bristolman Posted March 16, 2017 Share Posted March 16, 2017 http://www.bbc.co.uk/news/business-39289269 Yet more good news for the UK economy and car manufacturing in particular. Far from all pulling out and relocating we are seeing more investment and commitment to the UK. Quote Link to comment Share on other sites More sharing options...
bunbury61 Posted March 16, 2017 Share Posted March 16, 2017 http://www.bbc.co.uk/news/business-39289269 Yet more good news for the UK economy and car manufacturing in particular. Far from all pulling out and relocating we are seeing more investment and commitment to the UK. Which begs the question , if Britain is to go down the toilet ,after brexit , why is a Japanese car maker investing a qtr of a billion pounds ,in its car manufacturing ? Just a thought . Quote Link to comment Share on other sites More sharing options...
bunbury61 Posted March 16, 2017 Share Posted March 16, 2017 Which begs the question , if Britain is to go down the toilet ,after brexit , why is a Japanese car maker investing a qtr of a billion pounds ,in its car manufacturing ?Just a thought . Ultimately a deal will be done with the e.u . Do you think German business wants to potentially lose 15 billion euros a year . After all the e.u is all about a greater Germany ...run and controlled by Germany . Quote Link to comment Share on other sites More sharing options...
bristolman Posted March 16, 2017 Author Share Posted March 16, 2017 Which begs the question , if Britain is to go down the toilet ,after brexit , why is a Japanese car maker investing a qtr of a billion pounds ,in its car manufacturing ?Just a thought . Don't worry about any of that, we are doomed...doomed. Quote Link to comment Share on other sites More sharing options...
newjez Posted March 16, 2017 Share Posted March 16, 2017 Which begs the question , if Britain is to go down the toilet ,after brexit , why is a Japanese car maker investing a qtr of a billion pounds ,in its car manufacturing ?Just a thought . exactly, why would they? Why now? Possibly to put more pressure on the government? Without costing themselves a cent? Quote Link to comment Share on other sites More sharing options...
bunbury61 Posted March 16, 2017 Share Posted March 16, 2017 exactly, why would they? Why now? Possibly to put more pressure on the government? Without costing themselves a cent? That much money ?..I don't think so Quote Link to comment Share on other sites More sharing options...
Collie Posted March 16, 2017 Share Posted March 16, 2017 AIG also annoumced that they will be moving their European regional office from London to Luxembourg. Quote Link to comment Share on other sites More sharing options...
VERYSTORMY Posted March 16, 2017 Share Posted March 16, 2017 AIG also annoumced that they will be moving their European regional office from London to Luxembourg. Not true https://www.nytimes.com/2017/03/08/business/dealbook/aig-luxembourg-brexit.html?_r=0 Quote Link to comment Share on other sites More sharing options...
amibovered Posted March 16, 2017 Share Posted March 16, 2017 http://www.bbc.co.uk/news/business-39289269 Yet more good news for the UK economy and car manufacturing in particular. Far from all pulling out and relocating we are seeing more investment and commitment to the UK. But didn't the "experts" tell us the car industry would be finished? Quote Link to comment Share on other sites More sharing options...
amibovered Posted March 16, 2017 Share Posted March 16, 2017 AIG also annoumced that they will be moving their European regional office from London to Luxembourg. scaremongering Quote Link to comment Share on other sites More sharing options...
Perthbum Posted March 16, 2017 Share Posted March 16, 2017 AIG also annoumced that they will be moving their European regional office from London to Luxembourg. Wrong,they are just opening another branch Quote Link to comment Share on other sites More sharing options...
bunbury61 Posted March 16, 2017 Share Posted March 16, 2017 AIG also annoumced that they will be moving their European regional office from London to Luxembourg. The bottom line is , there will be swings and roundabouts , winners and losers . When the dust settles , will a deal be done , I think so . 28 countries , only 2 net contributor's, and 1 is leaving . Will Britain survive ,don't bet against it . Even better odds , will England survive on its own ...absolutely . Everyone I know has plenty of work , and I expect that to continue . Quote Link to comment Share on other sites More sharing options...
BacktoDemocracy Posted March 16, 2017 Share Posted March 16, 2017 Not truehttps://www.nytimes.com/2017/03/08/business/dealbook/aig-luxembourg-brexit.html?_r=0 Looks remarkably like an insurance policy decision and carefully thought out, choosing Luxembourg is not simply opening another office. Quote Link to comment Share on other sites More sharing options...
BacktoDemocracy Posted March 16, 2017 Share Posted March 16, 2017 scaremongering What will be considered a real scare. Quote Link to comment Share on other sites More sharing options...
Perthbum Posted March 16, 2017 Share Posted March 16, 2017 Looks remarkably like an insurance policy decision and carefully thought out, choosing Luxembourg is not simply opening another office.They have their office in London, why would they want another one in London, they would have opened another one in europe brexit or not...none story Quote Link to comment Share on other sites More sharing options...
newjez Posted March 16, 2017 Share Posted March 16, 2017 That much money ?..I don't think so from the BBC. However, he warned: "Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success." Maybe you should think a bit more. Quote Link to comment Share on other sites More sharing options...
amibovered Posted March 17, 2017 Share Posted March 17, 2017 What will be considered a real scare. Any number of things, but they'd have to be true. Quote Link to comment Share on other sites More sharing options...
amibovered Posted March 17, 2017 Share Posted March 17, 2017 (edited) from the BBC. However, he warned: "Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success." Maybe you should think a bit more. What would you expect him to have said? look at what he did, not what he said. Edited March 17, 2017 by amibovered Quote Link to comment Share on other sites More sharing options...
bunbury61 Posted March 17, 2017 Share Posted March 17, 2017 from the BBC. However, he warned: "Continued tariff-and-barrier free market access between the UK and Europe that is predictable and uncomplicated will be vital for future success." Maybe you should think a bit more. Maybe you should stop flapping ....on and on and on ....just get on with it . Whatever will be , will be . We have vote brexit ....the end . If some companies leave ...some will step in . In fact we could do with a few leaving , mist of them don't pay any tax in the u.k ,anyway . The e.u is a bad idea , best off out of it . Quote Link to comment Share on other sites More sharing options...
bunbury61 Posted March 17, 2017 Share Posted March 17, 2017 What will be considered a real scare.Absolutely NOTHING .Moat of the working people here ,have got **** all anyway , even less under the e.u .More zero hours contracts , more minimum wage jobs , no rights .Where was all that before the e.u took ever increasing control ,and opened the borders . Quote Link to comment Share on other sites More sharing options...
Collie Posted March 17, 2017 Share Posted March 17, 2017 They have their office in London, why would they want another one in London, they would have opened another one in europe brexit or not...none story No, they are opening a branch in Luxembourg to write the European business which is currently being written in London. London will remain to write the UK business and Luxembourg the European business. The press release may have been carefully worded for political reasons to make it ambiguous. Read between the lines, this will mean roles moving and future roles being created in Luxembourg. Anybody who can't see that is very naive and doesn't operate in the real world. Read some media that is not from the pro brexit UK papers.The Central bank in Ireland has received firm enquiries from >80 financial institutions in London about regulation in Ireland and moving functions there. I'm sure it's the same in Frankfurt, Paris, Luxembourg. IMO, Britain (well maybe England & Wales when the shakeout happens) will survive but probably not thrive. I think you will see a gradual decline in living standards and continued weakening of the GBP. It will not be straight away but over time. You won't be getting $3AUD to the GBP again anytime soon. Quote Link to comment Share on other sites More sharing options...
amibovered Posted March 17, 2017 Share Posted March 17, 2017 No, they are opening a branch in Luxembourg to write the European business which is currently being written in London. London will remain to write the UK business and Luxembourg the European business. The press release may have been carefully worded for political reasons to make it ambiguous. Read between the lines, this will mean roles moving and future roles being created in Luxembourg. Anybody who can't see that is very naive and doesn't operate in the real world. Read some media that is not from the pro brexit UK papers.The Central bank in Ireland has received firm enquiries from >80 financial institutions in London about regulation in Ireland and moving functions there. I'm sure it's the same in Frankfurt, Paris, Luxembourg. IMO, Britain (well maybe England & Wales when the shakeout happens) will survive but probably not thrive. I think you will see a gradual decline in living standards and continued weakening of the GBP. It will not be straight away but over time. You won't be getting $3AUD to the GBP again anytime soon. an opinion based on what? nothing but wishful thinking, we have no idea what kind of arrangement the UK will come to with the EU, so any predictions at the moment can only be based on personal prejudice. Quote Link to comment Share on other sites More sharing options...
newjez Posted March 17, 2017 Share Posted March 17, 2017 Maybe you should stop flapping ....on and on and on ....just get on with it .Whatever will be , will be . We have vote brexit ....the end . If some companies leave ...some will step in . In fact we could do with a few leaving , mist of them don't pay any tax in the u.k ,anyway . The e.u is a bad idea , best off out of it . that's your reasoned response? Pfffffffffffff! Quote Link to comment Share on other sites More sharing options...
newjez Posted March 17, 2017 Share Posted March 17, 2017 What would you expect him to have said?look at what he did, not what he said. they are putting pressure on to influence the government. If they are successful, they can continue with their expansion plans. If they are not, they have an excuse to withdraw. All they are doing a showing the government what the stakes are. The colour of their money. They are buying a brexit decision in their favour, as have Nissan, and I expect Honda will follow suit. Quote Link to comment Share on other sites More sharing options...
newjez Posted March 17, 2017 Share Posted March 17, 2017 Absolutely NOTHING .Moat of the working people here ,have got **** all anyway , even less under the e.u .More zero hours contracts , more minimum wage jobs , no rights .Where was all that before the e.u took ever increasing control ,and opened the borders . what are you going to blame all the problems on after we leave the EU? Quote Link to comment Share on other sites More sharing options...
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