Historic moment: EU Referendum
#121
Re: Historic moment: EU Referendum
Nothing to do with any papers, simply my personal opinion.
If there's anything in there you disagree with, please feel free to explain.
If there's anything in there you disagree with, please feel free to explain.
#122
Re: Historic moment: EU Referendum
But no more referendums (pl referenda?) I reckon on this.
Jon
#123
Re: Historic moment: EU Referendum
You might enjoy this news snippet from the Politico website:
BREXIT HAPPY HOUR: Playbook hears that rather than rush out of London, some companies are instead rushing out of Brussels because of Brexit. According to our well-placed industry source, Diageo, the U.K.-headquartered liquor conglomerate, is shifting its global trade team out of Brussels to ensure its interests are represented as Britain seeks new trade deals around the world thanks to Brexit. Our source wants to reassure Brussels by reminding everyone that the Eurostar will keep working once Article 50 is triggered.
Jon
BREXIT HAPPY HOUR: Playbook hears that rather than rush out of London, some companies are instead rushing out of Brussels because of Brexit. According to our well-placed industry source, Diageo, the U.K.-headquartered liquor conglomerate, is shifting its global trade team out of Brussels to ensure its interests are represented as Britain seeks new trade deals around the world thanks to Brexit. Our source wants to reassure Brussels by reminding everyone that the Eurostar will keep working once Article 50 is triggered.
Jon
#124
Forum Regular
Joined: Aug 2014
Location: Kent
Posts: 126
Re: Historic moment: EU Referendum
You might enjoy this news snippet from the Politico website:
BREXIT HAPPY HOUR: Playbook hears that rather than rush out of London, some companies are instead rushing out of Brussels because of Brexit. According to our well-placed industry source, Diageo, the U.K.-headquartered liquor conglomerate, is shifting its global trade team out of Brussels to ensure its interests are represented as Britain seeks new trade deals around the world thanks to Brexit. Our source wants to reassure Brussels by reminding everyone that the Eurostar will keep working once Article 50 is triggered.
Jon
BREXIT HAPPY HOUR: Playbook hears that rather than rush out of London, some companies are instead rushing out of Brussels because of Brexit. According to our well-placed industry source, Diageo, the U.K.-headquartered liquor conglomerate, is shifting its global trade team out of Brussels to ensure its interests are represented as Britain seeks new trade deals around the world thanks to Brexit. Our source wants to reassure Brussels by reminding everyone that the Eurostar will keep working once Article 50 is triggered.
Jon
#125
BE Enthusiast
Joined: Aug 2009
Location: now just seville ( province)
Posts: 550
Re: Historic moment: EU Referendum
If it is a UK headquartered conglomerate, why were they in Brussels in the first place?
#126
BE Enthusiast
Joined: Oct 2004
Location: Shenfield, Essex
Posts: 615
Re: Historic moment: EU Referendum
You might enjoy this news snippet from the Politico website:
BREXIT HAPPY HOUR: Playbook hears that rather than rush out of London, some companies are instead rushing out of Brussels because of Brexit. According to our well-placed industry source, Diageo, the U.K.-headquartered liquor conglomerate, is shifting its global trade team out of Brussels to ensure its interests are represented as Britain seeks new trade deals around the world thanks to Brexit. Our source wants to reassure Brussels by reminding everyone that the Eurostar will keep working once Article 50 is triggered.
Jon
BREXIT HAPPY HOUR: Playbook hears that rather than rush out of London, some companies are instead rushing out of Brussels because of Brexit. According to our well-placed industry source, Diageo, the U.K.-headquartered liquor conglomerate, is shifting its global trade team out of Brussels to ensure its interests are represented as Britain seeks new trade deals around the world thanks to Brexit. Our source wants to reassure Brussels by reminding everyone that the Eurostar will keep working once Article 50 is triggered.
Jon
#128
Re: Historic moment: EU Referendum
Also as it says in my quote, shifting its global trade team out of Brussels to ensure its interests are represented as Britain seeks new trade deals around the world thanks to Brexit
I still think there needs to be a European presence, but I am sure Diageo knows that best and will take appropriate action.
Jon
#129
Lost in BE Cyberspace
Joined: Nov 2012
Location: bute
Posts: 9,740
Re: Historic moment: EU Referendum
Is it time to invite our American cousins back into the Empire ? Should we send emissaries ti Delhi to negotiate terms for entering the Empire On Which The Sun Shall Never Set ?
#130
BE Enthusiast
Joined: Mar 2012
Posts: 487
Re: Historic moment: EU Referendum
I'm sure this is meant to be ironic but somehow doesn't quite get there. Currently there are a number of countries in the UK negotiating trade agreements ( including some from the EU but don't tell Juncker!) - it appears there is no need to go anywhere, they are coming to us.
#131
Forum Regular
Joined: Jul 2011
Posts: 86
Re: Historic moment: EU Referendum
I dont think it is anything to celebrate that Diageo want to trade from UK, the reason is clear, Less than 10% of Diageo’s revenues come from the UK market, so a weaker pound benefits its top line profits. The lower value of sterling means that Diageo’s debt will be comparatively cheaper to service as most of it is denominated in sterling.
This devaluation effect will also benefit other scotch producers such as Wm Grant, which also exports the lion’s share of its production.
This devaluation effect will also benefit other scotch producers such as Wm Grant, which also exports the lion’s share of its production.
#132
Banned
Joined: Feb 2011
Location: Mallorca
Posts: 19,367
Re: Historic moment: EU Referendum
I'm sure this is meant to be ironic but somehow doesn't quite get there. Currently there are a number of countries in the UK negotiating trade agreements ( including some from the EU but don't tell Juncker!) - it appears there is no need to go anywhere, they are coming to us.
But Britain alone is a significantly smaller and less interesting market than it would otherwise be as the gateway to the world's largest economy. AND it's highly dependent on imports, and has comparatively few exports, so the other party is in the best negotiating position.
Britain's future as an island nation is clear. Smaller economy, smaller global footprint. As even the new government has eluded to, there's simply a new economic reality. There will be adjustments.
#133
Re: Historic moment: EU Referendum
You might enjoy this news snippet from the Politico website:
BREXIT HAPPY HOUR: Playbook hears that rather than rush out of London, some companies are instead rushing out of Brussels because of Brexit. According to our well-placed industry source, Diageo, the U.K.-headquartered liquor conglomerate, is shifting its global trade team out of Brussels to ensure its interests are represented as Britain seeks new trade deals around the world thanks to Brexit. Our source wants to reassure Brussels by reminding everyone that the Eurostar will keep working once Article 50 is triggered.
Jon
BREXIT HAPPY HOUR: Playbook hears that rather than rush out of London, some companies are instead rushing out of Brussels because of Brexit. According to our well-placed industry source, Diageo, the U.K.-headquartered liquor conglomerate, is shifting its global trade team out of Brussels to ensure its interests are represented as Britain seeks new trade deals around the world thanks to Brexit. Our source wants to reassure Brussels by reminding everyone that the Eurostar will keep working once Article 50 is triggered.
Jon
Should the sad strife torn situation continue in France, Belgium and Germany as well it might, I would expect an even greater trend towards the UK.
#134
Forum Regular
Joined: Jul 2011
Posts: 86
Re: Historic moment: EU Referendum
More and more companies are expressing their allegiance to the UK almost every day, in total contrast to what was predicted before the referendum.
Should the sad strife torn situation continue in France, Belgium and Germany as well it might, I would expect an even greater trend towards the UK.
Should the sad strife torn situation continue in France, Belgium and Germany as well it might, I would expect an even greater trend towards the UK.
#135
Re: Historic moment: EU Referendum
But here's one, with diageo already, take a look at the headlines
https://www.google.be/search?q=gsk+b...C4yFgAa6opSgAg
Jon