milo
Jack L. Jones
I had been mulling over the same conclusion about the decision to knock back the Heathrow decision and the gap between the end of March and the German general election.
If you get a chance try to watch Adam Curtis's 'Hyper Normalisation' http://www.bbc.co.uk/iplayer/episode/p04b183c/adam-curtis-hypernormalisation
I watched that yesterday, almost three hours of drivel.
It's late, I'm passed cos I've been our celebrating my mums 80th so I'm giving this a line even though I don't know what the fudge you mean
Their team may be sinking but there is good news on the work/ business front for Sunderland.
http://www.bbc.com/news/business-37787890
Good news indeed. I wonder what the sweetners were that the government gave them in order to get them to commit and whether the same deal will be on offer to other companies.
However, business secretary Greg Clark said there was "no question of financial compensation" for Nissan.
However, business secretary Greg Clark said there was "no question of financial compensation" for Nissan.
Hopefully they reversed the worst decision made in government in the last few decades - the commitment to force businesses to pay double the market rate for employees.There is more than one type of sweetner and Greg Clark's statement leaves plenty of room for those. The Nissan chief exec has previously been very vocal on the importance of European trade and access to the EU to them
https://www.theguardian.com/busines...s-sunderland-uk-car-plant-hinges-brexit-talks
http://www.independent.co.uk/news/b...investment-fears-council-leader-a7348066.html
https://www.theguardian.com/busines...e-carlos-ghosn-meets-theresa-may-brexit-talks
now something has changed between between then and now.
"The support and assurances of the UK government enabled us to decide that the next-generation Qashqai and X-Trail will be produced at Sunderland," said Carlos Ghosn, Nissan's chief executive
Hopefully they reversed the worst decision made in government in the last few decades - the commitment to force businesses to pay double the market rate for employees.
May's a fudgewit, she's made that clear already - we just have to hope those around her understand economics.Unlikely, given what May has said so far and I doubt that it would be a major factor for a company like Nissan.
This thread is interesting
May's a fudgewit, she's made that clear already - we just have to hope those around her understand economics.
I can guarantee the minimum wage would affect Nissan - it has had a knock-on effect a long way up the wage chain. Their labour costs will be higher and for no good reason.
Doesn't the government already fund R&D with massive tax breaks? We knocked a fortune off of our tax bill last year with a few hours' work submitting an R&D claim.
You seem to think the only the EU has a hand to play in negotiations. If that were the case, there would be none to have.How much of Nissan's supply chain is within the UK? I would expect tariffs, customs and proof of origin checks to be far more of an issue for them.
The two problems that I see with sweetners is that everyone else will be queuing up to get one and if the EU thinks that we are giving state subsidies then the cost of access to the single market will be higher to compensate for this.
You seem to think the only the EU has a hand to play in negotiations. If that were the case, there would be none to have.
Customs will be simple - the process already is with most of the world. Tarrifs are unlikely to be high - the whole world is moving away from tariffs, no serious politician or economist would recommend them. What proof of origin checks would be required that aren't in existence now? We already have to know the origin of our imports, I find it hard to imagine that passing on that information would outweigh the mountains of bureaucracy created by the EU.
Under current EU regulations we have to record the source of anything we import and any subsequent export from then on. There's no extra work involved in proving the origin of items as we're already forced to do so.Proof of origin checks between us and the EU could be very costly to British industry. The EU will not want us sitting outside undercutting them. If we want to do that then access to their market may be more costly. One alternative way to tariffs of doing that is making British manufactures show that all good we produce are British in origin. As many contain components produced elsewhere and many British companies make components used in goods manufactured on the continent, this would be very costly and vastly more bureaucratic than anything that we have now.
I would assume that this is something that we would be looking to resolve in any trade agreement or interim measure but that will probably require us to continue to meet current EU market rules.