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 Airbus and BMW proposing to quit UK
Topic Originator: onlytakes  
Date:   Fri 22 Jun 18:17

Both making statements advising they'll begin plans to leave if no clarity in next couple of months.

I doubt they'll follow through but presumably worrying for the employees.

Would something similar happen in an independent Scotland? Would BAE announce they were upping sticks?

On the other hand, if Scotland somehow gained independence whilst simultaneously joining the EU, would companies relocate?
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: AdamAntsParsStripe  
Date:   Fri 22 Jun 18:46

Quote:

onlytakes, Fri 22 Jun 18:17

Both making statements advising they'll begin plans to leave if no clarity in next couple of months.

I doubt they'll follow through but presumably worrying for the employees.

Would something similar happen in an independent Scotland? Would BAE announce they were upping sticks?

On the other hand, if Scotland somehow gained independence whilst simultaneously joining the EU, would companies relocate?


Even if it didn't happen immediately, the Scottish Government position is clear that they wish to either be in the EU or at least in the single market and customs union which would attract big business imo.

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 Re: Airbus and BMW proposing to quit UK
Topic Originator: calpar  
Date:   Fri 22 Jun 22:36

The uk based company I currently work for have just offshored loads of work and headcount to Romania, after Brexit, with immigration controls, will visas be required for these people to come to uk?
Also, some of the services are data and security protected, will that change ?
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: desparado  
Date:   Fri 22 Jun 23:32

Thousands of jobs already lost because of Brexit, thousands more to go.

If Scotland finally sees the light and bails out of this union with the backwards looking England whilst remaining in the customs union at least... the benefits will be enormous......for Scotland.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: onlytakes  
Date:   Sat 23 Jun 12:58

Thing is, weren't there similar claims about Scottish independence?

There's some irony at observing brexiteers say it's all the BBC doing "project fear".
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: Tenruh  
Date:   Sat 23 Jun 16:41

RBS probably next to announce moving out of the UK 🇬🇧, head office relocated to Frankfurt, don't worry though it won't effect any jobs here.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: AdamAntsParsStripe  
Date:   Sat 23 Jun 16:43

Quote:

onlytakes, Sat 23 Jun 12:58

Thing is, weren't there similar claims about Scottish independence?

There's some irony at observing brexiteers say it's all the BBC doing "project fear".


Yes, I'll even admit that but it's turned full cycle now.
Lots of commentators saying the Scottish Government have got it right.

Brexit is a disaster for Business

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 Re: Airbus and BMW proposing to quit UK
Topic Originator: Angus_W  
Date:   Sat 23 Jun 18:49

"Project fear".........

A while since I've heard that phrase - four years to be exact.

Intresting to hear the same politicians turn the argument 180%.

“.........it ain’t over till the Pars score!”
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: Rastapari  
Date:   Sun 24 Jun 08:41

It's easily sorted...they threaten to leave...government promise them big subsidies and strip away workers rights..we pay for the tax breaks...job done.

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 Re: Airbus and BMW proposing to quit UK
Topic Originator: onlytakes  
Date:   Sun 24 Jun 11:09

So general feeling is no business will actually leave, or they'll use it as an excuse for planned job cuts anyway?

So we can now accept that telling people in Scotland that everyone will up sticks was wrong? Or was it correct and Brexit is an even bigger disaster than we thought?
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: calpar  
Date:   Sun 24 Jun 20:44

Its gonna be a disaster, doesnt need to be, ok we're doing something neverdone, but there are lots if independent countries seem to do just fine, eh?
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: londonparsfan  
Date:   Sun 24 Jun 23:51

Quote:

Rastapari, Sun 24 Jun 08:41

It's easily sorted...they threaten to leave...government promise them big subsidies and strip away workers rights..we pay for the tax breaks...job done.


Depressingly accurate.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: londonparsfan  
Date:   Mon 25 Jun 22:00

Interesting that we have a real life example of increased tariffs and how business reacts:

https://www.independent.co.uk/news/business/news/harley-davidson-trump-tariffs-eu-motorcycle-production-us-move-a8415986.html
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: parbucks  
Date:   Mon 25 Jun 22:40

Amazing how about 200 countries manage to trade successfully with the rest of the world without being in the EU.

Amazing how Boeing/ GE/ Pratt & Whitney and their non EU suppliers can supply parts to the European aviation industries despite not being in the EU.
Don’t Airbus have a supplier/factory in China?

It’s all a lot of BS. Multinational corporations just like an easy ride.

Pretty sure I saw that aero parts under WTO terms are zero rated regardless of the trading zone or country of origin. I’m sure some expert on dot net will correct me if wrong.



Post Edited (Mon 25 Jun 22:42)
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: londonparsfan  
Date:   Mon 25 Jun 23:31

Of course they do. It's why Dyson and Tate & Lyle are pro Brexit - they're hoping it benefits them.

The accusations that it's all fake news and companies won't move though is off the mark. Companies absolutely will move if tariffs cost them money
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: Superally  
Date:   Tue 26 Jun 08:26

Car industry now reporting significantly lower levels of investment because of Brexit



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 Re: Airbus and BMW proposing to quit UK
Topic Originator: DBP  
Date:   Tue 26 Jun 08:43

multi-national companies will move but it won't be an overnight flit...

it will start with moving some operations because they need to satisfy regulations or remove unwanted / potential barriers, so initial effects will be limited. the problem is when you look 3,4,5 years after when those operational areas are invested in or expanded, or they change slightly and need to work closer with another area that suddenly throws up unwanted complications, etc

the problem is that these companies right now are developing strategies to deal with brexit, and with so little information they need to consider the no deal option. given how long it takes companies to change in a controlled manner, they can't wait until any final announcement and will act before.

so even if a good deal is reached, the wheels will probably be in motion for many changes anyway.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: Tenruh  
Date:   Tue 26 Jun 09:09

And all this because of the tory fear of UKIp
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: AdamAntsParsStripe  
Date:   Tue 26 Jun 09:14

I always laugh at those who said that Brexit was a success (despite not happening yet) because our exports were up.

This was purely down to the weak pound.

Now Brexit is getting closer, big companies are seeing the reality of remaining in the UK and the costs of Tariffs to the EU.

I read a ridiculous tweet from a prominent Labour activist. " make Airbus public ownership "

Ffs! They are foreign owned. UK make the wings only but the French company own the blueprints so who the hell are UK going to sell wings too?

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 Re: Airbus and BMW proposing to quit UK
Topic Originator: parbucks  
Date:   Tue 26 Jun 13:59

WTO:Agreement on Trade in Civil Aircraft

"The Agreement on Trade in Civil Aircraft entered into force on 1 January 1980. It now has 32 signatories. The agreement eliminates import duties on all aircraft, other than military aircraft, as well as on all other products covered by the agreement — civil aircraft engines and their parts and components, all components and sub-assemblies of civil aircraft, and flight simulators and their parts and components. It contains disciplines on government-directed procurement of civil aircraft and inducements to purchase, as well as on government financial support for the civil aircraft sector."

Unless I am severely mistaken this would imply that there would be no duties or tariffs applied to the manufacture of aircraft wings in the UK by Airbus and shipped to the EU.

Explains also why Airbus procures engines from various sources RR, GE, Pratt & Whitney based on customer spec and preference. There is no duty penalty on the country of origin if a signatory to the Agreement.

The UK and EU are included in the 32 signatories.

As I said earlier, the Airbus statement is BS and clearly politically motivated.

I cannot understand why the BBC and other media commentators have not investigated this but of course they have their own biased anti Brexit agenda.

Fake news indeed.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: londonparsfan  
Date:   Tue 26 Jun 14:32

It's not just the cost of tariffs, it's the cost of customs clearance, the cost of head count to manage compliance and delays in the supply chain that's part of the problem too in a no deal scenario.

Going off on a tangent slightly the company I work for is moving part of its financially regulated London business to Ireland because of Brexit. Jobs are already moving. Admittedly at my place it's not huge numbers but other companies have begun moving staff too.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: parbucks  
Date:   Tue 26 Jun 14:51

I accept some companies are hedging their bets and moving staff but the numbers involved are only a fraction of what was predicted after the referendum result. When I saw the figures recently the total number of people employed in financial services had gone up in the last two years.

The German Investment Funds Association (BVI) which manages more than £2.6 trillion on behalf of 50 million customers reported today as saying that "unhindered access" to the UK's investment industry was vital.It also said "proper and unobstructed" links with the UK are necessary.

It's the EU politicians who are determined to screw us regardless of any pain felt economically on both sides just to punish us for daring to leave" the Project" lest others follow.

I firmly believe that EU companies will soon start to exercise their financial muscle and influence on their own politicians and the politicos will be put back in their boxes.
Mercedes, BMW, VW, Siemens to name just a few will have their say.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: The One Who Knocks  
Date:   Tue 26 Jun 14:52

As you allude to LPF it's not tarrifs that are the problem it's TBT's (technical barriers to trade). This can be anything from a simple visual check on goods to parts and components being tested. It's the delay that will cause which is alarming manufacturers. The 'just in time' manufacturing model doesn't allow much wiggle room. My company supplies electronics for German automakers anf it is sometimes literally a day between leaving our facility and being on the production line in Germany. If the part gets stuck at customs while some bureaucratic red tape procedure is carried out then production becomes inefficient and companies start losing money. No political motive parbucks just economic reality.

And although my eyes were open
They just might as well be closed
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: parbucks  
Date:   Tue 26 Jun 15:50

I’m pretty sure the U.K. has already agreed to maintain regulatory alignment in areas such as the supply chain. That would always make sense in the aviation industry since components are sourced around the world and the industry is highly regulated anyway.

Any delays will be politically motivated and we know which side at this point would be the instigator.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: AdamAntsParsStripe  
Date:   Tue 26 Jun 17:10

Quote:

parbucks, Tue 26 Jun 14:51

I accept some companies are hedging their bets and moving staff but the numbers involved are only a fraction of what was predicted after the referendum result. When I saw the figures recently the total number of people employed in financial services had gone up in the last two years.

The German Investment Funds Association (BVI) which manages more than £2.6 trillion on behalf of 50 million customers reported today as saying that "unhindered access" to the UK's investment industry was vital.It also said "proper and unobstructed" links with the UK are necessary.

It's the EU politicians who are determined to screw us regardless of any pain felt economically on both sides just to punish us for daring to leave" the Project" lest others follow.

I firmly believe that EU companies will soon start to exercise their financial muscle and influence on their own politicians and the politicos will be put back in their boxes.
Mercedes, BMW, VW, Siemens to name just a few will have their say.


Simple question.

Why do you think the UK outside the EU should be better off? ..
It is an easy question for a Brexiteer?

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 Re: Airbus and BMW proposing to quit UK
Topic Originator: parbucks  
Date:   Tue 26 Jun 17:52

Simple answer. We will be in charge of our own destiny like over 200 other countries minus 27.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: AdamAntsParsStripe  
Date:   Tue 26 Jun 17:56

Quote:

parbucks, Tue 26 Jun 17:52

Simple answer. We will be in charge of our own destiny like over 200 other countries minus 27.


Ahh you'll have your blue passport which you could have had anytime in the past 35 years anyway?

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 Re: Airbus and BMW proposing to quit UK
Topic Originator: parbucks  
Date:   Tue 26 Jun 18:00

"And all this because of the tory fear of UKIp"

That may have led to calling the referendum but the outcome of the referendum was largely influenced by EU intransigence on freedom of movement of people and immigration.
This has now backfired on them as it has led to the rise of right wing parties across Europe including Germany. Merkel has only herself to blame.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: desparado  
Date:   Tue 26 Jun 19:44

Read the other day that “the man of the people” Farage and his millionaire friends have made millions more betting on currency fluctuations ... the pound... on and around the Brexit vote. Yip beer swilling Nigel laughing all the way to the bank while the flock of sheep will bear the brunt.

Brexiteers ( the average man in the street type who believe that they will be taking back control ) should have YKK tattooed on their foreheads to go with the zip up their backs.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: parbucks  
Date:   Tue 26 Jun 21:25

If the settlement agreement between the U.K and the EU had been negotiated between business and commercial leaders it would be done and dusted by now.

At the end of the day it is commerce and its financial consequences that determine politics and governance.

Unfortunately he EU is governed by a political elite who think and behave as though they speak for their constituents and want to preserve their status.

Why can’t you Europhiles see that? It’s not democratic.

The Project :Uber Alles.



Post Edited (Tue 26 Jun 21:29)
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: Tenruh  
Date:   Tue 26 Jun 21:43

Quote:

parbucks, Tue 26 Jun 21:25

If the settlement agreement between the U.K and the EU had been negotiated between business and commercial leaders it would be done and dusted by now.

At the end of the day it is commerce and its financial consequences that determine politics and governance.

Unfortunately he EU is governed by a political elite who think and behave as though they speak for their constituents and want to preserve their status.

Why can’t you Europhiles see that? It’s not democratic.

The Project :Uber Alles.


Your second last paragraph could sumerise exactly what is happening with our governments position regards the negotiations.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: desparado  
Date:   Tue 26 Jun 22:00

Democratic.....ppfft.
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 Re: Airbus and BMW proposing to
Topic Originator: parbucks  
Date:   Tue 26 Jun 22:10

Desparado

That is really enlightening. Perhaps you could explain?



Post Edited (Tue 26 Jun 22:11)
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: parbucks  
Date:   Tue 26 Jun 22:28

Italy and Austria today reporting issues with EU immigration policies.

The clock is ticking and it is not just over the UK’s departure from the EU.

Wake up Europhiles, “the Project “ is doomed by the intransigence of Brussels and the political elite

Democracy will prevail.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: Tenruh  
Date:   Fri 29 Jun 22:39

The time is rapidly approaching for England to decide which kind of exit it wants from the EU before the carpet is pulled from under them.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: onlytakes  
Date:   Sun 1 Jul 22:14

Unfortunately, it's Britain that needs to decide as England and Wales are taking the rest of us down with it.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: Tenruh  
Date:   Mon 2 Jul 13:10

There's only one of the four counties that has the ability to take the others with them.
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 Re: Airbus and BMW proposing to quit UK
Topic Originator: onlytakes  
Date:   Mon 2 Jul 13:51

N.Ireland? Those pesky DUPers.
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