No deal Brexit - more prepared than we think?

[elprup]

I posted a thread on here recently about being terrified of a no deal Brexit. Since then I’ve felt a little bit reassured after reading this article about how Britain is preparing/prepared for a no deal. Sorry in advance for the Daily Mail link!

www.dailymail.co.uk/news/article-7318477/So-does-No-Deal-Brexit-really-mean.html

It does sound like we’re more together than I’d thought (although I may just be wishful thinking, hopelessly naive, clutching at straws or all of the above!)

What are people’s thoughts?

[Mamamia456]

Linseed - That increase won't be what the customer will have to pay, the businesses will absorb much of the costs. I read that it would be 8.1% increase in dairy that people would have to pay so if milk was £1.00 it would go up by 8p. A 5.8% increase on meat, 7.8% on oils and fats and 4% on veg.

[noblegiraffe]

the businesses will absorb much of the costs.

Businesses. So well known for not passing costs onto customers.

[TwigTheWonderKid]

Why on earth would businesses take the financial hit?!

[Mamamia456]

I didn't write the article, it was a BBC news item. The fact is it doesn't matter what remainers read, they only want to believe stuff that's full of doom and gloom. If you want to believe prices will rise by up to 40%, go ahead, the only people you're affecting are yourselves.

[twofingerstoEverything]

It suits remainers to say the sky will fall in however, hysteria is ramped up hugely right now, it's like the death of Diana all over again .
Janista. No-one is saying the sky will fall in. No-one is hysterical. Stop trying to gaslight people who are expressing legitimate concerns. As has been pointed out many times, none of this will affect you, because you live in Australia.

[jasjas1973]

Going back to the OP, if the UK was so well prepared and heading for at the very least, what we've got now, then the FX markets would not be nose diving since the referendum and more recently, since Johnson's no-deal promise.

FX is pretty good indication of a countries value or share price if you like.

Germany is oft cited as doing particularly well by its membership of the eurozone, well, it shouldn't be forgotten that Germany was a very powerful manufacturing country long before the Euro, regardless of the value of the mark.

[Linseedlill]

Yep Mamamia, those same supermarkets which are already putting up food prices in advance of Brexit are certainly , in the event of a no deal, going to protect the consumer from further price rises whilst paying out for increased transport costs and delays, increased storage and warehousing costs, complicated customs issues etc etc. I can see the pigs flying across the sky right now in fact (only British pigs of course).

[Mamamia456]

Like I say, if you want to believe that food prices will rise by up to 40 % go right ahead. I prefer to have a more balanced outlook rather than a catastrophic one.

[bellinisurge]

@Mamamia456 cheerful optimism doesn't put food on the table in tough times.

[jasjas1973]

Tesco recently put up prices across a range of over 1000 items by 10%, given inflation is around 2.5%, you need to ask why?

Because they have held off putting prices up after the falls in the pound and can do so no longer.

Every currency trader out there predicts further falls in a no-deal brexit, you don't need to be Sherlock to figure out what the direction of travel is.
One can argue over the amount but for many households in the UK, even modest rises will ruin them.

[Mamamia456]

Bellingsurge - I didn't say it did, but catastrophising doesn't help anyone either.

Just to give us something else to to reflect on household's wasted £15 billion worth of food in this country in 2015 which could have been eaten. Wastage since 2015 will be published later this year.

[bellinisurge]

I'm not catastrophising @Mamamia456 . Take this power problem. I can deal because I am a general prepper and, to me, like heavy snow or whatever, it's just another "thing ". Catastrophising is the opposite of what general preppers do.

[Socksontheradiator]

I think it's worth continuing with these discussions, @Mamamia456 Most of the regulars on here are preparing for tougher times. There are bound to be lurkers and people who perhaps find the threads after getting anxious about the news.
I found MN after a friend mentioned stockpiling. I googled it and it led me to the wonderful Brexit Cupboard trilogy on here.
I don't see it as doomsaying or only looking at the bad. If it encourages a few more people to prepare just in case then I think it is responsible.
Personally speaking, I have also been inspired to learn more about politics, and rather than just look on the bright side, I am thinking about how committed I am to remain, and why, and what steps I can take to support that.

[cherin]

Talking from direct experience of olive oil making (extra virgin one)- Tunisian oil was shown in the equivalent of Panorama on a EU tv channel a few years ago, and it was shown as being anything but extra virgin...small problem, easily fixed by a bit of chemical refinement to make it pass as such. Now, I hope that’s not true for all producers, and the information is a few years old so I hope standards have improved. It’s just an example of “substitutions” for which the quality does not have the same guarantee. Then of course people have been through much worse deprivations and adapted and survived (am thinking not only Venezuela, but also Yugoslavia to stay closer geographically). Choosing to go through it, though, is something that really baffles me. I don’t think your Wikipedia numbers will ever persuade me that it’s a sensible move.

[Linseedlill]

Like I say, if you want to believe that food prices will rise by up to 40 % go right ahead. I prefer to have a more balanced outlook rather than a catastrophic one.

I said that supermarket prices will go up and that certain foods will be subjected to tariffs, not that food prices will rise by 40% so please quote me accurately. I was quoting the British Retail Consortium and The Grocer. I am not catastrophizing.

[Mamamia456]

Bellingsurge - I'm not saying you personally are catastrophising but there are many remainers on these threads who are.

Socksontheradiator - I haven't said that people shouldn't be stockpiling or that Brexit shouldn't be discussed, don't know where you've got that from. I try to give a more reasoned and balanced view on these threads because some people seem to forget that when "experts" say that something could happen or might happen it doesn't mean it will happen.

When you have someone starting a thread asking if their stockpile is going to be safe from other people, it all seems to be getting rather ridiculous. I hope that person wasn't being serious.

[SistemaAddict]

Isn't it just common sense to prepare for a rainy day? Like having insurance. It's just food and household goods insurance. I'm definitely going to keep a good cupboard full of provisions from now on as I've found it very helpful in times of bad weather or illness. There's bad weather forecast overnight and all day tomorrow so I'm going to bake bread with the children with my stash of bread flour and yeast. I might make soup and crumble too as we are unlikely to venture outside. With preteens I've found the supply of shower gels and shampoos are keeping us going longer so I've been doing less big shops overall and just topping up with fresh stuff and snacks.

[Socksontheradiator]

I was just offering my thoughts as to why people are discussing the down side of no deal.

[SistemaAddict]

My post wasn't aimed at you Socksontheradiator just in case your post was replying to me. I love that you e taken on board what has been posted on here over the threads. It was mumsnet that got me thinking too and now I feel much happier knowing I have a food buffer. Why I didn't think of it years ago for general use I don't know. That's what I mean by common sense . My nana always had a well stocked pantry and freezer and when I was younger supermarket shopping was only once a month. Everything fruit and veg and meat and fish were locally bought in the village or from the farms down the lanes. It was so different back then. Sometimes I wish I could go back to that simpler way of life but I live in a different place now and fruit and veg is expensive locally. We don't eat meat or fish.

[Socksontheradiator]

Yes exactly @Bercows!
No I was replying to Mama :)

[Mamamia456]

Bercows - If your post was aimed at me - Again I will repeat I have never said that people shouldn't be stockpiling if that's what they want to do.

[Tengel]

Brexit has already happened for many people running large businesses.

No deal plans and contingencies we're ready in March and they've prepared for new ways of working since 2016.

This is why they are relaxed. Many know it won't affect them or be negative at all.

The City, Banks, large industrial companies, investors and others are all ready,

The problem lies with the politicians whose delay and chaotic management of the process has sapped confidence, the problem is not brexit itself.

[Java2019]

The problem lies with the politicians whose delay and chaotic management of the process has sapped confidence, the problem is not brexit itself

Correct. The result of the referendum in 2016 is not the problem. It is MPs who think the result of the referendum can be ignored as it does not fit with their own personal goals.

If people want to change their minds they can at the next general election. However, in all cases the results of referendums and general elections must be followed in the order they appear.

[WiseUpJanetWeiss]

The insulin and medication supplies have already been secured two years ago

This is, frankly, bollocks.

We are currently already working against a background of unprecedented shortages (caused by many factors, none of which will be alleviated by leaving the EU) and the disruption caused by Brexit will be a catastrophe for many patients.

The idiot Hancock says that we’ll be OK “if everyone does what they need to do”. Well, medicines manufacturers don’t do now “what they need to do” to keep medicines on the shelves and in the fridges (for many complex reasons) so there’s no realistic expectation of everything going swimmingly after 31 October.

[Linseedlill]

The problem lies with the politicians whose delay and chaotic management of the process has sapped confidence, the problem is not brexit itself

But there isn't a mandate for no deal. And there was no majority in parliament for Theresa May's deal, despite it being presented to MPs every which way. The real threat to democracy here is a foreign financed minority within a minority government trying to impose it's will on the rest. Brexiteers bang on about parliamentary sovereignty while at the same time trying to prevent parliament from exercising it!