Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Brexit

Pride of Dover becomes pride of Paphos

39 replies

somewhereovertherain · 22/01/2019 22:24

So P&O are to reflag their ships in Cyprus, Sony moves its European HQ to Amsterdam. Brexitier Dyson moves his HQ to Singapore. Pets at Home are stockpiling cat food, Bentley are stockpiling parts. What’s next for the clusterfuck that’s Brexit?

OP posts:
Clavinova · 23/01/2019 11:50

The Financial Times are using the word considering as well.

80% of the raw materials in pet food is produced in the UK. I did read somewhere that Pets at Home were stocking up on 'poo bags'!

bellinisurge · 23/01/2019 11:57

Again, it's all going to be brilliant because of the word considering that a journalist used.

It's like the cheery news nonsense of the Brexit Arms all over again. Which mean old Remainers kept picking holes in.

Mistigri · 23/01/2019 12:29

I think the Pets at Home thing has been really over-reported tbh. It's just because they happened to make a trading statement with the word "Brexit" in it yesterday.

Lots of companies will be increasing inventory by a lot more than £8 million (in some cases by many times that amount - imagine what 10-11 weeks of extra stock costs a pharmaceutical company) but you'll only find out the exact number either when they report their results or when they issue a trading statement.

The P&O news is much more significant and there is plenty more of this to come.

indistinct · 23/01/2019 12:59

Tippexy & lurkers ... please see this list of rebuttals to the statements made in your post.

Given that the rebuttals come from a site with the DNS name iloveteheu.co.uk, I checked out one of the claims re:"Indesit at Bodelwyddan Wales gone with EU grant" as a sample and couldn't find any evidence supporting the claim that the EU had provided money to Indesit to relocate manufacturing capacity elsewhere (see Daily Post and
BBC).

As noted by others it looks like the list is issued by one of the leave organisations and is circulated widely by leave supporters as propaganda.

1tisILeClerc · 23/01/2019 13:02

{Lots of companies will be increasing inventory by a lot more than £8 million}
Which of course makes the trade figures look good so the Tories can 'crow' that things arte going well. What the order books look like for April onwards would be far more interesting.

Buteo · 23/01/2019 13:05

The Financial Times are using the word considering as well.

The trading statement uses the word considering, but the CEO was less equivocal when he was interviewed yesterday morning:

"Well it's really important for us that whatever happens through Brexit the only thing we can ever really plan for I guess is a hard Brexit and that's exactly what we've planned for, so we have invested eight million pounds in additional goods, a selection of food and accessories. The most important thing for us is we don't want our customers to worry about issues at ports and things running out of stock, so that's why we've been building up our stocks."

bellinisurge · 23/01/2019 13:09

Storing extra stock isn't paid for by the Brexit fairies. You and I will pay for it in eventual price rises to keep businesses going or the businesses crash. And the general cost of living starts to go up. Remind me who suffers when that happens?

Tippexy · 23/01/2019 13:10

Is the BBC news website good enough for you?

Taking just one example: Indesit closes Welsh factory; opens factory in Poland

news.bbc.co.uk/1/hi/wales/7921557.stm

Buteo · 23/01/2019 13:13

indistinct that Leave propaganda list is missing a trick, as it fails to mention that the UK's military and commercial aviation fuel pipeline (the Government Pipeline and Storage System) was flogged off to Compañía Logística de Hidrocarburos in 2015 under Cameron's government.

Moussemoose · 23/01/2019 13:14

@Tippexy read your link. No mention of the EU.

So your point is?

jasjas1973 · 23/01/2019 13:28

Tippexy

What i suggest you do is go and google each one of your claims.

e.g Ajax = steel was cheaper and more available from Sweden.

Raleigh decided to sell the company when they hadn't invested in Carbon fibre as Euro rivals had, such as Pinarello (italian) who supply bikes to Sky & Chris Froome.
Rail stock =UK companies produce aging diesel electric and Germany make Hydrogen based Trains, which uk are going to buy.

all above failed to invest in RnD when the going was good.

How about a success story? John Bloor bought the name Triumph in Hinkley, a few years later, he is making M/c admired throughout the world, taken a contract from Honda and makes 50,000 bikes each year, with factories in 3 continents.

He invested in a failed brand and turned it around ALL done inside the EU, your post is very wrong, misleading and selling the UK short.

indistinct · 23/01/2019 13:42

Tippexy, the BBC article makes no mention of the EU funding the move of manufacturing capacity i.e. there is no evidence that "Indesit at Bodelwyddan Wales gone with EU grant".

Don't disagree that the Indesit factory was likely closed because the manufacturing base moved to a cheaper locations within the EU but this was a decision made without a grant provided by the EU. Each of the statements in the list will have a different reasons but the claim that they were supported by the EU appear to be wrong and misleading (jasjas1973 appears to have investigated a few more and proven these wrong). The list does indeed appear to be propaganda.

1tisILeClerc · 23/01/2019 13:50

The failure of the coal and steel industry will be down to failing reserves, lack of investment in more efficient processes and the huge rise in Chinese steel manufacturing vastly undercutting the UK.
A smart government would have spotted the trend and made alternative plans to step in when the industry closed (by encouraging other entrepreneurial activities).

somewhereovertherain · 24/01/2019 09:27

"And make no mistake, there are plenty of countries out there who would love to build the wings for Airbus aircraft," he added.

Airbus also think Brexit isn’t the best idea.

OP posts:
New posts on this thread. Refresh page