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puipuitom

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Posts posted by puipuitom

  1. 4 hours ago, SteveB2 said:

    Interesting...

     

    "The EU, taken as a whole is the UK's largest trading partner. In 2019, UK exports to the EU were £294 billion (43% of all UK exports). UK imports from the EU were £374 billion (52% of all UK imports)"

    Ref: https://commonslibrary.parliament.uk/research-briefings/cbp-7851/ 

     

    For those who have problems understanding math, this means the EU exports to the UK £120 billion pounds more than it imports.

     

    Meaning that if the EU has to reverts to trading with the UK on WTO terms, the UK makes stands to make a massive windfall profit from the import duties caused by the trade imbalance. 

     

    No wonder this whole Brexit conundrum is being dragged out as long as possible with futile negotiations - the import duties the EU has saved paying the UK over the last 4 years of trade imbalance easily run into tens of billions of pounds...

    First look into which products are imported from UK into the EU and visa versa and how easy to replace from other origins. Then your laugh will disappear.

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  2. 9 hours ago, petermik said:

    Bye bye to our ex European partners let us hope your arms are long enough to dig deep into your pockets to fill the very large hole our contributions made....we voted out..we want out :thumbsup:

    Do not worry, those GBP 8 billion net contribution ( HoC Lib) will be contributed from the import duty in just a few months. 

     

    But the biggest blow will come thanks to import replacing production inside the EU

    The UK’s largest beef, lamb, pork and chicken processors have warned that if Brexit preparedness efforts aren’t accelerated, trade volumes of products of animal origin could drop 50-75%.... Read more

    Meat processors send ‘stark warning’ on Brexit: Trade volumes ‘could drop 50-75%’

    UK contr to EU, HoC Lib CBP 7886 of 24 June 2019, p 3 .jpg

    • Like 2
  3. 13 hours ago, RichardColeman said:

    Can't wait to see the French fisherman riots burning Macron posters. Macron is digging himself into an almighty hole.

    With just 1 % of the financial service transactions going now via the City of London brought to Paris, Macron has enough earned from France to compensate all french fishermen.

     

    And those "financials" are already leaving.

    Add to that the British car makers no longer a competitor for the French ( and other EU car makers, caused by 10% import duty), 

     

    Leaving without a deal would trigger the most seismic shift in trading conditions UK Automotive has ever experienced. Overnight, it would be hit by an immediate end to free and frictionless trade with its biggest market, an end to preferential trade with a further 70 countries worldwide, the imposition of billions of pounds of tariffs, severe disruption to supply chains and production, and lasting damage to the global reputation of the UK as an attractive and stable investment destination.

     

    19 hours ago, puipuitom said:

    From: Ebury <[email protected]>
    Sent: vrijdag 11 december 2020 17:05

    We refer to our previous letter to you in October 2020 about the adjustments made by Ebury with regard to the Brexit. In that letter we noted that, following the departure of the United Kingdom from the European Union, the services provided to you by Ebury Partners UK Limited will be provided by Ebury Partners Belgium NV with effect from 15 December 2020 and your account would have been transferred to Ebury Partners Belgium NV.

    I'd imagine that similar things are happening throughout the EU. 

     

    I have British friends in Belgium who have been advised by, I think, Barclays and Lloyds that they will not be able to bank with them post-transition as financial 'passporting' will cease to exist for UK institutions and, presumably neither bank has a Belgium banking licence?

     

    Probably only a relatively few Brits are affected by changes such as this, but it is  yet another consequence of Brexit. And for what? No Brexiter on TVF has been able to give any concrete examples of how UK nationals will be better off in 2021, especially in the event of a 'No deal'.

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  4. The "financials" are already leaving

    From: Ebury <[email protected]>
    Sent: vrijdag 11 december 2020 17:05

     

    We refer to our previous letter to you in October 2020 about the adjustments made by Ebury with regard to the Brexit. In that letter we noted that, following the departure of the United Kingdom from the European Union, the services provided to you by Ebury Partners UK Limited will be provided by Ebury Partners Belgium NV with effect from 15 December 2020 and your account would have been transferred to Ebury Partners Belgium NV.

  5. 4 hours ago, Rookiescot said:

    Can you eat sovereignty?

    Also please explain how the UK ever lost sovereignty while being in the EU.

    The Brexiteers simply donot habe an idea how the EU works.

    That the ONLY cremium, where decisions are taken = EU council, consisting of the heads of government of the EU member states, till 31 dec 19: inclusive the British PM. Now, Bris can wait till somebody wants to see him.

    The EU Commission, a kind of preparing and executing committee, with a commissioner form each member state. They make up the presentations to the EU council, so .. Ursula Von der Leyen has to make a report of her meeting with Boris, so the EU council can decide. Same Barrier.

    The EU Parliament, till last year also 2ith 75 UK members.

     

    The Brexiteers think, just like in UK, somebody first has to be elected one vote before the others, in.. barony Three Cottages on Ditch, to be clever enough to negotiate. For the rest, just as in the UK, all employees are appointed. 

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  6. 5 hours ago, Loiner said:

    You should ask your EU countries the question in a more specific way. “Do you still want the UK’s tourist business?”

    Start with Spain, Portugal and Greece. 

    You think, those British pensionario's will prefer the foggy and wet Tiny Islands ?  A simple semi-automatic prolongation of visa based on.. sufficient means, health insurances and/or property ? With a right to stay and to own, different as in Thailand.

    Why you think, an automatic visa of 3 months will be given to British ? Simply: spend your holiday money in our warmer member states.

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  7. 11 hours ago, Somtamnication said:

    Hard to read without paragraphs. Anyway. We just sealed trade deals worth billions with Singapore and Vietnam. It is  nice to be independent and have trade deals with 200+ countries. Who needs EU? 

     

    If they block Brits from traveling or owning homes, we do the same.  EU better watch it!

    Who wants to travel to the cold and foggy islands ?

     

    Trade deals: how much better are these compared with the EU deal, the UK already had ? if not better... why all the fuzz ? See also the magnitude of the EU - UK trade.

     

    The UK service industry could also be about to lose its guaranteed access to European markets. This would affect everyone from bankers and lawyers, to musicians and chefs.

    While it was an EU member, the UK was automatically part of about 40 trade deals which the EU had with more than 70 countries. In 2018, these deals represented about 11% of total UK trade.

    So far, 27 of these existing deals, covering 57 countries or territories, have been rolled over and will start on 1 January 2021. The latest deal to be signed was with Singapore on 10 December.

    The U.K. has now secured post-Brexit trade deals with 53 countries accounting for 164 billion pounds ($218 billion) of bilateral trade, the government said. That’s less than 12% of the 1.4 trillion pounds (about $1.9 trillion) of trade Britain recorded last year.
    Some talks are still ongoing - with countries like Vietnam and Mexico
    apnews.com/article/brexit-global-trade-europe-383db423697269ffc5799e41d5f…

    04-12-2020 · In 2018, these deals represented about 11% of total UK trade. So far, more than 20 of these existing deals, covering 50 countries or territories, have been rolled over and will start on 1 January...

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  8. 6 hours ago, StevieAus said:

    From what I have been reading and following in the media there is a massive trade imbalance between the EU and UK in favour  of the EU so I thought it would be those on the other side of the channel who should be worried.

    Look into WHICH products go from the UK into the EU ( mostly industrial products, which ONLY originate from the UK because of a kompetitive (price) advantage. With some WTO-import duty Third countries, this will be soon over. Unless an exchange drop from 1GBP = € 1,10 towards € 0,90 or so. ( was in 2016 € 1,35-1,40, good job done....) 

    From the EU towards the UK it is not so easy to replace. Unless of course you like frozen foods from.. Australia, Argentina etc.

    • Like 1
  9. 6 hours ago, JonnyF said:

    I think the EU will need a few more years to comprehend that we have actually left before it will be useful to reopen the talks.

     

    4 1/2 years since the vote and they still think we're a colony of the EU. I think it will take at least another 5 years after we leave for them to really 'get it'. It would appear their elected selected leaders are not the sharpest tools in the shed.

    Till 31 Dec 2019

    one of the 28 members of the only decision body of the EU, the EU council, was the UK prime minister.

    In the executive beard, also know as the EU committee, one of its 28 members was a British counselor, appointed by the UK Government

    In the EU Parliament, 75 British members were elected in.

     

    where you get the idea of "colony" from ? Maybe from the Scots, the Northern Irish and the Welsh ?

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  10. 8 hours ago, JonnyF said:

    The man on the street won't feel any satisfaction when he can't put food on the table for his family.

     

    You do realize we're only proposing the same deal Canada has? Nothing special, nothing exceptional. Just a bog standard FTA.

     

    You might want to ask yourself why the EU is so terrified of the UK's 'unfair' competition. What's unfair about it? It's like Claude Juncker entering a race with Usain Bolt and complaining that it's unfair that Bolt is so fit and sober and therefore demanding he wears a "fat man suit" and downs 3 bottles of wine before the race.

     

    They're terrified of us, which is strange considering the Remainers think we're so small, weak and insignificant. Clearly the EU don't agree with that synopsis.

    When the EU agrees with a deal, it is not the UK who wants to change some important parts within a year.

     

    So, if... the EU will not implace anti-dumping regulations to correct swindle of the UK as soon as the treaty is signed..

  11. 8 hours ago, Laughing Gravy said:

    How can Merkel know, as she is only the head of one country and its a 27 strong decision isn't it, according to some posters on here with equal veto rights????.

     "know." ? .. there is a chance till 31 Dec 20 23:59.... every normal thinking person knows...  Chance maybe close-to zero, but that's another thing.

     

    Remind also, Merkel is an impertant member in the EU council, the ONLY place decisions are made. Till 31 dec 2019 the UK had also a decision vote in that cremium. Now, Boris has to wait outside... talk with the president of the execution committee and does not get any from the EU council to speak.

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  12. 8 hours ago, luckyluke said:

     

    These people will of course not be delighted, they will have to look for another job ( not that easy ), and in the meantime live with state benefits.

     

    This will of course cost money, so it is expected that every citizen in the E.U. will have to pay for it.

     

    Not that nice for the man in the street.

     

    On the other hand he will have the moral satisfaction that the E.U. hasn't abide to the demands of a country, which left the Union.

     

    A country which think, because it has a specific nationality, the E.U. ( if not the World ) should simply acknowledge their requests, and astonished that others may have different view and proposals on a situation, labelling these proposals as totally unacceptable.

     

    Their own propositions being of course, the only fair ones.

    The British still believe, negotiations are as they were used to do, under Kitchiner etc: the British Empire commands, and the other party has to swallow. When all done nice, maybe they will throw a few bones more...

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