Brexit, for once some facts.

oldgroaner

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Nov 15, 2015
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Latest from "Cloud Cuckoo Land" AKA Sunday Express
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‘Angela Merkel is VERY worried’ Britain has finally found EU’s achilles, John Redwood says
ANGELA Merkel has been rattled by a surge in support for a no-deal Brexit by UK voters, according to senior Tory John Redwood.

Surge of support for a no-deal Brexit?
Only among those devoid of intelligence, or who have some sinister motive for wanting that.
There is of course the point that it could act as an Oven Cleaner Enema to the Constipated thinkers among the Brexit voters.
Every bit as Educational as "Being Rogered with a Rag Man's Rusty Trumpet" as the local saying goes.
The truth is the EU has realised that the UK Government are utterly incompetent and will have to be led by the nose step by step till they do exactly what the EU want them to do.

Redwood's comments are exactly in line with my earlier posts where I stated that the EU would impose it's terms and our bunch of clowns would present this as a great victory for "US"

Once more the Tory "Big Lie" mechanism will invert the true fact that they have been beaten. and Brexit Voters will fall for it yet again.
 
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oldtom

Esteemed Pedelecer
‘Angela Merkel is VERY worried’ Britain has finally found EU’s achilles, John Redwood says
ANGELA Merkel has been rattled by a surge in support for a no-deal Brexit by UK voters, according to senior Tory John Redwood
I'm filing that under 'Fake News' promulgated by the tory media wing. Their propaganda department seems to be working overtime right now in their desperation to shore up the dwindling support, even among their own troops, for any kind of deal.....or no deal!

If we end up out of the EU, regardless of the kind of deal with which we leave, I have no doubt the headlines will be jingoistic in the extreme with adjectives such as 'courageous', 'victorious' and the like flowing from the keyboards of the employees of their friends and benefactors, the mainstream media moguls.

The wholly unsuited and incompetent May will become the new Boadicea but will still be unseated long before the next GE, as the hawks will have their next party leader identified well before that date.

Leaving all that speculation aside, these lexicographic definitions and visual information aids have appeared and are uncannily accurate and appropriate:
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DKMX5jWX0AUwMMk.jpg

Tom
 

Kudoscycles

Official Trade Member
Apr 15, 2011
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In many ways it's irrelevant. The pound against other currencies goes up and down most days of the week, as do Stocks and Shares. However, with Brexit that brought uncertainties and it went down. OK, imports, some, not all, are more expensive, but our exports are cheaper, so we sell more - that's good for 'real' jobs and there are still plenty of them. Fear not, the Pound will rise again and in many way Harold Wilson, was right. You might have noticed that out tax revenues went up the last quarter so much so that the deficit was significantly reduced.
We import a lot of stuff into the UK,most of this stuff is priced in US dollar or euro. When the pound bombed post brexit all imports became about 20% more expensive,for a time this was offset by old stocks and forward bought money. Most businesses then put their prices up by about 20% so those euro countries buying pound priced product were not really any better off,which is why exports did not grow much,we didn't sell more!!!
The pound has recently strengthened against the dollar but continues very weak against the euro but most businesses are so uncertain about future pound strength they are leaving prices at the new level.
UK consumers seem to have accepted prices at the new level,the poor are having a tough time.....it's no wonder 8 million people in the UK are described as financially vulnerable.
The UK market for most retailers is currently very flat but exports are stable,we will commit financial suicide if we lose access to the EU market...I think most of our government realise this but the right wing Tory bastards accept this as an acceptable damage to get their power back.
Having said the above I think May should pull all the negotiators from Brussels and plan to crash out,the EU think we are a mouse country that can be pushed into giving them lots of money.....when farmers in Europe realise WTO will put 30% tariff on all farm produce and German car manufacturers realise that we will buy many less cars.....they will start chasing us for some post Brexit deal but they don't believe we are serious about crashing out. If we do crash out there will be a lot of suffering in the UK.project fear will then become real.
KudosDave
 

Kudoscycles

Official Trade Member
Apr 15, 2011
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that point of view is not incompatible with what the UK is seeking.
As I said, the UK will place citizens right and security cooperation above trade. We'll will probably sort out citizens rights, euratom, open skies, europol, erasmus etc and 2 year transition before October 2018.
The trade deal will be completed in the transition period.
Pensioners will be able to retire to Spain, the Pound will get back to pre vote level etc, people's life won't be disrupted further. Not much to worry about.
Have you woken up yet !!!!!
 

anotherkiwi

Esteemed Pedelecer
Jan 26, 2015
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The European Union
Ok ,let's just assume that our country is not divided,assume that the Tories are not divided and both Leavers and Remainers join together behind our government.
HOW DO WE GET OUT OF THE MESS WE ARE IN?????
KudosDave
The English way! Muddle your way!
 
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Woosh

Trade Member
May 19, 2012
19,475
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Southend on Sea
wooshbikes.co.uk
Ok ,let's just assume that our country is not divided,assume that the Tories are not divided and both Leavers and Remainers join together behind our government.
HOW DO WE GET OUT OF THE MESS WE ARE IN?????
KudosDave
as AKW said, we'll muddle through the mess.
BTW, hard brexit is dead.
Even if TM resigns, I don't think the hard brexiteers among the PCP are strong enough to take over.
The tories have always been scared of the right wing press, nothing new there, but when push come to shove, the only way for them to cling to power is a well negotiated soft brexit.
 
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oldtom

Esteemed Pedelecer
This report from 'The Guardian' in the attached link, describing a letter from the CBI and various billionaire business moguls is absolutely ludicrous.

The reason I say that is that following the tory misgovernment's decision to implement A50 and initiate secession procedures, everyone knew and understood that we had two years to agree a new deal with our EU neighbours, any failure to so do resulting in the UK having to default to WTO terms.

Therefore, that two year period is the interim or transitional period and the choice of when to begin that transition was always in the hands of the UK government.

Now it seems some of these business tycoons are running scared, having seen the clueless Davis & Co fail miserably after several months spent posturing in front of a clearly unimpressed EU delegation in Brussels. May handpicked the team of buffoons charged with securing a deal from the EU but not content with their progress, she has decided to sideline them while she takes personal charge of the negotiations.

This fiasco shows no sign of improvement so I am now firmly of the view that the time has come to either, rescind the A50 provisions, apologise for being a nuisance and get on with life inside the EU but playing a full part in future or, do the courageous thing and just exit, let it all crash and burn and see where the UK finishes up in an independent, natural selection kind of way.

The theme from M.A.S.H. was called 'Suicide is painless' so let's see how many 'Brexidiots' agree with that sentiment after the event.

uk-business-chiefs-unite-urgent-brexit-transition-deal-david-davis

Tom
 
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oldtom

Esteemed Pedelecer
There is no doubt that Banks did more than most to make Brexit happen – the question is, how could he afford it?"
Err......has he perhaps got one of those 'money trees' that seem to be becoming very fashionable of late?

Clearly, a bit of investigative journalism has uncovered some amazing arithmetic....or lack of it! We remain none the wiser but the whole business surrounding Mr Banks stinks.

Tom
 
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Woosh

Trade Member
May 19, 2012
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wooshbikes.co.uk
ok, so here's a question I never thought I'd be asking, but might become very important.

What's the WTO tariff on bicycles, and bicycle componments, and eBikes??

I can't find anything on-line.
more or less same as now.

the UK and EU will have to notify WTO members any changes to their schedules, in the case of the UK, new schedules that are based on current trading conditions.
Trading with the EU will probably be based on most favoured nations.
E-bikes from the EU would probably attract 2.7% duty, from China still at 6% duty.
components would attract 4.7%, electronics 0% or 2.5%
No need to lose sleep over it.
 
more or less same as now.

the UK and EU will have to notify WTO members any changes to their schedules, in the case of the UK, new schedules that are based on current trading conditions.
Trading with the EU will probably be based on most favoured nations.
E-bikes from the EU would probably attract 2.7% duty, from China still at 6% duty.
components would attract 4.7%, electronics 0% or 2.5%
No need to lose sleep over it.
same as now what? Same as now with EU, same as now with China, same as now with Australia?

We'll be on a flat rate with everyone until deals with everyone can be done.

There will be a flat rate WTO rate, so are you saying that's 6% on eBikes?

Your "more or less" statement makes it sound like you don't actually know.
 
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flecc

Member
Oct 25, 2006
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Finding export rates is easy, finding import rates very difficult with companies like Pitney Bowes making money by selling the necessary documentation.

To sell bikes into China under WTO rules means a 25% tariff, since it's part of their class 2 protected market, but to import from China probably means the opposite, a moderate rate.
.
 
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