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Post EU Referendum

Post EU Referendum

Old Jul 12th 2017, 5:08 pm
  #19621  
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Default Re: Post EU Referendum

Originally Posted by EMR View Post
There are a number of articles on reuters, telegraph , local Bristol papers last month expressing concern that UK production facilities within Airbus will be negatively affected by a hard brexit.
New projects in particular could be located outside of the UK.
The Chinese are rapidly building their own domestic aerospace industry to compete with Airbus and Boeing.
Maybe British engineers could move from Bristol and Broughton to China.
Or maybe the Chinese could take on the production facilities that Airbus are planning on abandoning?
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Old Jul 12th 2017, 5:19 pm
  #19622  
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Default Re: Post EU Referendum

Originally Posted by Golden Years View Post
Or maybe the Chinese could take on the production facilities that Airbus are planning on abandoning?
More Chinese investment and taking over strategic industries like nuclear power.
Given the desperation of our Brexit government you could be right.
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Old Jul 12th 2017, 5:30 pm
  #19623  
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Default Re: Post EU Referendum

Originally Posted by EMR View Post
More Chinese investment and taking over strategic industries like nuclear power.
Given the desperation of our Brexit government you could be right.
A foreign country taking over the UK investment of another foreign country? Meh!
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Old Jul 12th 2017, 5:35 pm
  #19624  
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Default Re: Post EU Referendum

Originally Posted by Golden Years View Post
A foreign country taking over the UK investment of another foreign country? Meh!
If they Don,t, and the UK government ends up being responsible for the loss of thousands of highly skilled jobs will you be quite so happy.
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Old Jul 12th 2017, 5:38 pm
  #19625  
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Default Re: Post EU Referendum

Originally Posted by EMR View Post
If they Don,t, and the UK government ends up being responsible for the loss of thousands of highly skilled jobs will you be quite so happy.
If Airbus continue to maintain their facilities in the UK after Brexit will you be disappointed?
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Old Jul 12th 2017, 5:46 pm
  #19626  
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Default Re: Post EU Referendum

Originally Posted by Golden Years View Post
If Airbus continue to maintain their facilities in the UK after Brexit will you be disappointed?
What an idiotic question.
I live close to Bristol where Airbus is important in the local economy.
I hope the UK government sees sense and negotiates a form of brexit that does not result in any negative effects on UK manufacturing.
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Old Jul 12th 2017, 5:55 pm
  #19627  
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Default Re: Post EU Referendum

Originally Posted by EMR View Post
What an idiotic question.
I live close to Bristol where Airbus is important in the local economy.
I hope the UK government sees sense and negotiates a form of brexit that does not result in any negative effects on UK manufacturing.
No more idiotic than you asking me if I would be happy if the UK Government was responsible for the loss of all those jobs by their actions.

I also hope that the Brexit negotiations result in a good deal for UK manufacturing but we probably differ on how that can be achieved.
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Old Jul 12th 2017, 5:59 pm
  #19628  
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Default Re: Post EU Referendum

Originally Posted by Golden Years View Post
Does Airbus have a wing production facility waiting for this "switch" somewhere in the EU? Would they readily abandon the investment made thus far and the technical experience that has been built up?

Certainly the jobs would be hard to replace quickly. However, the revenue accrues exclusively to Airbus in France (BAE sold their holding some years ago) and I would be surprised if they post profits here for HMRC to get anything. The investment is also foreign owned, perhaps their shareholders would be unhappy about simply relinquishing it?
You Brexiters are so inconsistent.

On the one hand you're all eager to claim that any possible negative effects are easily offset by positives because none of the changes will be instantaneous and the UK can have a mega stash of jumbo free trade deals ready and waiting to sign the moment it's free of the EU.

On the other you claim nothing can be taken out of the UK and relocated elsewhere in the EU because there's no instant capacity to make the switch.

It's perfectly possible for things to be moved out of the UK piecemeal and over a period of years. Some things are already on the move - for example the 2 EU agencies hosted by the UK and which many of us were probably completely unaware even existed, let alone resided in our country. There's quite a scrap going on in a number of the other member states to have the honour and the benefit of accommodating those apparently unconsidered trifles. Others - which we were absolutely assured would remain in the UK because it simply didn't make sense for them to move, such as some financial services - are making solid plans to relocate their premises and tens of thousands of jobs shortly.

I'm sure a wing production factory wouldn't be an impossibility to set up in any number of countries, which would welcome the opportunity and, no doubt, invest considerable government funds in order to secure it and make it a success There might even be a special EU fund for stealing things like this off the UK - I'll check it out. If there isn't, I'll pop it into the Suggestion Box.
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Old Jul 12th 2017, 6:02 pm
  #19629  
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Default Re: Post EU Referendum

Originally Posted by Red Eric View Post
You Brexiters are so inconsistent.

On the one hand you're all eager to claim that any possible negative effects are easily offset by positives because none of the changes will be instantaneous and the UK can have a mega stash of jumbo free trade deals ready and waiting to sign the moment it's free of the EU.

On the other you claim nothing can be taken out of the UK and relocated elsewhere in the EU because there's no instant capacity to make the switch.

It's perfectly possible for things to be moved out of the UK piecemeal and over a period of years. Some things are already on the move - for example the 2 EU agencies hosted by the UK and which many of us were probably completely unaware even existed, let alone resided in our country. There's quite a scrap going on in a number of the other member states to have the honour and the benefit of accommodating those apparently unconsidered trifles. Others - which we were absolutely assured would remain in the UK because it simply didn't make sense for them to move, such as some financial services - are making solid plans to relocate their premises and tens of thousands of jobs shortly.

I'm sure a wing production factory wouldn't be an impossibility to set up in any number of countries, which would welcome the opportunity and, no doubt, invest considerable government funds in order to secure it and make it a success There might even be a special EU fund for stealing things like this off the UK - I'll check it out. If there isn't, I'll pop it into the Suggestion Box.
They should look at the recent comments from the CEO of Airbus.
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Old Jul 12th 2017, 6:20 pm
  #19630  
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Default Re: Post EU Referendum

Originally Posted by Golden Years View Post
Does Airbus have a wing production facility waiting for this "switch" somewhere in the EU? Would they readily abandon the investment made thus far and the technical experience that has been built up?

Certainly the jobs would be hard to replace quickly. However, the revenue accrues exclusively to Airbus in France (BAE sold their holding some years ago) and I would be surprised if they post profits here for HMRC to get anything. The investment is also foreign owned, perhaps their shareholders would be unhappy about simply relinquishing it?
Did read somewhere that the Germans (no surprise there !) are more than capable and keen on taking on more of the wing production.

Much like foreign car producers who've also heavy sunk costs, the move wouldn't be an overnight one but might be considered for any new model at R&D stage should UK duties/loss of free movement prove to be prohibitive.

You must concede, there is that risk. Why take it ?
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Old Jul 12th 2017, 6:31 pm
  #19631  
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Default Re: Post EU Referendum

Originally Posted by iano View Post
Did read somewhere that the Germans (no surprise there !) are more than capable and keen on taking on more of the wing production.

Much like foreign car producers who've also heavy sunk costs, the move wouldn't be an overnight one but might be considered for any new model at R&D stage should UK duties/loss of free movement prove to be prohibitive.

You must concede, there is that risk. Why take it ?
A risk confirmed by the CEO of Airbus last month and the chief EU brexit negotiator only 3 days ago.
The future of 10,000 UK jobs are at risk if freedom of staff movement,tariff free and current regulations are not maintained .
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Old Jul 12th 2017, 6:35 pm
  #19632  
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Default Re: Post EU Referendum

Originally Posted by EMR View Post
A risk confirmed by the CEO of Airbus last month and the chief EU brexit negotiator only 3 days ago.
The future of 10,000 UK jobs are at risk if freedom of staff movement,tariff free and current regulations are not maintained .
That is just Airbus. The Japanese have also given stark warning, the Yanks are on the move to Dublin.
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Old Jul 12th 2017, 7:14 pm
  #19633  
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Default Re: Post EU Referendum

Originally Posted by iano View Post
the Yanks are on the move to Dublin.
So goodbye to The Special Relationship

Fair weather friend comes to mind?

Or is it only when they need digging out of the shit they themselves caused?
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Old Jul 12th 2017, 7:50 pm
  #19634  
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Default Re: Post EU Referendum

Originally Posted by Fredbargate View Post
So goodbye to The Special Relationship

Fair weather friend comes to mind?

Or is it only when they need digging out of the shit they themselves caused?
It is the UK your are talking about isn't it. The UK is the one discarding of old "friends" because their economy isn't growing fast enough and yada yada yada....
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Old Jul 12th 2017, 8:49 pm
  #19635  
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Default Re: Post EU Referendum

http://www.cityam.com/268266/every-way-you-turn-britains-post-brexit-future-looks-bright?utm_source=dlvr.it&utm_medium=dvTwitter
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