To think that more of the world might like to place business here now?

[froubylou]

Genuine question.

I know some people are desperately worried about their jobs and some will be lost due to being funded directly by the EU.

But won't more businesses want to move to the UK now? We are geographically ideally placed to do business across Europe, obviously we all speak English which is a crucial business language. We have the infastructre in place. We have London which is one of the main business capitals of the world and was even before the EU.

We have plenty of industrial land stood empty. We have ports and airports and a decent motorway network. We have the technology and science being researched at some of the world's best universities.

And because we are a small island it's easy to get around.

Add to that the fact we have just left the EU and can now set our own (slightly less barmy) rules and regulations and don't have to negotiate trade agreements to suit all eu countries surely worldwide and European business will be looking at the Uk and seriously considering all the positives.

Also with regards to trade deals worldwide how does the work at present with stuff like textiles and technology we import from outside the UK? So does primark for instance negotiate what it wants to buy from Bangladesh directly or is there a trade agreement already in place with Bangladesh and the EU?

"Only 13% of our laws have come about as a result of the EU and those are decided by MEPs in the Brussels Parliament who are elected by us.
"

It's ok you can stop with the Remain lies now, the referendum is over.

sorry my link got left off

fullfact.org/europe/uk-law-what-proportion-influenced-eu/

We are geographically ideally placed to do business across Europe

Completely irrelevant. We were ideally placed as we offered access to the vast European market, but no longer.

Why do you think every single Commonwealth country that expressed an opinion, as well as the US, was strongly advising us to remain? Putin didn't because he wants to see the end of an EU that Russia will never be allowed to be a part of. Neither did Trump because he is himself campaigning on the populist "take back control of our country" bandwagon. Everyone else said we'd be mad to leave. Oh well.

We are still geographically ideally placed. The Uk hasn't moved has it?

Politically we may have moved but not geographically.

And we still have access to the EU market. We just need to renegotiate trade agreements. Which we can now do with the rest of the world without having to take into account the needs and desires of the rest of the EU which should meaN we can negotiate terms favorable to the UK and the country we wish to trade with.

So all those saying it takes years to negotiate trade agreements are presumably basing that timescale on how long it has taken to negotiate trade deals whilst in the EU. And going around every single country in the EU and asking what they want from the deal.

We presumably still have produce to sell. We still need to buy products in. Therefore we need to trade. Trade agreements will happen. Trade will continue. It will just be on different terms and moving forwards on terms more beneficial to the UK.

I don't see how we are ideally placed, geographically. Surely a more central location allows for cheaper running costs and better transport links. It's like saying Cornwall is ideally placed for UK business, rather than somewhere near the M1 for example. Obviously it depends on the type of business. Potential trade tariffs aside though, our transport costs are likely already greater than most other places in Europe due to our exports having to physically cross the channel

Trade will continue. It will just be on different terms and moving forwards on terms more beneficial to the UK

What incentives to you suppose there are for other EU countries to agree deals favourable for the UK, at their own expense potentially, when they hope to deter other countries from following suit and voting to leave?

We can't export on more favourable terms as the .eu will not agree terms with non members that are more favourable than those for members. The EU is our biggest market. The US have already said it could take ten years to sort out trade deals. Of course we can explore other markets e.g China, India. But agreeing individual trade deals with all countries will take years and cost a lot.
I work for an international company we will be doing less work in the uk not more. The U.K. Is less attractive to other countries as it is outside the EU, not more attractive.
So no OP you are wrong,. I know you voted remain but you deluded to think this will be better for business. Many companies wrote to their staff advising them to vote remain. This is why. Business will begin the exit from the uk now. We got what we voted for. But it's crap.

To attract inward investment we need to make ourselves more attractive than our eu neighbours. The way the new government will do this is to make the labour market easier for these companies to use and access. So we will most likely see an erosion of workers rights.

In the short term, a more right wing government is my main concern. I know a few people who work for the leave campaign and they are all pro privatising he nhs etc.

In what way? We are an island on the fringes of Europe.

The problem is that geographical location is not that important to a U.S. Group. What was important was a foothold in Europe in a country that spoke the same language and was culturally similar to the USA. This gave US groups access to the EU but without having all the labour relation issues of say France or Germany. Being in the EU via the UK meant that U.S. Groups could access administrative benefits like the EU interest and royalties directive and Parent subsidiary directive. This meant they could move capital around within Europe very easily and be flexible with their businesses in Europe. We will now be on the outside of that and less attractive as a location for sub-holdings in Europe.

Alternatively being outside Europe could make us more attractive if we reduce taxation and become a tax haven! Who knows.

People keep using the 'better to export' line, but what do we even export any more?
There's practically no industry in this country anymore.

The country appears to outsiders to be full of racist simpletons who are constantly whining, have a superiority complex and keep banging on about the past. Not a good look. Plus we don't have the benefit of being one of the leaders of the worlds biggest trading block anymore.

Which crazy foreign company will invest in places like Wales and Cornwall where the majority voted leave because they don't like foreigners?

Hey capricorn don't you know we're getting a Space Hub in Newquay
I mean the trains take 4hrs to get to Cornwall from Bristol even, let alone London, and some parts of the line are falling into the sea, but I'll be able to go to space just the very second I can afford it!

Small island, English speaking, direct access to the US and Middle East, highly qualified workforce, no political enemies = Ireland. Which is in the EU.

I am in mat leave and work for a large EU bank. I have to have a chat with my boss next week about my job. There was no reassuring text to say 'don't worry'. So. The question is when not if I lose my job.

DH and I have just had a conversation about how soon we will leave. It may be as soon as next year. M
My doctor brother is planning to emigrate. My scientist brother is planning to emigrate.
My banking BIL will probably emigrate with his American wife.

Quiteirregular - spot on! I think this is going to prove an excellent opportunity for Frankfurt!

I personally have no desire to go back to Wales or Cornwall or visit Sunderland as they clearly don't welcome 'outsiders' so that's some investment lost.

The company I work for (large STEM industry) was going to open an office in London. We'd viewed office space but held off on signing a lease, just as a precautionary measure until after the referendum.

Glad we did.

I'm off to Dublin next week to look at properties there. Seems I'm not the only one; Irish commercial agent's phone was hopping all day yesterday.

I think this will be an benefit to Ireland; educated, young population, lots of MNCs already, good infrastructure, great cultural attraction to highly-skilled immigrant workers, English-speaking with a lot of secondly languages, strong trade agreements with th US and China.

Even smaller than (Great) Britain and easier to get around

It was only ever the EU that invested n Cornwall anyway

What we export now is professional services. Precisely the areas that will suffer from being outside the EU.

Thursdaylastweek that is the key problem for most deprived communities. Those that relied on the industry to provide jobs and local income. And it's all well and good saying the EU has brought extra protection for employers. But if you haven't got a job it's a bit ironic. Especially if you attribute your job not being here because of the EU.

And even if you do have a job 0 hours contracts bypass any rights you might be given. And you have to be there 2 years to get any rights in the first place.

Cornwall and Wales relied heavily on the farming industry. Plus holiday properties have also damaged local economies too. Add to that the fishing industry and the coal/steel industry and you can understand why those areas voted to leave the EU. It will seem to many that all the EU has done is take.

Professional services are all well and good if you are a professional providing a service. Not so good if you are a farmers labourer. Or a miner. Or a steel fabricator. Or work in a cafe that provides breakfasts for the steel works.

I read a figure somewhere last year that the UK could be 90%+ self sufficient if we wanted to. But we import somewhere around the 80% of produce we use.

Maybe if we get farmers actually farming again that could go some way to ease the import side. Then try and revive the manufactoring industry.

I fully understand it is much more complicated than that. But without increasing the income to the UK by exporting more and importing less we are well and truly fucked.

The last 4 contracts that I have had were at European headquarters of international companies. Those jobs wont be lost because they're funded by the EU, they could potentially go because the UK is no longer a logical place to have their European headquarters.

If want to manufacture and farm then sell to EU zone we would still have to abide by those "barmy" rules. We may even need to introduce our own new level of bureaucracy to create our own rules and compliance, even if they are still the exact same barmy ones.

The farmers farm plenty. The supermarkets have squeezed them so hard it doesn't matter how hard they work anymore. But that's a different issue IMO.

I live in Cornwall and all I can see is what they've given us. I truly don't understand why anyone down here voted to leave.

'They' being the EU, sorry, in case it wasn't clear

Windsofwinter "What incentives to you suppose there are for other EU countries to agree deals favourable for the UK?"

The fact that the UK is the 5th largest importer in the world. In other words, a very important customer. We import more from Germany than from China. Germany would not want to lose our $100billion a year business, that's why.