Be Excellent To Each Other

Losing freedom of movement with the EU is very bad for the UK tech startup scene. Startups have a strong requirement to recruit the best people they can, but they don't have time or money to spend on sorting out visas. London has enjoyed some success to date because it can easily pull people from all over Europe; but it was already hampered by being too expensive. Post-Brexit I think it'll become less desirable as a place to set up shop.

Exactly why we should be trying to poach the U.S.people who are hacked off, especially as they will most likely only speak English.

BMW considers making electric Mini outside UK because of Brexit

Move to quit EU sparks uncertainty over where to manufacture battery-driven car

BMW is considering making an electric version of the Mini outside the UK because of the uncertainty posed by Britain’s decision to leave the EU.

The German carmaker has owned the British marque since 1994 and manufactures all but two models in the UK.

But the first battery-powered edition of the car, which is set to go on sale in 2019, may be manufactured on the continent, the company said.


BMW said a final decision would be taken this year, adding “we’ve got to make sure we have the best business case possible”.

Spokeswoman Emma Begley said: “The result of the EU referendum creates uncertainty for the automotive sector in general and for overseas investors in particular. Uncertainty is not helpful when it comes to making long-term business decisions.”

"What's that deal you did with Nissan? We want some of that."

Ditching a whole workforce, building a new car plant and then training another one probably isn't free.

I suppose it partially depends how credible their alternatives are in each case. They aren't all going to automatically be taken seriously if there's any suspicion that they're not. Ditching a whole workforce, building a new car plant and then training another one probably isn't free.

My hunch is that, over the years ahead, the political price of leaving the EU may turn out to be greater than the economic cost.

Many believed this, yet the bitter irony is that the “divorce settlement” – that is, the cost of leaving Europe – may involve paying out much larger sums of money than that.

The EU Chief Negotiator has estimated that our bill for exit may total between €40 billion to €60 billion.

I find this figure very contentious. But the bill will be substantial: billions, not millions, and very unpalatable. It will come as a nasty shock to voters who were not forewarned of this – even in the recent White Paper.

if cars and aerospace were to get favourable deals, why not textiles and widgets? How would the Government soothe the ire of those not receiving preferential treatment?

Bmw to build eMini in Europe, says a man in The Twitter because Brexit

Yeah, but they'll still want to sell them here, won't they? Eh? Eh?

Daniel "absolutely no one is talking about leaving the single market" Hannan?

Funny that, I bought Tim Shipman's All Out War: The Full Story of How Brexit Sank Britain's Political Class last week. Haven't started it yet, haven't been in the mood for non-fiction.

It's more bath-friendly too.

Prices in the UK are now rising at an annual rate of more than 3% in the latest evidence of economic fallout from the EU referendum, according to figures seen by Sky News.

The sharp jump implies that real incomes are falling for the first time since 2014 - the clearest sign yet that households are being squeezed as a result of the decision to leave the EU.

While the UK's official inflation measure, the consumer price index, was 1.8% in January - well below the 2.7% annual rate at which wages are rising - economists have warned that because many of the CPI datapoints are collected manually the index is sometimes slow to reflect sharp changes in prices.

A well-respected measure of UK prices devised by MIT economists and collected from retailers online shows prices have been rising much faster lately.

Philip Hammond will present his first full Budget on Wednesday, but don't expect any fireworks

The PriceStats inflation measure, published by State Street and seen by Sky News, shows that while prices were only rising at an annual rate of less than 1% before the referendum, the rate has risen to 3.3% in recent weeks.

The statistics imply that real wages, pay growth adjusted for inflation, may now be falling at an annual rate of 0.6% - compared with the positive 0.9% growth rate implied by the official inflation data.

Shame we can't just tax every stupid fucking thimble-brained cunt who voted for this shite.

http://news.sky.com/story/uk-prices-rising-faster-after-brexit-vote-10792922?dcmp=snt-sf-twitter


We're a net importer in lots of key market segments and our currency is in the shitter. There's a lag from that before we feel the effects in the market but I think it's happening now.

The pound dipped below $1.22 against the dollar this morning, slipping after softer than expected readings on UK house prices and retail sales last month and ahead of another House of Lords debate on the triggering of Article 50 today.

Sterling is down 0.25 per cent against the dollar this morning at $1.2199 – the lowest since January 17. The exchange rate has declined for seven of the last eight trading days as latest survey data from the UK economy suggests activity has slowed at the start of the year.
...
Sterling is also softening ahead of Philip Hammond’s first budget due tomorrow, which comes amid a backdrop of a slowing UK economy. Survey data from the private sector and on consumer spending has moderated in 2017, as higher inflation begins to pinch households and raise business import costs.

Earlier today, retail sales figures from the British Retail Consortium were lower than expected in February, with non-food retail sales dipping for the first time since 2011. Meanwhile, the price of goods sold in the country’s supermarkets has grown at the fastest pace in over two years, according to Kantar.

Supermarket sales seem to be lower than expected across the board, so I am told.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

You know the problem? Filthy poor people using food banks instead of contributing to our marvelous, booming economy. We should ban them.

Poor people or food banks?

But the FTSE 250 doing as well as it was 3 years ago means we're all rich now surely?

Deliberately left ambiguous. I'm being a big-picture conservative. Implementation details can be left to others.

OK then, how exactly have I provoked you personally, Myp? I'm seriously interested. Examples please.

This latest unprovoked trolling being directed at me, presumably? Again?

I'm not attacking you personally. Grow a thicker skin!

I'm making fun of your bad opinions and poor data analysis

It ain't all about you, snowflake.

Dry your eyes son. Tell someone who gives a fuck.

He's not wrong. Argue the facts all you like but this is getting childish as all hell now

Cavey makes the occasional comment and you (and Doc) throw them back in his face every single time he posts. It's ruining the politics threads, so put a sock in it, eh?