to ask how you’re preparing for Brexit?

[CircleSquareCircleSquare]

There is so much uncertainty surrounding what will happen with trade deals and goodness knows what else, that I’m starting to wonder about making some sensible plans.

We have put a stop to some planned works we wanted to do to our house, we have downsized to one car and we grow a small amount of veg. We keep some stocks of food in the house but we have a large family so I never feel like we’d have enough.
We have discussed not taking a holiday this summer and DH is taking every training course possible at work in order to diversify his skills should his industry go tits up.

I’m wondering what decisions you’re making in your homes for what could possibly be a really uncertain time for a few years.

Why would they know more than anyone else?

Because they’re educated and they’re following the process. Rather than reading the tabloids and finding bliss in ignorance. They may have a background in law or finance or trade or politics or economics etc. They follow developments closely as reported, quantify the implications, read the research and listen carefully to expert perspectives (yes we know what the ignorant think of experts - funnily some people know what they’re talking about). They know the options on the table and the consequences.

You could do this yourself if you put your mind it it, but you might not like what you read.

Ignorant Brexiters who have spent zero time engaging........

Here we go again!!

Gove doesn't have any time for experts, yet he can't be called ignorant in the sense of not having a good education, or it's despite having his expensive education.

Unfortunately your schadenfreude won’t last. Those with the least income, most dependent on public services will suffer the most.

Exactly this.

They may have a background in law or finance or trade or politics or economics etc.

Alas, this is not true of me. But I think intuitively if you are part of a large trading bloc that already has trade deals with the rest of the world, as well as the ability to enforce rights and regulations of the country you live in it would be pretty foolhardy to give that up at the hands of the bloodsucking Tories no less

We don't manufacture enough as a country to be as sufficient as we'd like to be. We're a service industry. A lot of our services will go to mainland Europe. We aren't the huge British Empire we'd like to think we are. We import more then we export.

It isn't being catastrophic - it's common sense.

Gove has had his ignorance exposed on many issues. He might be well educated and intelligent but he is not all-knowing (none of us are). I’m sure he does value expertise - that statement he made was extremely effective and damaging.

A lot of our services will go to mainland Europe - specifically can you list ones that you already know with absolute certainty that will do that?

Reading this thread properly it does seem that people who have very well paid jobs and large city mortgages who are crapping themselves.

Brits in the EU aren't all in well paid jobs and we've got plenty to be concerned about, thank you.

@HateIsNotGood erm read the mNy Brexit threads including this one. Many people saying their companies are relocating to Dublin or mainland Europe.

Even those 'considering' a move probably will. I'm no business woman but if my clients were on the EU and I had trade set up I'd consider relocating my business to where makes sense.

www.verdict.co.uk/which-companies-could-leave-the-uk-because-of-brexit/

Reading this thread properly it does seem that people who have very well paid jobs and large city mortgages who are crapping themselves.

Really? the only people on here who have said they are worried live in London and have well paid jobs?

I call bollocks on that one

(I may, to be fair, have not read your post properly)

What companies are those please Draylon? So they will move whatever it is they do to the EU with it's tighter financial controls then? If they are only here to access the EU more easily is that really a great loss to the UK?

Many*

? If they are only here to access the EU more easily is that really a great loss to the UK

🤦🏻‍♀️

Yes because they employ thousands!!! The ignorance is astounding.

I'd like to know who these Companies are? Surely it's not such hush-hush info that the names of these Companies can't be in the public domain?

Do people seriously not have a basic grasp of what an economy is?

It isn't being catastrophic - it's common sense

Agreed. The whole thing is common sense in fact.

No specialist or expert knowledge is required to understand Brexit.

It does require the humility to listen to people with expertise in given areas and not to presume that the U.K. can snap its fingers and demand cake.

How will Brexit ever follow through without the Catholic-Protestant situation in Northern Ireland being balanced out?

It's one of those situations that requires some balancing between the UK and Ireland, though I still see media outlets attempting a all-or-nothing scenario.

I'd like to know why you think companies wouldn't move! Wouldn't you jump ship if you had better access to your clients and the market?

Icame no need to rude and call me ignorant because I politely ask for some facts - please educate me with the names of any Companies that employ 1000's that are leaving the UK because of Brexit?

I admit I got bored of reading after p3 but seriously? Are people actually worried enough to start growing their own veg add freaking out???! I'm amazed. I've done sweet FA and I'm not in the least bit worried. We MAY have another recession (but we all survived the last one without starving to death). I'm getting building work done and I've booked 3 holidays, 1 to Europe and there's no more than £200 in my savings account. Freaking out and stopping spending is what will cause a recession. I actually don't think it will make much difference. The price of living might go up a bit, we MAY have to tighten our belts a bit but no in not 'preparing ' what will be will be. No point worrying about what we don't even know about yet.

Because they’re educated and they’re following the process. Rather than reading the tabloids and finding bliss in ignorance. They may have a background in law or finance or trade or politics or economics etc. They follow developments closely as reported, quantify the implications, read the research and listen carefully to expert perspectives (yes we know what the ignorant think of experts - funnily some people know what they’re talking about). They know the options on the table and the consequences.

Rather than trading in stereotypes - why don't you answer that question from the viewpoint of Brexit supporters who do have a backgrounds & attribute that you ascribe only to remain supporters.

@Draylon

The UK is an English speaking country with strong links to the world's largest economy (US), the world's largest economic union (EU) and has a strong legacy of financial work having been the capital of the world during the era of the British Empire (remember that the UK navy controlled the far majority of all shipping lanes in the world).

Without the EU, then there's less incentive to base operations in the UK, when you can have two larger operations in the EU and US. But more importantly, a lot of European companies will no longer see a use in basing themselves in the UK when they can move their headquarters to their homeland (e.g. Unilever to Netherlands, Fiat to Italy, etc...) and make a stronger presence in the US.

But it's very unlikely that the UK will be far worse off than the plethora of other economies in the world (Australia and Canada for example) as long as management of the economy is fine.

And if I Did own a Company I would take a prudent Wait And See approach - I would see what the UK will offer me to keep me here and I would also consider the 'tighter' financial controls in the EU and also see how the EU 'pans out' after Brexit in consideration that one of their major nett contributors has left.

@HateIsNotGood I posted a link in my reply to you.

@HateIsNotGood

Unilever is moving home to Rotterdam, whereas HSBC is moving its European operations to France and considered moving its entire operations to China but western shareholders would have balked.

Most banks are moving their operations to the tax haven that is Ireland. I think Fiat might move their operations to Ireland or back to Italy.

The UK is still more friendly for companies than the people's EU. Starbucks has switched head office activities from the Netherlands and Fiat Chrysler has made London its headquarters. Meanwhile, Amazon and Apple have also moved to the UK. The UK is an English speaking country with more neoliberal tax laws.