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Brexit

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  • HAYSIEHAYSIE Member Posts: 34,811
    tomgoodun said:

    British entrepreneur James Dyson was a prominent supporter of Brexit. Now, he's moving his company to Singapore

    Any cynics here? 😏

    Yeah saw it on the news. Pity that Tim Martin couldn't move his pubs to Singapore.
  • HAYSIEHAYSIE Member Posts: 34,811
    Brexit: No-deal outcome to hurt every UK region with northeast England hit hardest, study predicts

    No-deal Brexit will significantly hurt the economy of all UK regions with northeast England most severely damaged, new research has predicted.


    https://uk.finance.yahoo.com/news/brexit-no-deal-outcome-hurt-104700872.html
  • dobiesdrawdobiesdraw Member Posts: 2,793
    edited January 2019
    HAYSIE said:


    Nope same tune as i started with ...I clearly said at the time of the referendum I couldn't make up my mind and it would be stupid to vote on something that you were unsure on.

    I also never said I didnt explore either option , again just that I couldn't make up my mind .

    What you clearly said was that you were unsure veracity of the information that was being dispensed by the leave campaign, and therefore could not make a decision, and decided not to vote.

    The information available since has proved that the leave campaign left a lot to be desired
    In the above post you said"If you have the choice of 2 options to shape the future of the country , do you not think it would be a good idea to explore both options ...how many remainers did ?"
    I cant speak for other remainers obviously. However I did investigate both sides of the argument, came down on one side, and voted.

    How many people that didn't vote failed to look into either option?

    Should we end up in a no deal catastrophe, at least I know that I did my best to avoid it.

    If a second referendum is not going to happen, what is?

    If there was one which way would you vote?

    Or do you think an extra 30 months is not long enough to decide?

    I assume you didn't watch The Uncivil War?

    Do you really think that any leaver can say that they knew what they were voting for?

    What do you think they were voting for?

    What do you think the benefits of leaving are?

    Have you seen a single Brexit forecast from a reliable source that shows an improvement in the economy?

    When you say you couldn't make up your mind, was that because you didn't know anything about The EU, weren't aware of the repercussions of leaving, or just confused?

    You can hardly criticise remainers for not looking into both options, if you didn't?

    Do you really think the guy on the video did a good job of selling the benefits of leaving?

    If not, do you think that it may be because there aren't many, if any tangible benefits?

    Do you think that taking back control of our money, laws, and borders, will affect your life in any tangible way?

    What about sovereignty?

    What else was there about leaving?
    Bolded parts answered in order.

    No idea , how would I have ?

    An extension to article 50 and eventually a proposal that gets the backing of the house ..maybe

    Remain, but that is more to do with the fact that having seen all the major players in action to this point and the complete shambles it has become , why would I trust them to broker decent trade deals for us.

    Correct , it's a dramatisation of a real life events and by its very nature won't be a completely accurate portrayal , therefore I have no interest in watching it .

    As you can't say what other remainers did , I cant possibly know what is/was in the minds of leavers.

    A multitude of issues which we have all heard or read a million times.

    You should be putting that question to a leaver .

    You already know my opinions on forecasts and polling

    Too many contradictions , impossible imo to accurately sort fact from fiction . For every remainer claim , there will be a plausible case against and vice versa .


    already answered , but will try again ..I have never stated on this thread , that I didn't explore both of the options.

    I think he summed up pretty well what a lot of people ( including non voters ) think about the attitude of a large section of remainers.

    Not me personally at my age ..but it could affect future generations.

    What about it ?



    These in depth interrogations are so tiring , i need a lie down before you start the water torture. ;)
  • HAYSIEHAYSIE Member Posts: 34,811

    HAYSIE said:


    Nope same tune as i started with ...I clearly said at the time of the referendum I couldn't make up my mind and it would be stupid to vote on something that you were unsure on.

    I also never said I didnt explore either option , again just that I couldn't make up my mind .

    What you clearly said was that you were unsure veracity of the information that was being dispensed by the leave campaign, and therefore could not make a decision, and decided not to vote.

    The information available since has proved that the leave campaign left a lot to be desired
    In the above post you said"If you have the choice of 2 options to shape the future of the country , do you not think it would be a good idea to explore both options ...how many remainers did ?"
    I cant speak for other remainers obviously. However I did investigate both sides of the argument, came down on one side, and voted.

    How many people that didn't vote failed to look into either option?

    Should we end up in a no deal catastrophe, at least I know that I did my best to avoid it.

    If a second referendum is not going to happen, what is?

    If there was one which way would you vote?

    Or do you think an extra 30 months is not long enough to decide?

    I assume you didn't watch The Uncivil War?

    Do you really think that any leaver can say that they knew what they were voting for?

    What do you think they were voting for?

    What do you think the benefits of leaving are?

    Have you seen a single Brexit forecast from a reliable source that shows an improvement in the economy?

    When you say you couldn't make up your mind, was that because you didn't know anything about The EU, weren't aware of the repercussions of leaving, or just confused?

    You can hardly criticise remainers for not looking into both options, if you didn't?

    Do you really think the guy on the video did a good job of selling the benefits of leaving?

    If not, do you think that it may be because there aren't many, if any tangible benefits?

    Do you think that taking back control of our money, laws, and borders, will affect your life in any tangible way?

    What about sovereignty?

    What else was there about leaving?
    Bolded parts answered in order.

    No idea , how would I have ?


    I only asked that, because you asked how many remainers did.

    An extension to article 50 and eventually a proposal that gets the backing of the house ..maybe

    Ok. But to get any deal, we have to get past The Backstop.

    Remain, but that is more to do with the fact that having seen all the major players in action to this point and the complete shambles it has become , why would I trust them to broker decent trade deals for us.


    Many experts are saying the best deal is the one we have now.

    I cant forgive the shambles, but I do think that it was far more complicated than most people thought.

    Correct , it's a dramatisation of a real life events and by its very nature won't be a completely accurate portrayal , therefore I have no interest in watching it .


    I think it gave me an insight as to how the campaign evolved, and how people were manipulated.

    As you can't say what other remainers did , I cant possibly know what is/was in the minds of leavers.


    I think that for many it was a protest vote, but the protest should have been against The Government rather than The EU.

    already answered , but will try again ..I have never stated on this thread , that I didn't explore both of the options.

    I think he summed up pretty well what a lot of people ( including non voters ) think about the attitude of a large section of remainers.


    The debate has split the country, Parliament, even families, and caused divorces. It has been quite bitter at the extremes, but I don't think this is confined to the remain side.

    Not me personally at my age ..but it could affect future generations.

    Any Brexit affects the economy adversely, I cant see how that may benefit future generations. The gains are intangible for most people, and the loss of freedoms may be regretted now and in the future.

    What about it ?
    I wondered if you saw any benefits to you, in the taking back control of our Sovereignty. borders, money, and laws. I don't think that there are any tangible benefits to me.

  • rainman215rainman215 Member Posts: 1,186
    https://youtu.be/CDVWNNuqukw
    Haysie will you still want to remain, if France pull out of the eu ?
  • dobiesdrawdobiesdraw Member Posts: 2,793
    "An extension to article 50 and eventually a proposal that gets the backing of the house ..maybe

    Ok. But to get any deal, we have to get past The Backstop"

    But a tiny gap might just have emerged from an unlikely source, the Irish leader Leo Varadkar himself.

    Speaking in Dublin this afternoon he was talking in familiar terms about how a hard border wasn't acceptable and couldn't be allowed to happen.

    That's why, he repeated forcefully, the backstop was required.

    https://www.bbc.co.uk/news/uk-politics-46966254
  • dobiesdrawdobiesdraw Member Posts: 2,793
    edited January 2019
    tomgoodun said:

    British entrepreneur James Dyson was a prominent supporter of Brexit. Now, he's moving his company to Singapore

    Any cynics here? 😏

    While the timing might not be to everyones taste , I'm quite sure he doesn't run his business around parliaments agenda and if the move was announced post Brexit , then people would still be speculating that is as a consequence of Brexit and not just a business decision.

    "The company was keen to stress that it will still be investing money in its British bases.

    Mr Rowan said it would be spending £200m in new buildings and testing facilities in Hullavington, and £44m in refreshing office space and adding new laboratories in Malmesbury as well as investing £31m for the young undergraduates at its university on the same site.

    "Malmesbury has been the epicentre for us and we will continue to invest all over the UK," he added.

    "The tax difference is negligible for us," added Mr Rowan, who confirmed that the company would be registered in Singapore, rather than in the UK.

    "We are taxed all over the world and we will continue to pay tax in the UK."

    "There will be no impact on its 4,000 workers in Britain, and according to Mr Rowan, little impact on its tax affairs either. In 2017, it paid £95 million to the Exchequer."



    Key points from the following article imo posted above >>>https://www.bbc.co.uk/news/business-46962093
  • dobiesdrawdobiesdraw Member Posts: 2,793
    Labour MP Yvette Cooper's amendment
    Attempts to rule out the UK leaving the EU without a formal deal (the no-deal option is supported by some Brexiteers but many MPs fear it will cause chaos at ports and disruption for businesses) by allowing parliamentary time to pass a new law.

    The bill to bring in the new law would require Theresa May to seek to postpone Brexit day (currently 29 March) until 31 December, if MPs do not approve her deal by 26 February.

    The prime minister would do this by asking the EU to agree to extend the two-year limit on Article 50 - the mechanism paving the way for the UK to leave the EU.

    With the backing of senior Conservative backbenchers such as Nicky Morgan and Oliver Letwin, former Lib Dem health minister Norman Lamb and Plaid Cymru's Ben Lake, it is thought the initial amendment has a good chance of success.
    https://www.bbc.co.uk/news/uk-politics-46959545
  • HAYSIEHAYSIE Member Posts: 34,811

    tomgoodun said:

    British entrepreneur James Dyson was a prominent supporter of Brexit. Now, he's moving his company to Singapore

    Any cynics here? 😏

    While the timing might not be to everyones taste , I'm quite sure he doesn't run his business around parliaments agenda and if the move was announced post Brexit , then people would still be speculating that is as a consequence of Brexit and not just a business decision.

    "The company was keen to stress that it will still be investing money in its British bases.

    Mr Rowan said it would be spending £200m in new buildings and testing facilities in Hullavington, and £44m in refreshing office space and adding new laboratories in Malmesbury as well as investing £31m for the young undergraduates at its university on the same site.

    "Malmesbury has been the epicentre for us and we will continue to invest all over the UK," he added.

    "The tax difference is negligible for us," added Mr Rowan, who confirmed that the company would be registered in Singapore, rather than in the UK.

    "We are taxed all over the world and we will continue to pay tax in the UK."

    "There will be no impact on its 4,000 workers in Britain, and according to Mr Rowan, little impact on its tax affairs either. In 2017, it paid £95 million to the Exchequer."



    Key points from the following article imo posted above >>>https://www.bbc.co.uk/news/business-46962093
    Its just a coincidence that Singapore have just done a deal with The EU.
  • dobiesdrawdobiesdraw Member Posts: 2,793
    edited January 2019
    HAYSIE said:

    tomgoodun said:

    British entrepreneur James Dyson was a prominent supporter of Brexit. Now, he's moving his company to Singapore

    Any cynics here? 😏

    While the timing might not be to everyones taste , I'm quite sure he doesn't run his business around parliaments agenda and if the move was announced post Brexit , then people would still be speculating that is as a consequence of Brexit and not just a business decision.

    "The company was keen to stress that it will still be investing money in its British bases.

    Mr Rowan said it would be spending £200m in new buildings and testing facilities in Hullavington, and £44m in refreshing office space and adding new laboratories in Malmesbury as well as investing £31m for the young undergraduates at its university on the same site.

    "Malmesbury has been the epicentre for us and we will continue to invest all over the UK," he added.

    "The tax difference is negligible for us," added Mr Rowan, who confirmed that the company would be registered in Singapore, rather than in the UK.

    "We are taxed all over the world and we will continue to pay tax in the UK."

    "There will be no impact on its 4,000 workers in Britain, and according to Mr Rowan, little impact on its tax affairs either. In 2017, it paid £95 million to the Exchequer."



    Key points from the following article imo posted above >>>https://www.bbc.co.uk/news/business-46962093
    Its just a coincidence that Singapore have just done a deal with The EU.
    Did you read the above statements ?
    My understanding is Dyson has had a presence over there for some time ...he's a brexiteer, what difference would that make to him or his company
    If the point you are making is , he thinks that Singapore has forged a better trade deal with the EU than we ever could , then I might agree with that ...still though , thats got nothing to do with his Brexit stance ..more an indication of how bad our politicians are !
  • HAYSIEHAYSIE Member Posts: 34,811

    "An extension to article 50 and eventually a proposal that gets the backing of the house ..maybe

    Ok. But to get any deal, we have to get past The Backstop"

    But a tiny gap might just have emerged from an unlikely source, the Irish leader Leo Varadkar himself.

    Speaking in Dublin this afternoon he was talking in familiar terms about how a hard border wasn't acceptable and couldn't be allowed to happen.

    That's why, he repeated forcefully, the backstop was required.

    https://www.bbc.co.uk/news/uk-politics-46966254

    Some of the arguments around The Backstop, in my view are silly.
    The plan is merely that if we don't have a deal agreed by the end of the transition period, we would move to The Backstop.
    The original plan was for NI to have access to The Customs Union, and Single Market, to avoid the need for a hard border.
    So as the consensus was that NI shouldn't be treated any differently to the rest of The UK. So the solution became the whole of The UK having access to the CU, and SM.

    The MPs objections are that The Backstop should be time limited. This is impossible as it is not possible to predict how a deal will take to negotiate.

    The other main objection is that The EU may wish to keep us in The Backstop indefinitely.

    The EU have bent over backwards and are allowing us to have SM and CU access without the obligation of Freedom of Movement, and without our usual annual payment of around £10 billion. We would be the only country allowed to be in this position. A better position than any member country. So why on earth would they want this situation to go on longer than necessary.
  • dobiesdrawdobiesdraw Member Posts: 2,793
    HAYSIE said:

    "An extension to article 50 and eventually a proposal that gets the backing of the house ..maybe

    Ok. But to get any deal, we have to get past The Backstop"

    But a tiny gap might just have emerged from an unlikely source, the Irish leader Leo Varadkar himself.

    Speaking in Dublin this afternoon he was talking in familiar terms about how a hard border wasn't acceptable and couldn't be allowed to happen.

    That's why, he repeated forcefully, the backstop was required.

    https://www.bbc.co.uk/news/uk-politics-46966254

    Some of the arguments around The Backstop, in my view are silly.
    The plan is merely that if we don't have a deal agreed by the end of the transition period, we would move to The Backstop.
    The original plan was for NI to have access to The Customs Union, and Single Market, to avoid the need for a hard border.
    So as the consensus was that NI shouldn't be treated any differently to the rest of The UK. So the solution became the whole of The UK having access to the CU, and SM.

    The MPs objections are that The Backstop should be time limited. This is impossible as it is not possible to predict how a deal will take to negotiate.

    The other main objection is that The EU may wish to keep us in The Backstop indefinitely.

    The EU have bent over backwards and are allowing us to have SM and CU access without the obligation of Freedom of Movement, and without our usual annual payment of around £10 billion. We would be the only country allowed to be in this position. A better position than any member country. So why on earth would they want this situation to go on longer than necessary.
    £274 Billion exports to the EU
    £341 Billion imports from the EU.

    https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-7851
  • HAYSIEHAYSIE Member Posts: 34,811

    HAYSIE said:

    tomgoodun said:

    British entrepreneur James Dyson was a prominent supporter of Brexit. Now, he's moving his company to Singapore

    Any cynics here? 😏

    While the timing might not be to everyones taste , I'm quite sure he doesn't run his business around parliaments agenda and if the move was announced post Brexit , then people would still be speculating that is as a consequence of Brexit and not just a business decision.

    "The company was keen to stress that it will still be investing money in its British bases.

    Mr Rowan said it would be spending £200m in new buildings and testing facilities in Hullavington, and £44m in refreshing office space and adding new laboratories in Malmesbury as well as investing £31m for the young undergraduates at its university on the same site.

    "Malmesbury has been the epicentre for us and we will continue to invest all over the UK," he added.

    "The tax difference is negligible for us," added Mr Rowan, who confirmed that the company would be registered in Singapore, rather than in the UK.

    "We are taxed all over the world and we will continue to pay tax in the UK."

    "There will be no impact on its 4,000 workers in Britain, and according to Mr Rowan, little impact on its tax affairs either. In 2017, it paid £95 million to the Exchequer."



    Key points from the following article imo posted above >>>https://www.bbc.co.uk/news/business-46962093
    Its just a coincidence that Singapore have just done a deal with The EU.
    Did you read the above statements ?
    My understanding is Dyson has had a presence over there for some time ...he's a brexiteer, what difference would that make to him or his company
    If the point you are making is , he thinks that Singapore has forged a better trade deal with the EU than we ever could , then I might agree with that ...still though , thats got nothing to do with his Brexit stance ..more an indication of how bad our politicians are !
    Dyson chooses Singapore for new electric car plant 23 October 2018


    The company will break ground on its new factory in Singapore later this year with the first car scheduled to roll off the production line in 2021.

    Singapore is one of the most expensive territories in the world to do business and space for manufacturing is at a premium in the city state.

    The company has previously said it will commit £2bn to the project, including £200m to be spent in the UK on research and development and test track facilities - much of which has already been spent.
    Dyson insisted the decision to locate production in Asia, rather than the UK, had nothing to do with Brexit.

    The company's founder, Sir James Dyson, has been a prominent advocate for Brexit and recently insisted that the UK leaving the EU with no deal would "make no difference".
    Brexit: Jaguar boss issues stark warning for jobs and profit
    Toyota says no-deal Brexit would stall production at Burnaston

    His critics say this approach is because his company is less vulnerable to the same problems as other car manufacturers, who have supply chains that include components that cross between the EU and the UK many times.
    Several major manufacturers, including BMW, Airbus and Jaguar Land Rover - who manufacture in the UK - have recently sounded dire warnings about the impact of a no-deal Brexit on UK investment




    https://www.bbc.co.uk/news/business-45950377



  • dobiesdrawdobiesdraw Member Posts: 2,793
    HAYSIE said:

    HAYSIE said:

    tomgoodun said:

    British entrepreneur James Dyson was a prominent supporter of Brexit. Now, he's moving his company to Singapore

    Any cynics here? 😏

    While the timing might not be to everyones taste , I'm quite sure he doesn't run his business around parliaments agenda and if the move was announced post Brexit , then people would still be speculating that is as a consequence of Brexit and not just a business decision.

    "The company was keen to stress that it will still be investing money in its British bases.

    Mr Rowan said it would be spending £200m in new buildings and testing facilities in Hullavington, and £44m in refreshing office space and adding new laboratories in Malmesbury as well as investing £31m for the young undergraduates at its university on the same site.

    "Malmesbury has been the epicentre for us and we will continue to invest all over the UK," he added.

    "The tax difference is negligible for us," added Mr Rowan, who confirmed that the company would be registered in Singapore, rather than in the UK.

    "We are taxed all over the world and we will continue to pay tax in the UK."

    "There will be no impact on its 4,000 workers in Britain, and according to Mr Rowan, little impact on its tax affairs either. In 2017, it paid £95 million to the Exchequer."



    Key points from the following article imo posted above >>>https://www.bbc.co.uk/news/business-46962093
    Its just a coincidence that Singapore have just done a deal with The EU.
    Did you read the above statements ?
    My understanding is Dyson has had a presence over there for some time ...he's a brexiteer, what difference would that make to him or his company
    If the point you are making is , he thinks that Singapore has forged a better trade deal with the EU than we ever could , then I might agree with that ...still though , thats got nothing to do with his Brexit stance ..more an indication of how bad our politicians are !
    Dyson chooses Singapore for new electric car plant 23 October 2018


    The company will break ground on its new factory in Singapore later this year with the first car scheduled to roll off the production line in 2021.

    Singapore is one of the most expensive territories in the world to do business and space for manufacturing is at a premium in the city state.

    The company has previously said it will commit £2bn to the project, including £200m to be spent in the UK on research and development and test track facilities - much of which has already been spent.
    Dyson insisted the decision to locate production in Asia, rather than the UK, had nothing to do with Brexit.

    The company's founder, Sir James Dyson, has been a prominent advocate for Brexit and recently insisted that the UK leaving the EU with no deal would "make no difference".
    Brexit: Jaguar boss issues stark warning for jobs and profit
    Toyota says no-deal Brexit would stall production at Burnaston

    His critics say this approach is because his company is less vulnerable to the same problems as other car manufacturers, who have supply chains that include components that cross between the EU and the UK many times.
    Several major manufacturers, including BMW, Airbus and Jaguar Land Rover - who manufacture in the UK - have recently sounded dire warnings about the impact of a no-deal Brexit on UK investment




    https://www.bbc.co.uk/news/business-45950377



  • HAYSIEHAYSIE Member Posts: 34,811
    Pro-Brexit Dyson to relocate head offices to tax haven Singapore after Brexit



    Brexit-backing businessman Sir James Dyson is to relocate the Dyson head office from the UK to Singapore. The bombshell announcement will mean Dyson is no longer a British registered company and Singapore will become its main tax base. The switch from Malmesbury, Wiltshire, is likely to prove controversial given that Sir James – the company’s billionaire chairman, founder and owner – is an outspoken proponent of Brexit.


    It is the second blow Dyson has dealt to Brexit Britain after last year’s announcement that it will manufacture its new electric cars in Singapore, rather than the UK.


    Mr Rowan confirmed that Sir James was integral to the decision to ditch Britain.

    Liberal Democrat MP and Best for Britain supporter Layla Moran said the move smacks of ‘staggering hypocrisy’. She added: ‘It is utterly unbelievable that the business face of Brexit is moving yet another part of his business out of the UK. ‘This can only be seen as a vote of no confidence in the idea of Brexit Britain.’


    Solicitor General Robert Buckland said he was ‘disappointed’ by the announcement and said he would ask for a ‘clear explanation of why this is happening’. The South Swindon MP told BBC Radio 4’s PM programme that many Dyson employees live in his constituency, adding: ‘I’m disappointed to say the least that at this time a company led by a person who advocated Brexit has decided to relocate outside of this country. ‘I’m going to want to have a clear explanation as to why this is happening and what effect this will have on the constituents who I represent

    https://metro.co.uk/2019/01/23/pro-brexit-dyson-relocate-head-offices-tax-haven-singapore-brexit-8377591/
  • HAYSIEHAYSIE Member Posts: 34,811

    HAYSIE said:

    "An extension to article 50 and eventually a proposal that gets the backing of the house ..maybe

    Ok. But to get any deal, we have to get past The Backstop"

    But a tiny gap might just have emerged from an unlikely source, the Irish leader Leo Varadkar himself.

    Speaking in Dublin this afternoon he was talking in familiar terms about how a hard border wasn't acceptable and couldn't be allowed to happen.

    That's why, he repeated forcefully, the backstop was required.

    https://www.bbc.co.uk/news/uk-politics-46966254

    Some of the arguments around The Backstop, in my view are silly.
    The plan is merely that if we don't have a deal agreed by the end of the transition period, we would move to The Backstop.
    The original plan was for NI to have access to The Customs Union, and Single Market, to avoid the need for a hard border.
    So as the consensus was that NI shouldn't be treated any differently to the rest of The UK. So the solution became the whole of The UK having access to the CU, and SM.

    The MPs objections are that The Backstop should be time limited. This is impossible as it is not possible to predict how a deal will take to negotiate.

    The other main objection is that The EU may wish to keep us in The Backstop indefinitely.

    The EU have bent over backwards and are allowing us to have SM and CU access without the obligation of Freedom of Movement, and without our usual annual payment of around £10 billion. We would be the only country allowed to be in this position. A better position than any member country. So why on earth would they want this situation to go on longer than necessary.
    £274 Billion exports to the EU
    £341 Billion imports from the EU.

    https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-7851
    What is your point?
  • HAYSIEHAYSIE Member Posts: 34,811

    HAYSIE said:

    tomgoodun said:

    British entrepreneur James Dyson was a prominent supporter of Brexit. Now, he's moving his company to Singapore

    Any cynics here? 😏

    While the timing might not be to everyones taste , I'm quite sure he doesn't run his business around parliaments agenda and if the move was announced post Brexit , then people would still be speculating that is as a consequence of Brexit and not just a business decision.

    "The company was keen to stress that it will still be investing money in its British bases.

    Mr Rowan said it would be spending £200m in new buildings and testing facilities in Hullavington, and £44m in refreshing office space and adding new laboratories in Malmesbury as well as investing £31m for the young undergraduates at its university on the same site.

    "Malmesbury has been the epicentre for us and we will continue to invest all over the UK," he added.

    "The tax difference is negligible for us," added Mr Rowan, who confirmed that the company would be registered in Singapore, rather than in the UK.

    "We are taxed all over the world and we will continue to pay tax in the UK."

    "There will be no impact on its 4,000 workers in Britain, and according to Mr Rowan, little impact on its tax affairs either. In 2017, it paid £95 million to the Exchequer."



    Key points from the following article imo posted above >>>https://www.bbc.co.uk/news/business-46962093
    Its just a coincidence that Singapore have just done a deal with The EU.
    Did you read the above statements ?
    My understanding is Dyson has had a presence over there for some time ...he's a brexiteer, what difference would that make to him or his company
    If the point you are making is , he thinks that Singapore has forged a better trade deal with the EU than we ever could , then I might agree with that ...still though , thats got nothing to do with his Brexit stance ..more an indication of how bad our politicians are !
    yes
    No he hasn't.
    See the articles I just posted.
    That's debateable.
  • dobiesdrawdobiesdraw Member Posts: 2,793
    HAYSIE said:

    HAYSIE said:

    tomgoodun said:

    British entrepreneur James Dyson was a prominent supporter of Brexit. Now, he's moving his company to Singapore

    Any cynics here? 😏

    While the timing might not be to everyones taste , I'm quite sure he doesn't run his business around parliaments agenda and if the move was announced post Brexit , then people would still be speculating that is as a consequence of Brexit and not just a business decision.

    "The company was keen to stress that it will still be investing money in its British bases.

    Mr Rowan said it would be spending £200m in new buildings and testing facilities in Hullavington, and £44m in refreshing office space and adding new laboratories in Malmesbury as well as investing £31m for the young undergraduates at its university on the same site.

    "Malmesbury has been the epicentre for us and we will continue to invest all over the UK," he added.

    "The tax difference is negligible for us," added Mr Rowan, who confirmed that the company would be registered in Singapore, rather than in the UK.

    "We are taxed all over the world and we will continue to pay tax in the UK."

    "There will be no impact on its 4,000 workers in Britain, and according to Mr Rowan, little impact on its tax affairs either. In 2017, it paid £95 million to the Exchequer."



    Key points from the following article imo posted above >>>https://www.bbc.co.uk/news/business-46962093
    Its just a coincidence that Singapore have just done a deal with The EU.
    Did you read the above statements ?
    My understanding is Dyson has had a presence over there for some time ...he's a brexiteer, what difference would that make to him or his company
    If the point you are making is , he thinks that Singapore has forged a better trade deal with the EU than we ever could , then I might agree with that ...still though , thats got nothing to do with his Brexit stance ..more an indication of how bad our politicians are !
    yes
    No he hasn't.
    See the articles I just posted.
    That's debateable.
    Ok presence perhaps the wrong word ..but ( from wikipedia) "In 2004, the Meiban-Dyson Laundry Manufacturing Plant was launched in Johor, Malaysia. The newly opened RM10 million (approx. US$2.63 million) plant is a joint venture between Dyson and the Singapore-based Meiban Group Ltd., which has manufacturing facilities in Singapore, Malaysia and China."

    Debateable ? Are you saying that you have faith in our politicians to broker good trade deals ?
  • HAYSIEHAYSIE Member Posts: 34,811
    HAYSIE said:

    HAYSIE said:

    "An extension to article 50 and eventually a proposal that gets the backing of the house ..maybe

    Ok. But to get any deal, we have to get past The Backstop"

    But a tiny gap might just have emerged from an unlikely source, the Irish leader Leo Varadkar himself.

    Speaking in Dublin this afternoon he was talking in familiar terms about how a hard border wasn't acceptable and couldn't be allowed to happen.

    That's why, he repeated forcefully, the backstop was required.

    https://www.bbc.co.uk/news/uk-politics-46966254

    Some of the arguments around The Backstop, in my view are silly.
    The plan is merely that if we don't have a deal agreed by the end of the transition period, we would move to The Backstop.
    The original plan was for NI to have access to The Customs Union, and Single Market, to avoid the need for a hard border.
    So as the consensus was that NI shouldn't be treated any differently to the rest of The UK. So the solution became the whole of The UK having access to the CU, and SM.

    The MPs objections are that The Backstop should be time limited. This is impossible as it is not possible to predict how a deal will take to negotiate.

    The other main objection is that The EU may wish to keep us in The Backstop indefinitely.

    The EU have bent over backwards and are allowing us to have SM and CU access without the obligation of Freedom of Movement, and without our usual annual payment of around £10 billion. We would be the only country allowed to be in this position. A better position than any member country. So why on earth would they want this situation to go on longer than necessary.
    £274 Billion exports to the EU
    £341 Billion imports from the EU.

    https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-7851
    What is your point?
    I don't think you get the point.

    There will obviously be many differences from where we are now, as members, and where we end up after a trade deal is negotiated.
    It would obviously cause problems to business, if the rules were continually changing.
    The purpose of the transition period is purely for businesses to be able to continue to trade under the same rules as we are now. Even after we have left. Just that.

    The purpose of The Backstop is take the place of The Transition period, so that businesses may continue under the same rules after The Transition Period has ended, if a trade deal had not yet concluded.

    If a trade deal had been concluded by December 2020, The Backstop would not be used.

    The Backstop is designed to last from January 2021, until a trade deal is concluded.

    The whole point of this is allow businesses to have just the one change of rules. From where we are now to the new trade deal conditions.

    There will be no need for a hard border in Ireland, during The Transition, or under The Backstop.
  • HAYSIEHAYSIE Member Posts: 34,811

    HAYSIE said:

    HAYSIE said:

    tomgoodun said:

    British entrepreneur James Dyson was a prominent supporter of Brexit. Now, he's moving his company to Singapore

    Any cynics here? 😏

    While the timing might not be to everyones taste , I'm quite sure he doesn't run his business around parliaments agenda and if the move was announced post Brexit , then people would still be speculating that is as a consequence of Brexit and not just a business decision.

    "The company was keen to stress that it will still be investing money in its British bases.

    Mr Rowan said it would be spending £200m in new buildings and testing facilities in Hullavington, and £44m in refreshing office space and adding new laboratories in Malmesbury as well as investing £31m for the young undergraduates at its university on the same site.

    "Malmesbury has been the epicentre for us and we will continue to invest all over the UK," he added.

    "The tax difference is negligible for us," added Mr Rowan, who confirmed that the company would be registered in Singapore, rather than in the UK.

    "We are taxed all over the world and we will continue to pay tax in the UK."

    "There will be no impact on its 4,000 workers in Britain, and according to Mr Rowan, little impact on its tax affairs either. In 2017, it paid £95 million to the Exchequer."



    Key points from the following article imo posted above >>>https://www.bbc.co.uk/news/business-46962093
    Its just a coincidence that Singapore have just done a deal with The EU.
    Did you read the above statements ?
    My understanding is Dyson has had a presence over there for some time ...he's a brexiteer, what difference would that make to him or his company
    If the point you are making is , he thinks that Singapore has forged a better trade deal with the EU than we ever could , then I might agree with that ...still though , thats got nothing to do with his Brexit stance ..more an indication of how bad our politicians are !
    Dyson chooses Singapore for new electric car plant 23 October 2018


    The company will break ground on its new factory in Singapore later this year with the first car scheduled to roll off the production line in 2021.

    Singapore is one of the most expensive territories in the world to do business and space for manufacturing is at a premium in the city state.

    The company has previously said it will commit £2bn to the project, including £200m to be spent in the UK on research and development and test track facilities - much of which has already been spent.
    Dyson insisted the decision to locate production in Asia, rather than the UK, had nothing to do with Brexit.

    The company's founder, Sir James Dyson, has been a prominent advocate for Brexit and recently insisted that the UK leaving the EU with no deal would "make no difference".
    Brexit: Jaguar boss issues stark warning for jobs and profit
    Toyota says no-deal Brexit would stall production at Burnaston

    His critics say this approach is because his company is less vulnerable to the same problems as other car manufacturers, who have supply chains that include components that cross between the EU and the UK many times.
    Several major manufacturers, including BMW, Airbus and Jaguar Land Rover - who manufacture in the UK - have recently sounded dire warnings about the impact of a no-deal Brexit on UK investment




    https://www.bbc.co.uk/news/business-45950377



    Well he would say that wouldn't he.
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