Brexit drives up financial licence applications in Luxembourg
LONDON (Reuters) - Forty-seven banks, insurers and asset managers have plans to relocate some activities from Britain to Luxembourg due to Brexit, Luxembourg for Finance said on Wednesday.
No-deal Brexit would threaten Scotch whisky export growth, say producers
EDINBURGH, Jan 22 (Reuters) - Leaving the EU in March without a deal would pose risks to Scotch whisky’s current healthy rates of export growth, the Scotch Whisky Association said on Tuesday. It told Reuters it was also concerned about significant increased labelling costs of a no-deal Brexit to Britain's biggest food and drink export. It said no-deal would add cost and complexity to UK/EU trade and would mean the loss of trade benefits worth 50 million pounds ($65 million) annually in tariffs.
If you hadn't noticed , a lot of companies don't manufacture in the UK anymore ..nothing to do with Brexit.
Why do you think he is being criticised in all the papers, on tv, and on both sides of the Brexit argument. You are right, and they must be wrong, all of them.
"We have a British company , which employs over 3,500 workers in the uk , continue to invest in this country in a big way and last year paid 95 million in uk taxes ..now people want to make him out to be a hypocrite ..he has said that the HQ move to singapore has nothing to do with Brexit and nobody has proved this to not be genuine."
Please educate us all what exactly is wrong or incorrect about my previous statement
Why did he do it?
. People just love to have a focus of attention and a bandwagon to jump on ,just read some of the headlines stirring it up . I don't agree with his no deal views but I fail to see the hypocrisy in him making a business decision which he says is nothing to do with Brexit.
The point you are missing is that he had strong views on a no deal Brexit, which he imparted on a regular basis, to anyone who would listen. He claimed that a no deal Brexit Britain would be fantastic, and a great place to do business from. He subsequently decides to build a factory in Singapore, while claiming no advantages to building it in that location. He then decides to move his head office, and the company registration. To say that other companies have exported manufacturing jobs abroad is true, but most have done so with a view to gaining a competitive advantage. Where he is not.
If anyone should be the focus of peoples anger , it should be the politicians who have created a country divide that will probably be irreperable.
People will usually focus their anger in many different directions at the same time.
Come on Mr Dyson, future-proof your company against what?
Is one of the UK’s most successful entrepreneurs – a man who says British business should embark on its post-Brexit future with optimism – guilty of saying one thing and doing another?
One is left with the company’s ambiguous phrase that the shift of head office is about “future-proofing” the business. What does that mean? What future threats – real or possible – does Dyson feel the need to protect itself against? The founder should explain what he means.
"Having the corporate base in Singapore means executives will be able to keep a closer eye on the finely tuned business whose manufacturing is focused in the region, Dyson says, without having to shuttle across the world or endure interminable conference calls at all hours"
"Having the corporate base in Singapore means executives will be able to keep a closer eye on the finely tuned business whose manufacturing is focused in the region, Dyson says, without having to shuttle across the world or endure interminable conference calls at all hours"
Not valid if the production, and head office were in the UK. They made over £1billion last year.
"Having the corporate base in Singapore means executives will be able to keep a closer eye on the finely tuned business whose manufacturing is focused in the region, Dyson says, without having to shuttle across the world or endure interminable conference calls at all hours"
Not valid if the production, and head office were in the UK. They made over £1billion last year.
"“There’s so much uncertainty caused by Brexit,” adds Bailey. “Investment in the UK car industry has collapsed over the past few years because companies don’t know what it means for their supply chains.”
He adds the UK has long been a volatile environment for the car sector, and with plants effectively mobile and easily encouraged to set up in countries willing to help fund them, he wouldn’t expect any major manufacturer to start building cars here at the moment.
Perhaps just having much of the design work and testing here is the best the UK can hope for from Dyson.
“While manufacturing here is going to be a tough case to make for the car industry, what we do have is incredible ecosystem of automotive design and engineering,” says Mr Bailey. “We’ve got universities with amazing courses in the subject and a heritage of engineering.
Delaying Brexit won't solve anything may tells mps ""The decision remains the same - the deal, no-deal or no Brexit," she said at Prime Minister's Questions.
"Having the corporate base in Singapore means executives will be able to keep a closer eye on the finely tuned business whose manufacturing is focused in the region, Dyson says, without having to shuttle across the world or endure interminable conference calls at all hours"
Not valid if the production, and head office were in the UK. They made over £1billion last year.
"“There’s so much uncertainty caused by Brexit,” adds Bailey. “Investment in the UK car industry has collapsed over the past few years because companies don’t know what it means for their supply chains.”
He adds the UK has long been a volatile environment for the car sector, and with plants effectively mobile and easily encouraged to set up in countries willing to help fund them, he wouldn’t expect any major manufacturer to start building cars here at the moment.
Perhaps just having much of the design work and testing here is the best the UK can hope for from Dyson.
“While manufacturing here is going to be a tough case to make for the car industry, what we do have is incredible ecosystem of automotive design and engineering,” says Mr Bailey. “We’ve got universities with amazing courses in the subject and a heritage of engineering.
Delaying Brexit won't solve anything may tells mps ""The decision remains the same - the deal, no-deal or no Brexit," she said at Prime Minister's Questions.
Delaying Brexit won't solve anything may tells mps ""The decision remains the same - the deal, no-deal or no Brexit," she said at Prime Minister's Questions.
If they can manage to get no deal off the table, it will then become a choice of a deal or no Brexit. Which gives her a much better chance of getting a deal through.
Brexit news latest: Britain's counter-terror chief says no-deal outcome would leave UK and EU in 'very bad place'
The country's most senior counter-terrorism police officer has said he finds the prospect of a no-deal Brexit "incredibly concerning". Leaving the European Union without continued access to shared data and intelligence systems would put the UK and Europe in a "very bad place", Neil Basu said. The head of UK counter-terrorism policing said there was a central team working on contingency plans to understand how to cope with a no-deal divorce from the bloc.
Michel Barnier says EU will never agree to Theresa May's 'Plan B' Brexit deal
Michel Barnier has suggested the UK should pursue a softer Brexit The EU has told Theresa May her ‘Plan B’ is dead in the water, insisting the Withdrawal Agreement is the “only possible divorce treaty”. Michel Barnier, the EU’s chief negotiator, said there was no prospect of Mrs May successfully securing a time-limit on the Irish backstop The comments would appear to increase the likelihood of Article 50 being delayed beyond March 29th, thereby delaying the date Britain actually leaves the EU. Mr Barnier told the French newspaper Le Monde: “The British are at a moment of truth. They need time and we must respect this democratic time. But I think that an orderly agreement will be generally in conformity with the treaty which is there. It’s not just a speech, but 600 pages of legal security elements. This is the only possible divorce treaty.”
Rees-Mogg says reformed Brexit deal could win over critics
Jacob Rees-Mogg says he believes Theresa May's Brexit deal could be "reformed" to win round opponents. The Brexiteer said he had more optimism that "things were going our way" with EU members prepared to make changes. But he said as long as the Northern Ireland "backstop" was there - the last resort to prevent a hard border - he would not vote for the deal. The EU's negotiator Michel Barnier said there were currently only two Brexit options - the PM's deal or no deal.
Brexit news latest: Britain's counter-terror chief says no-deal outcome would leave UK and EU in 'very bad place'
The country's most senior counter-terrorism police officer has said he finds the prospect of a no-deal Brexit "incredibly concerning". Leaving the European Union without continued access to shared data and intelligence systems would put the UK and Europe in a "very bad place", Neil Basu said. The head of UK counter-terrorism policing said there was a central team working on contingency plans to understand how to cope with a no-deal divorce from the bloc.
Brexit news latest: Britain's counter-terror chief says no-deal outcome would leave UK and EU in 'very bad place'
The country's most senior counter-terrorism police officer has said he finds the prospect of a no-deal Brexit "incredibly concerning". Leaving the European Union without continued access to shared data and intelligence systems would put the UK and Europe in a "very bad place", Neil Basu said. The head of UK counter-terrorism policing said there was a central team working on contingency plans to understand how to cope with a no-deal divorce from the bloc.
Brexit news latest: Britain's counter-terror chief says no-deal outcome would leave UK and EU in 'very bad place'
The country's most senior counter-terrorism police officer has said he finds the prospect of a no-deal Brexit "incredibly concerning". Leaving the European Union without continued access to shared data and intelligence systems would put the UK and Europe in a "very bad place", Neil Basu said. The head of UK counter-terrorism policing said there was a central team working on contingency plans to understand how to cope with a no-deal divorce from the bloc.
The National Health Service may have to be replaced with an insurance system within the next decade, Nigel Farage has said.
The Ukip leader said anyone who believed the current way of paying for medical care in the UK had to be preserved “frankly isn’t thinking” and that he was open to “rethink[ing] the whole thing”.
Comments
LONDON (Reuters) - Forty-seven banks, insurers and asset managers have plans to relocate some activities from Britain to Luxembourg due to Brexit, Luxembourg for Finance said on Wednesday.
https://uk.finance.yahoo.com/news/brexit-drives-financial-licence-applications-luxembourg-092531198--sector.html
EDINBURGH, Jan 22 (Reuters) - Leaving the EU in March without a deal would pose risks to Scotch whisky’s current healthy rates of export growth, the Scotch Whisky Association said on Tuesday.
It told Reuters it was also concerned about significant increased labelling costs of a no-deal Brexit to Britain's biggest food and drink export.
It said no-deal would add cost and complexity to UK/EU trade and would mean the loss of trade benefits worth 50 million pounds ($65 million) annually in tariffs.
https://uk.finance.yahoo.com/news/no-deal-brexit-threaten-scotch-180005974.html
Come on Mr Dyson, future-proof your company against what?
Is one of the UK’s most successful entrepreneurs – a man who says British business should embark on its post-Brexit future with optimism – guilty of saying one thing and doing another?
One is left with the company’s ambiguous phrase that the shift of head office is about “future-proofing” the business. What does that mean? What future threats – real or possible – does Dyson feel the need to protect itself against? The founder should explain what he means.
https://www.theguardian.com/business/nils-pratley-on-finance/2019/jan/22/come-on-mr-dyson-future-proof-your-company-against-what
This made me howl on twitter :
More
Replying to @mrjamesob
At least the Royal Family are doing their best to improve the fortunes of Jaguar Land Rover. Can't say fairer than that.
2 replies 2 retweets 96 likes
Reply 2 Retweet 2 Like 96
Jaime Solloso
@jsolloso
17h17 hours ago
More
Jaguar Land Rover isn't British 😁
2 replies 1 retweet 32 likes
Reply 2 Retweet 1 Like 32
Paul Thornton
@mrpaulthornton
16h16 hours ago
More
Neither are the royal family 😁
7 replies 1 retweet 258 likes
Reply 7 Retweet 1 Like 258
dean redmond
@DeanRed123
14h14 hours ago
More
That’s a quality tweet right there.
"Having the corporate base in Singapore means executives will be able to keep a closer eye on the finely tuned business whose manufacturing is focused in the region, Dyson says, without having to shuttle across the world or endure interminable conference calls at all hours"
Not valid if the production, and head office were in the UK.
They made over £1billion last year.
He adds the UK has long been a volatile environment for the car sector, and with plants effectively mobile and easily encouraged to set up in countries willing to help fund them, he wouldn’t expect any major manufacturer to start building cars here at the moment.
Perhaps just having much of the design work and testing here is the best the UK can hope for from Dyson.
“While manufacturing here is going to be a tough case to make for the car industry, what we do have is incredible ecosystem of automotive design and engineering,” says Mr Bailey. “We’ve got universities with amazing courses in the subject and a heritage of engineering.
Delaying Brexit won't solve anything may tells mps ""The decision remains the same - the deal, no-deal or no Brexit," she said at Prime Minister's Questions.
The country's most senior counter-terrorism police officer has said he finds the prospect of a no-deal Brexit "incredibly concerning".
Leaving the European Union without continued access to shared data and intelligence systems would put the UK and Europe in a "very bad place", Neil Basu said.
The head of UK counter-terrorism policing said there was a central team working on contingency plans to understand how to cope with a no-deal divorce from the bloc.
https://www.msn.com/en-gb/news/brexit/brexit-news-latest-britains-counter-terror-chief-says-no-deal-outcome-would-leave-uk-and-eu-in-very-bad-place/ar-BBSC42m?ocid=spartandhp
Michel Barnier has suggested the UK should pursue a softer Brexit
The EU has told Theresa May her ‘Plan B’ is dead in the water, insisting the Withdrawal Agreement is the “only possible divorce treaty”.
Michel Barnier, the EU’s chief negotiator, said there was no prospect of Mrs May successfully securing a time-limit on the Irish backstop
The comments would appear to increase the likelihood of Article 50 being delayed beyond March 29th, thereby delaying the date Britain actually leaves the EU.
Mr Barnier told the French newspaper Le Monde: “The British are at a moment of truth. They need time and we must respect this democratic time. But I think that an orderly agreement will be generally in conformity with the treaty which is there. It’s not just a speech, but 600 pages of legal security elements. This is the only possible divorce treaty.”
https://uk.yahoo.com/news/george-osborne-brexit-delay-likely-option-event-no-deal-074731373.html
Jacob Rees-Mogg says he believes Theresa May's Brexit deal could be "reformed" to win round opponents.
The Brexiteer said he had more optimism that "things were going our way" with EU members prepared to make changes.
But he said as long as the Northern Ireland "backstop" was there - the last resort to prevent a hard border - he would not vote for the deal.
The EU's negotiator Michel Barnier said there were currently only two Brexit options - the PM's deal or no deal.
https://www.bbc.co.uk/news/uk-politics-46971390
What do you think his motive for lying would be?
Skip to 39 mins(Final Decision)
The Ukip leader said anyone who believed the current way of paying for medical care in the UK had to be preserved “frankly isn’t thinking” and that he was open to “rethink[ing] the whole thing”.
Slightly different to the words on the bus then..