trade tensions appear to be damaging industry, while firms have also stopped stockpiling for a no-deal Brexit that never came in March... if you have a look at words 1 and 2, that means because we don’t know what we need to do, which is different from the wrong thing is bad. It doesn’t say that x will happen, or y will happen because UNCERTAINTY just means you can’t plan. If you then look at words 4, 5 and 6 does not conflate ‘global trade tensions’ as a direct result of Brexit.
In any case from the article this... Brexit uncertainty and global trade tensions appear to be damaging industry, while firms have also stopped stockpiling for a no-deal Brexit that never came in March... if you have a look at words 1 and 2, that means because we don’t know what we need to do, which is different from the wrong thing is bad. It doesn’t say that x will happen, or y will happen because UNCERTAINTY just means you can’t plan. If you then look at words 4, 5 and 6 does not conflate ‘global trade tensions’ as a direct result of Brexit.
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