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Brexit

Google to invest 1 billion pound to U.K. After brexit

14 replies

EveOnline2016 · 15/11/2016 20:44

www.google.co.uk/amp/www.bbc.co.uk/news/amp/37988095

Do you think this could be a game changer in the brexit

OP posts:
EveOnline2016 · 15/11/2016 20:45

www.google.co.uk/amp/www.bbc.co.uk/news/amp/37988095

OP posts:
Tryingtosaveup · 15/11/2016 20:47

Great news. Too many people predict disaster after Brexit. Google and Nissan both doing business here post Brexit.
I don't think it's a game changer. I am not surprised.

SwedishEdith · 15/11/2016 20:52

Isn't this old news?

[http://uk.businessinsider.com/googles-new-11-storey-office-in-londons-kings-cross-2016-6 Business Insider from 20 June]]

SwedishEdith · 15/11/2016 20:53

Bollocks

Business Insider 20 June

TuckersBadLuck · 15/11/2016 21:06

Due to the nature of the services Google provide they can literally be based any place in the world that they can attract skilled workers to.

They won't be manufacturing anything here or trying to export anything after all - just taking advantage of R&D tax breaks no doubt...

PattyPenguin · 15/11/2016 21:11

And Google will pay about £2.50 in tax. And hold a gun to the government's head about immigration for the workers it wants. So not really a huge win for Brexit.

SapphireStrange · 16/11/2016 10:45

What Tuckers and Patty said.

Many companies that want to pay little tax and get away with shitty employment practices will expand their UK presence or come to the UK from elsewhere.

Brexit Britain is going to be a haven for the shareholders of massive, highly profitable global companies.

One in the eye for the elite, eh?

RortyCrankle · 16/11/2016 10:52

Oh dear no. Perish the thought that something good is happening in the UK - that doesn't fit in with the Remainers' plans at all. Grin

TuckersBadLuck · 16/11/2016 12:12

Yes, it's jolly good. It's got nothing whatsoever to do with Brexit though, nor is it really a vote of confidence in our economy. And much of the value of the 'investment' boils down to a property investment in central London. But it was announced months ago, the 'story' is that they've decided they're going ahead with it despite uncertainty over Brexit - mainly because Brexit doesn't really make any difference to them.

It does (hopefully) mean 3,000 more highly-paid workers and numerous extra support workers though, so that is good news.

twofingerstoGideon · 17/11/2016 08:05

Google have also said:
...open borders and free movement for skilled migrants were "absolutely" important to the success of the technology sector in the UK. Sources at the technology company also said if barriers were thrown up to skilled immigration following the vote to leave the European Union, some of Google's investment could be at risk..."

Sapphire is right when she says: Many companies that want to pay little tax and get away with shitty employment practices will expand their UK presence or come to the UK from elsewhere... Brexit Britain is going to be a haven for the shareholders of massive, highly profitable global companies.
And as well as not paying their taxes, they will be dictating the terms under which they operate here.

Draylon · 17/11/2016 19:01

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Draylon · 17/11/2016 19:02

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DoNotBringLulu · 17/11/2016 21:50

Draylon that is a bleak picture post Brexit....excuse my lack of understanding here, when you say wealth only trickles down under certain circumstances, you mean industrial action, etc? I have no idea how we are going to afford a 'hard' Brexit, if that leaked article from Times is correct, 66 billion to cover tarrifs, on top of the deficit.

Draylon · 17/11/2016 22:51

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