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Why Brexit may not be such a bad thing after all in terms of manufacturing?

(3 Posts)
girlinacoma Sat 11-Jun-16 21:06:00

I keep searching for and reading as many different opinion pieces as possible with regards to the vote. I'm 99% certain I will be voting out but I'm trying to read viewpoints from both sides along the way.

This however is doing the rounds on Facebook and details the many business who originally had a British manufacturing base, but have now moved overseas as a result of EU grants. I guess the inference is that a Brexit would take away the negative influence that the EU has on our manufacturing base and may even tempt companies back onto British soil.

Thoughts?

P.S - it's long so I have tried to separate it out into different paragraphs for your viewing pleasure grin (copy and paste job from Facebook)

OK,.. here's a short list of financial and industrial FUBARs from the EU then,.. (it was longer, much longer, but really tough reading. I have however edited this slightly due to those who have asked me to clarify some points. All of it has been fact-checked not only by myself but also many others.)

Cadbury moved production of several brands to a factory in Poland 2011 with EU grant. Despite promising the workforce they would not.
Ford Transit moved to Turkey 2013 with EU grant.
Jaguar Land Rover has recently agreed to build a new plant in Slovakia with EU grant, owned by Tata, the same company who have trashed our steel works and emptied the workers pension funds. They have not yet said what UK plants will lose out.

Peugeot closed its Ryton (was Rootes Group) plant and moved production to Slovakia with EU grant. That move was not wanted by Peugeot, it was forced on them by EU blundering and cost then dearly.

British Army's new Ajax fighting vehicles to be built in Spain using Swedish steel at the request of the EU to support jobs in Spain with EU grant, rather than Wales. (Just assembly. They could have been built entirely in Wales with British steel, ah Tata, maybe not then.)

Dyson gone to Malaysia, with an EU loan. (I didn't believe this till I checked Financial Times)
Crown Closures, Bournemouth (Was METAL BOX), gone to Poland with EU grant, once employed 1,200.
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.
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. (Now sold on again)

JDS Uniphase run by two Dutch men, bought up companies in the UK with £20 million in EU 'regeneration' grants, created a pollution nightmare and just closed it all down leaving 1,200 out of work and an environmental clean-up paid for by the UK tax-payer. They also raided the pension fund and drained it dry. (Joint CEOs charged with financial trading fraud, insider trading)

UK airports are owned by a Spanish company.
Scottish Power is owned by a Spanish company.
Most London buses are run by Spanish and German companies.
The Hinkley Point C nuclear power station to be built by French company EDF, part owned by the French government, using cheap Chinese steel that has catastrophically failed in other nuclear installations. Now EDF say the costs will be double or more and it will be very late even if it does come online.

Swindon was once our producer of rail locomotives and rolling stock. Not any more, it's Bombardier in Derby and due to their losses in the aviation market, that could see the end of the British railways manufacturing altogether even though Bombardier had EU grants to keep Derby going which they diverted to their loss-making aviation side in Canada. New trains contract awarded to German company.

39% of British invention patents have been passed to foreign companies, many of them in the EU
The Mini cars that Cameron stood in front of as an example of British engineering, are built by BMW mostly in Holland and Austria and those parts assembled in the UK. His campaign bus was made in Germany even though we have Plaxton, Optare, Bluebird, Dennis etc., in the UK. The bicycle for the Greens was made in the far east, not by Raleigh UK but then they are probably going to move to the Netherlands too as they have said recently.

Anyone who thinks the EU is good for British industry or any other business simply hasn't paid attention to what has been systematically asset-stripped from the UK. Name me one major technology company still running in the UK, I used to contract out to many, then the work just dried up as they were sold off to companies from France, Germany, Holland, Belgium, etc., and now we don't even teach electronic technology for technicians any more, due to EU regulations.

Yes some companies are in the UK with EU funding, but have you noticed that many, like Tata, are planning to shift the production away again, as soon as they will not have to pay a penalty to the EU for doing so. Hundreds already did, just using British skills to develop products and then opt for lower labour costs, often with a serious loss in quality too like Bosch alternators. Many employ staff only on a part-time basis, minimum wage and even those sent by DWP to work for nothing, those get just their benefits.

I haven't detailed our non-existent fishing industry the EU paid to destroy, nor the farmers being paid NOT to produce food they could sell for more than they get paid to do nothing, don't even go there.
I haven't mentioned what it costs us to be asset-stripped like this, nor have I mentioned immigration, nor the risk to our security if control of our armed forces is passed to Brussels or Germany.

The way companies abuse the EU commercial assistance system is not doing the EU, Britain or any other country any favours. It has massive loopholes that are simply exploited and no-one in Brussels has the wit nor sense to change it. Change in the EU is slow at best and in most cases, next to impossible due to the intense lobbying by companies with a vested interest in abusing this very broken system. I know Margaret Thatcher was not many people's favourite person, but she did get a number of measures agreed that have now been completely eroded and sadly, by her own party. Mr Junker has said that any more 'special status' for Britain will be difficult and will face legal challenges. In other words, we will not get most of them, if any.

If the EU may break up in the event of Britain voting to leave as suggested by both leaders of the Bundesbank and European Central Bank, then in all honesty, we have as a nation been propping up a failed system for too long, It will probably fail anyway, taking anyone still 'in' with it. Thus, this vote you have is not exactly 'remain' or 'leave', it is more an issue of jumping off the sinking ship while we have a chance to swim ashore now, or waiting till it is in really deep water and going down with it.

Either way, being brutally honest, we get wet and will have a struggle. Question is, do you want to survive or not?

Find something that's gone the other way, I've looked and I just can't. If you think the EU is a good idea,

1/ You haven't read the party manifesto of The European Peoples' Party.
2/ You haven't had to deal with EU petty bureaucracy tearing your business down.
3/ You don't think it matters.

Limer Sat 11-Jun-16 21:32:27

Bloody hell, I knew a few of those, but only a few.

The grand plan of the EU is one giant superstate, so they've got to transfer wealth from the richer to the poorer countries somehow - I guess this is as good a route as any. It's horrific.

fourmummy Sat 11-Jun-16 21:39:55

Bloody hell x2.

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