So Brexit seems to be a good thing then.
#6511
Scooby Regular
iTrader: (1)
Well pointed out Wurzel!
JD Sports now also complaining about the headache from Brexit and moving jobs from the UK to EU now!
https://www.independent.co.uk/news/b...-b1799804.html
Brexiteers will argue that the profits still come back to the UK, which is true, but those employees don't pay taxes in the UK and don't spend their earnings in the UK, so there is still a net loss to the UK and the business itself has extra costs in making the investment and additional management costs in running a new location far away from their HQ.
JD Sports now also complaining about the headache from Brexit and moving jobs from the UK to EU now!
https://www.independent.co.uk/news/b...-b1799804.html
Brexiteers will argue that the profits still come back to the UK, which is true, but those employees don't pay taxes in the UK and don't spend their earnings in the UK, so there is still a net loss to the UK and the business itself has extra costs in making the investment and additional management costs in running a new location far away from their HQ.
#6512
Scooby Senior
But its not increased profit, its reduced profit because of the additional costs of operating a new location and relocating jobs to that location. I only said the profits still come back to the UK, the profits will still be less than they were before Brexit. Relocating just means the loss to the business caused by Brexit is less that it would be if they continued to operate only in the UK!
#6513
Scooby Regular
iTrader: (1)
But its not increased profit, its reduced profit because of the additional costs of operating a new location and relocating jobs to that location. I only said the profits still come back to the UK, the profits will still be less than they were before Brexit. Relocating just means the loss to the business caused by Brexit is less that it would be if they continued to operate only in the UK!
#6515
Scooby Senior
How are profits going to be higher? They are not moving warehousing to the EU to grow the business, they are doing it to reduce losses they are now incurring supplying their existing EU based stores out of the UK! It's purely a case of cutting your losses!
#6516
Scooby Regular
iTrader: (1)
You're assuming that the expense of setting up an office or distribution is always going to be more expense with less profit. Our company was supplying from UK pre'16 but clients wanted a local presence before increasing orders. No guarantees, and certainly a risk to the company to invest, but paid in spades in just a short while. Business doesn't give a sh!!t were it comes from as long as it a good service product..
Eu is a closed cartel. We as a country are no longer in it, but good businesses will always find a way. ergo European office. You dont need the EU for that
#6519
Scooby Senior
You're assuming that the expense of setting up an office or distribution is always going to be more expense with less profit. Our company was supplying from UK pre'16 but clients wanted a local presence before increasing orders. No guarantees, and certainly a risk to the company to invest, but paid in spades in just a short while. Business doesn't give a sh!!t were it comes from as long as it a good service product..
Eu is a closed cartel. We as a country are no longer in it, but good businesses will always find a way. ergo European office. You dont need the EU for that
Eu is a closed cartel. We as a country are no longer in it, but good businesses will always find a way. ergo European office. You dont need the EU for that
JD Sport is a mature business with a large network of retail outlits accross the EU. Up to now they have had a single supply point from the UK which has been established long before Brexit and with friction free distribution.
I don't know who you work for or what they do or what you do for them, but from what you have said, there seems to be very little in comparrison with the likes of JD Sport. In the cloathing and sporting goods retail sector, there is no growth, you can only hope that you can cut your losses moving to online retail and most companies are way behind the curve on that. In an already very difficult sector, Brexit has thrown a spanner in the works to companies like JD Sport who now have to make unplanned investments to cut out multi-million pound losses that Brexit is inflicting on their distribution network.
#6522
Scooby Senior
Tell that to the poor souls who are now going to loose their jobs that their employer would have prefered to keep in the UK on the promise of continued friction free trading with the EU!
#6523
BM, it is blatantly obvious that Andy does not give a **** about anyone other than himself and Elon.
#6524
Scooby Senior
So, the city of London is no longer the top trading center in Europe! Well done Brexit
London loses out as Europe's top share trading hub
London loses out as Europe's top share trading hub
#6525
Scooby Regular
Is it simply a coincidence that the strongest proponents for opening up the country after lockdown are brexiteers
hell bent on savin the brexit wrecked econmy
hell bent on savin the brexit wrecked econmy
#6527
Moderator
iTrader: (1)
****, so I've been riding my mountfield 827 uninsured! I wonder would I have declare the mods, as I've disabled the safety shut offs (so I can push it when it's stuck and use it without the grass box), and fitted fabricated rose joint track rods.
I did have a 24" Webb with a Villiers engine that was a total liability...it had a sticky engine speed governor and a fly-off clutch lever that had a nasty habit of self-engaging when left running unattended.....it was no slouch it could out-accelerate a 50cc moped ....
I did have a 24" Webb with a Villiers engine that was a total liability...it had a sticky engine speed governor and a fly-off clutch lever that had a nasty habit of self-engaging when left running unattended.....it was no slouch it could out-accelerate a 50cc moped ....
The following 2 users liked this post by ALi-B:
#6528
Scooby Senior
iTrader: (1)
Join Date: Nov 2000
Location: Wildberg, Germany/Reading, UK
Posts: 9,706
Likes: 0
Received 73 Likes
on
54 Posts
But Britain voted to leave the EU as Europe is the scurge of evil so why are they so desperate to go there?
https://news.sky.com/story/proposed-...urope-12233743
https://news.sky.com/story/proposed-...urope-12233743
#6530
Scooby Regular
iTrader: (1)
But Britain voted to leave the EU as Europe is the scurge of evil so why are they so desperate to go there?
https://news.sky.com/story/proposed-...urope-12233743
https://news.sky.com/story/proposed-...urope-12233743
#6532
Scooby Senior
But Britain voted to leave the EU as Europe is the scurge of evil so why are they so desperate to go there?
https://news.sky.com/story/proposed-...urope-12233743
https://news.sky.com/story/proposed-...urope-12233743
#6535
Scooby Senior
#6539
Scooby Regular
iTrader: (1)
Its only been a few weeks.
Lots of groundwork to be done first.
I noted several freeport's are going to be setup🛳️🛳️🛳️. De-regulation. Taking unilateral decisions on poor arrangements are all available to the UK 😁