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Post EU Referendum...Part II

Post EU Referendum...Part II

Old Nov 23rd 2020, 7:18 pm
  #23671  
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Default Re: Post EU Referendum...Part II

Let's talk about Nissan.....


From last month;

Campaigners gather outside Sunderland Nissan plant in protest against 'horrors' of no-deal Brexit

A spokesperson for the group said: "We're here again tonight because a no-deal Brexit still looms over us."In the 2019 general election, the Conservatives promised us an oven-ready Brexit deal.

"We need to trade freely with our friends and neighbours in Europe otherwise thousands of jobs are at risk like those in the Nissan factory behind us.

"Lots of Conservative MPs were elected in the North East for the very first time, they promised our region an oven-ready Brexit deal but they have failed to deliver.
Looks like the blue wall is crumbling..... I suppose that's the problem when you campaign on a single promise, which you then refuse to deliver...


And from last week;

Nissan exec says UK business "will not be sustainable" with bad Brexit

The UK will end the transition period with the EU on December 31 and, if no deal can be reached, would face huge tariffs on cars exported to the EU.

That is the main market for Nissan’s Sunderland plant and a string of executives have warned that the Japanese automotive giant would have to re-think its future in the event of increased costs that made its business unprofitable.

Interviewed by Reuters about a no-deal Brexit, Mr Gupta said: “If it happens without any sustainable business case, obviously it is not a question of Sunderland or not Sunderland, obviously our UK business will not be sustainable, that’s it.”
And, as an aside, Nissan, unions agree to delay Barcelona plant closing until Dec 2021... So there's still capacity there if/when Sunderland closes.


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Old Nov 23rd 2020, 8:47 pm
  #23672  
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Default Re: Post EU Referendum...Part II

Originally Posted by Bipat View Post
They were not invited to respond, how could they be represented!
The same way the other people who weren't invited to respond were represented.
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Old Nov 25th 2020, 8:46 pm
  #23673  
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Default Re: Post EU Referendum...Part II

Anyone still following this s***show? What's the synopsis? Crash and burn in 2021?
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Old Nov 25th 2020, 9:28 pm
  #23674  
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Default Re: Post EU Referendum...Part II

Originally Posted by Shard View Post
Anyone still following this s***show? What's the synopsis? Crash and burn in 2021?
Spending Review: Key points from Rishi Sunak's statement
Here are the main points.
  • An estimated 1.3 million public sector workers will see their pay frozen in 2021-2
  • Most NHS workers and those earning less than £24,000 will still get increase
  • The UK economy is expected to shrink by 11.3% this year
  • Unemployment is expected to reach 7.5% next spring, with 2.6 million people out of work
  • Overseas aid budget is to be cut by about £4bn
  • A new £4bn "levelling up" fund will pay for upgrading local infrastructure across UK

And Boris wants a Garden Bridge across the Channel.... Actually, I made that one up
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Old Nov 25th 2020, 10:44 pm
  #23675  
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Default Re: Post EU Referendum...Part II

Originally Posted by Shard View Post
Anyone still following this s***show? What's the synopsis? Crash and burn in 2021?
Yeah pretty much nailed it - turns out there is no magical money tree and Rishi has spent money like there was so we are all *******ed
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Old Nov 25th 2020, 11:40 pm
  #23676  
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Default Re: Post EU Referendum...Part II

Originally Posted by DaveLovesDee View Post
Spending Review: Key points from Rishi Sunak's statement


And Boris wants a Garden Bridge across the Channel.... Actually, I made that one up
Thanks. Actually, I meant the Brexit debacle. Negotiations on the edge, and it looks like either No Deal or a last minute serving of Rees-Mogg's Tradiional Thin Gruel.
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Old Nov 26th 2020, 1:13 am
  #23677  
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Default Re: Post EU Referendum...Part II

Originally Posted by Shard View Post
Thanks. Actually, I meant the Brexit debacle. Negotiations on the edge, and it looks like either No Deal or a last minute serving of Rees-Mogg's Tradiional Thin Gruel.
most people in my circle are gloomily accepting a no deal crashout is going to happen. Plan for the worst but hope for the slightly less worse.

shipping is already buggered, I’m waiting for a new bike I ordered back in July, and the manufacturer has advised me they’re still waiting on parts caught up in this. This kind of delay to supply chains is going to impact all aspects of life in the U.K. next year, not just the fresh fruit and veg shortage that we’ve been prepped to expect.

it’s a ****ing mess.
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Old Nov 26th 2020, 8:05 am
  #23678  
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Default Re: Post EU Referendum...Part II

Originally Posted by yellowroom View Post
shipping is already buggered, I’m waiting for a new bike I ordered back in July,
Last week I received some parts I had ordered from China on Valentine's Day.
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Old Nov 26th 2020, 8:11 am
  #23679  
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Default Re: Post EU Referendum...Part II

Originally Posted by Fredbargate View Post
Last week I received some parts I had ordered from China on Valentine's Day.
So I guess you didn't tick the overnight UPS delivery box then?

Nothing to do with Brexit or the EU but trying to get delivery of major appliances (stoves/fridge freezers/washer dryers etc) in Canada is challenging and of course Covid isn't helping.
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Old Nov 26th 2020, 8:23 am
  #23680  
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Default Re: Post EU Referendum...Part II

Originally Posted by yellowroom View Post
most people in my circle are gloomily accepting a no deal crashout is going to happen. Plan for the worst but hope for the slightly less worse.

shipping is already buggered, I’m waiting for a new bike I ordered back in July, and the manufacturer has advised me they’re still waiting on parts caught up in this. This kind of delay to supply chains is going to impact all aspects of life in the U.K. next year, not just the fresh fruit and veg shortage that we’ve been prepped to expect.

it’s a ****ing mess.
You have inside information then?' Just how do you know i's going to impact all aspects of life in Britain' By that I presume you mean badly?
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Old Nov 26th 2020, 8:40 am
  #23681  
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Default Re: Post EU Referendum...Part II

Originally Posted by Shard View Post
Anyone still following this s***show? What's the synopsis? Crash and burn in 2021?
Originally Posted by Garbatellamike View Post
Yeah pretty much nailed it - turns out there is no magical money tree and Rishi has spent money like there was so we are all *******ed
But surely the Brexit Dividend will more than cover it?
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Old Nov 26th 2020, 10:36 am
  #23682  
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Default Re: Post EU Referendum...Part II

Originally Posted by Former Lancastrian View Post
So I guess you didn't tick the overnight UPS delivery box then?.
Definition of couriers services by one of my UK suppliers

UPS Useless Parcel Service

DHL Delayed Hauliers Ltd.

TNT Totally Naff Transport.
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Old Nov 26th 2020, 10:49 am
  #23683  
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Default Re: Post EU Referendum...Part II

Originally Posted by KJMW View Post
You have inside information then?' Just how do you know i's going to impact all aspects of life in Britain' By that I presume you mean badly?
I don't need inside information, it's already happening. Did you read the link I posted? Importing of goods is being delayed - by up to 10 days at Felixstowe, which handles 50% of the containers coming in and out of the UK. There is no warehousing space anywhere in the country, so shipments are being stored at the ports, which is causing capacity issues there, to the point in November one ship had to turn around and unload in Rotterdam instead. Here's another one - delays in Kent earlier this week as French border control trialled post-Brexit checks on lorries coming into France. Just a taste of what is going to be happening in January

Yes, it will impact aspects of all life to the worse. Delays of goods coming in and out of the country, and price rises as a consequence (supply and demand, sourcing of alternatives). This isn't just food and consumer goods going directly to the shops/customers, but essential parts for the supply chain for manufacturing in this country. The knock on effect to different industries will ripple out. For me at the moment, it's a source of deep irritation that I shelled out nearly £1700 in July and will be lucky to get my bike by Christmas, but it's not life or death. If I worked in any industry that relied on imported materials I would be worried - whether that's the wood pulp to make toilet paper or the beans for baked beans, or the parts for Nissan in Sunderland or BMW at Oxford.

One would hope that the government would have a better handle on this, but nothing that this lot have done to date gives me any confidence they could organise the proverbial in a brewery. From where I sit, it seems like we've been groomed and ground-down to expect a late 1940's-early 1950s life of shortages and queues, with less choice and higher prices.


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Old Nov 26th 2020, 11:13 am
  #23684  
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Default Re: Post EU Referendum...Part II

Originally Posted by KJMW View Post
You have inside information then?' Just how do you know i's going to impact all aspects of life in Britain' By that I presume you mean badly?
Are you suggesting the biggest change to UK import and export procedures since the 1990's isn't going to have an impact, when the UK imports everything we don't grow or make, and even then, some of that gets exported or relies on imports for part of their processes....

And increased hold-ups in ports don't just impact EU imports and exports, but non-EU ones too....
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Old Nov 26th 2020, 11:24 am
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Default Re: Post EU Referendum...Part II

Here's a real life example of how shortages can ripple out to have all sorts of unintended consequences.

In 2008/2009 there was a slowdown in acrylonitrile production in China - one of the byproducts of acrylonitrile manufacture is acetonitrile, which is a solvent widely used in chemical manufacturing and in laboratories. There was a slowdown in production due to a drop in demand for products made with acrylonitrile (widely used in plastics and fibres manufacturing), mainly because people weren't buying new cars. Plastics used in new cars are a big consumer of acrylonitrile. So, because there was a global recession and people weren't buying new cars, there was a shortage of acetonitrile.

Suddenly the laboratory I worked in was in trouble. We used this solvent during analytical testing of drugs - we couldn't just switch to use another solvent because we were using validated methods, and if you switch to another solvent a) you don't get the same performance and you may not detect all the impurities in the drug that you could before and b) you have to re-develop and re-validate the method to prove it works and produces equivalent results to the one using acetonitrile (1-2 months if lucky) and THEN get approval from FDA or EMA or whichever regulatory authority is in charge of drugs in the country that is the destination of the drugs you're testing (several months). All the while your medicines are sitting there not being tested so not able to be sent to patients.

In our company, we diverted all our stock of acetonitrile and prioritised the use for the QC testing of critical drugs to keep them going out the door. Some R&D work had to stop, delaying the development of new drugs. Costs went up massively for quite a while (supply and demand). Same story in companies across the pharmaceutical and chemical industries

Could you have predicted a lack of demand for new cars would mean difficulty in manufacturing and testing of certain medicines? I couldn't until then. There are similar complex supply chains for everything these days - most large manufacturers have done their best to work out their weak points and mitigate but I can guarantee you that in 2021 there will be situations where delays of materials coming into the country will have unexpected consequences elsewhere in the supply chain. Lets hope for everyone's sake they are minor.
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