Little England and not-so-Great-Britain

[dick dasterdly]

dick dasterdly, now that makes me sad

Good. It made me sad that you couldn't admit you were trolling.

[Bunnychow]

The CISI wants us all to be taxed where ever we live in the world (Telegraph), like the American system, smells like panic. Time to change passports.

If your legally resident for tax purposes in the UK, this is already the case, as you are liable for tax on all workdwide income in the UK..they will not change the laws to the same as the US, all they will do will do is making one become non-resident for tax purposes a lot harder, in other words if you have sufficent ties to the UK, ie a house, bank account etc you will be deemed resident in the UK

Over recent years, the defintions of non residency have changed in the tax codes, and it not just about the number of days you spend in the UK in given year anymore

[dick dasterdly]

The CISI wants us all to be taxed where ever we live in the world (Telegraph), like the American system, smells like panic. Time to change passports.

If your legally resident for tax purposes in the UK, this is already the case, as you are liable for tax on all workdwide income in the UK..they will not change the laws to the same as the US, all they will do will do is making one become non-resident for tax purposes a lot harder, in other words if you have sufficent ties to the UK, ie a house, bank account etc you will be deemed resident in the UK

Over recent years, the defintions of non residency have changed in the tax codes, and it not just about the number of days you spend in the UK in given year anymore

Its one of things that annoy me. I worked (and paid taxes) in the UK for many years, and still pay full tax on my income, but am not entitled to NHS care.

Nor that it matters personally, bearing in mind I have 4 dogs so couldn't go back for NHS care if I wanted to ! Its the principle that 'gets my goat'.

[Khun Han]

I see the pound has fallen to 1.30 dollars and Carney has issued a post brexit warning for the economy, working out a treat isn't it

Somewhat foolishly I had always assumed that the Bank of England and its governor were supposed to support the government and the country.

I t looks as though I was wrong.

Project fear is being ramped up. May will become PM, and she will backtrack, 'on the advice of' various 'experts'. Smooth-talking vested interests such as Branson will be wheeled out endlessly to ram home the fear.

[dick dasterdly]

I see the pound has fallen to 1.30 dollars and Carney has issued a post brexit warning for the economy, working out a treat isn't it

Somewhat foolishly I had always assumed that the Bank of England and its governor were supposed to support the government and the country.

I t looks as though I was wrong.

Project fear is being ramped up. May will become PM, and she will backtrack, 'on the advice of' various 'experts'. Smooth-talking vested interests such as Branson will be wheeled out endlessly to ram home the fear.

We're used to 'project fear' - its 'project incompetence' as politicians fight amongst themselves that is damaging the country.

Edited July 6, 2016 by dick dasterdly

[davee58]

Before you claim that 55% of UK Laws are dictated by the EU Commission please supply proof. The University of Liverpool Law School Professor Michael Dougan the leading EU lawyer says otherwise. This was one of the big lies thrown up by Brexiters. However do feel free to contradict Professor Michael Dougan I look forward to you substantiating that statement. I have already posted two of his videos explaining this but then I doubt you really want to base your opinion on evidence.

It was a Jeremy Paxman BBC Documentary, and he counted the laws made in 3 years (2010-2013), 59% were created by the EU.

Reported here

http://www.express.co.uk/news/uk/672141/six-out-of-every-10-UK-laws-come-from-European-Union-bureaucrats-Brexit-EU-Jeremy-Paxman

Well he is wrong and Professor Michael Dougan who specializes in EU Law states that quite clearly in his two videos so I will go along with a professor in EU law as opposed to someone on the box.

Mr. Paxman (watched closely by the BBC) is more likely to be truthful than a Professor with a vested interest in the EU.

Dougan is one of many people paid by the EU to spread pro EU propoganda through our educational establishments, that is his job.

He is a Monnet Professor, so how can he not have a "vested interest".

Prof Michael Dougan M.A. (Cantab),

Ph.D (Cantab). Professor of European Law and Jean Monnet Chair in EU Law.

Please see a non-biased EU definition of a >> Monnet Professor <<

Edited July 6, 2016 by davee58

[MissAndry]

The UK doesn't do stuff, as for financial services,right, great opportunity there for all those school leavers and people previously employed on the production line for foreign companies. i read that a lot of banks in the city a clearing their desks now to save money,even the bankers bonuses are shrinking

That stuff was happening waaaaaaaaaaay before Brexit......Read up on HSBC....

true but it is increasing in urgency, now some banks are considering moving some of their operations out of the UK. Pound is now 1.28 and falling

Santander owns half the banks, they're already Spanish

RBS owns the other half, in the UK (just) but not for long (hopefully)

Anyway, when they're outside the UK we shouldn't have to bail them out anymore with taxpayers money.

That's a good thing.

[tifino]

it is, after all, such a liittle pond - keeping 'ol Blighty feeling safe all those centuries, from the stone-throwers over on the Euro side

and i think they have just pissed in it...

https://youtu.be/uU4Roswy01U

[soalbundy]

The CISI wants us all to be taxed where ever we live in the world (Telegraph), like the American system, smells like panic. Time to change passports.

If your legally resident for tax purposes in the UK, this is already the case, as you are liable for tax on all workdwide income in the UK..they will not change the laws to the same as the US, all they will do will do is making one become non-resident for tax purposes a lot harder, in other words if you have sufficent ties to the UK, ie a house, bank account etc you will be deemed resident in the UK

Over recent years, the defintions of non residency have changed in the tax codes, and it not just about the number of days you spend in the UK in given year anymore

Its one of things that annoy me. I worked (and paid taxes) in the UK for many years, and still pay full tax on my income, but am not entitled to NHS care.

Nor that it matters personally, bearing in mind I have 4 dogs so couldn't go back for NHS care if I wanted to ! Its the principle that 'gets my goat'.

Yes i liked the bit in the article about paying for the services that a British passport offers you, like none!! fortunately i have zero contact to the UK apart from the passport,HMRC can stuff themselves.

[Grouse]

Getting to the original topic. There has been an influx of propaganda and dumbing down for being English and from the UK. it is racist to be proud of your country now and we are constantly been told, we need foreigners to the jobs Brits won't do. Well that is rubbish We have 1.8 million on the dole and those I know who are, all want to work and would love to, given the chance. The only reason we are a little England because we are told so. Eroding and patriotism and making people feel guilty for where they come from, has always been the EU master plan. If the UK was so insignificant, why are the rest of Europe and the world crapping themselves for the UK leaving the EU?

Don't worry. The way the pound is going, your mates on the dole will do well. While they still can I suggest they apply for jobs as plumbers in Poland and agricultural workers in Romania!

[Grouse]

Without any trade deals we could put a super import tax on products that were once traditionally made in the UK.

Yep, and that is called MAD or maybe just AD (assured destruction). It would be like Canada doing that with the United States.... it would just make the elephant roll over and squish.

If the UK pushes up tariffs, the EU would respond reciprocally ending in a trade war with a 450 million strong market... The English market being a small market would be effectively destroyed in comparison (i.e. 50+% drop in GDP).

You would then have to put up a Soviet style wall to try and keep people from fleeing...

UK can always seek balance trade. UK has the technology and branding. Made in U.K. the world is a lot bigger than just EU market.

but we don't have many British firms that actually makes things anymore

There is more to exports than just making things.

Coal and steel is temporary..................... financial services, IT etc are permanent.

Will never be competitive with coal and steel (maybe special steels but small scale)

Manufacturing less than 10% of GDP. Maybe pick up with reduced labour protection? Why do you think Bamford (JCB) wanted out?

Computer industry is dead

IT will move to India

Financial Services will crash now ( I heard a rumour that powers behind the scenes are pushing for Scottish independence to remain in EU and many companies will relocate to Edinburgh in preference to Frankfurt or Paris). We shall see....

[Grouse]

I see the pound has fallen to 1.30 dollars and Carney has issued a post brexit warning for the economy, working out a treat isn't it

Somewhat foolishly I had always assumed that the Bank of England and its governor were supposed to support the government and the country.

I t looks as though I was wrong.

Project fear is being ramped up. May will become PM, and she will backtrack, 'on the advice of' various 'experts'. Smooth-talking vested interests such as Branson will be wheeled out endlessly to ram home the fear.

Fear? Looking increasingly like fact to me!

[MJP]

Without any trade deals we could put a super import tax on products that were once traditionally made in the UK.

Yep, and that is called MAD or maybe just AD (assured destruction). It would be like Canada doing that with the United States.... it would just make the elephant roll over and squish.

If the UK pushes up tariffs, the EU would respond reciprocally ending in a trade war with a 450 million strong market... The English market being a small market would be effectively destroyed in comparison (i.e. 50+% drop in GDP).

You would then have to put up a Soviet style wall to try and keep people from fleeing...

UK can always seek balance trade. UK has the technology and branding. Made in U.K. the world is a lot bigger than just EU market.

but we don't have many British firms that actually makes things anymore

There is more to exports than just making things.

Coal and steel is temporary..................... financial services, IT etc are permanent.

Will never be competitive with coal and steel (maybe special steels but small scale)

Manufacturing less than 10% of GDP. Maybe pick up with reduced labour protection? Why do you think Bamford (JCB) wanted out?

Computer industry is dead

IT will move to India

Financial Services will crash now ( I heard a rumour that powers behind the scenes are pushing for Scottish independence to remain in EU and many companies will relocate to Edinburgh in preference to Frankfurt or Paris). We shall see....

So, what was the UK economy based on? House prices and consumer debt?

Either way it was never sustainable.

[Grouse]

Without any trade deals we could put a super import tax on products that were once traditionally made in the UK.

Yep, and that is called MAD or maybe just AD (assured destruction). It would be like Canada doing that with the United States.... it would just make the elephant roll over and squish.

If the UK pushes up tariffs, the EU would respond reciprocally ending in a trade war with a 450 million strong market... The English market being a small market would be effectively destroyed in comparison (i.e. 50+% drop in GDP).

You would then have to put up a Soviet style wall to try and keep people from fleeing...

UK can always seek balance trade. UK has the technology and branding. Made in U.K. the world is a lot bigger than just EU market.

but we don't have many British firms that actually makes things anymore

There is more to exports than just making things.


Coal and steel is temporary..................... financial services, IT etc are permanent.

Will never be competitive with coal and steel (maybe special steels but small scale)

Manufacturing less than 10% of GDP. Maybe pick up with reduced labour protection? Why do you think Bamford (JCB) wanted out?

Computer industry is dead

IT will move to India

Financial Services will crash now ( I heard a rumour that powers behind the scenes are pushing for Scottish independence to remain in EU and many companies will relocate to Edinburgh in preference to Frankfurt or Paris). We shall see....

So, what was the UK economy based on? House prices and consumer debt?

Either way it was never sustainable.

You're not wrong! Services such as Financial, Legal, accountancy, academe. Together with smoke and mirrors.

A BIG part of our problem is that too many English got wealthy just from property inflation.

There may be trouble ahead....

Another issue is that our tertiary education is not designed to support manufacturing unlike in Germany

Another is this ridiculous American idea of persuit of shareholder value and profit growth every quarter. This has resulted in the hollowing out of industry due to lack of long term investment.

With any luck, the Americans will turn us into a huge Disney Land!

[Grouse]

Without any trade deals we could put a super import tax on products that were once traditionally made in the UK.

Yep, and that is called MAD or maybe just AD (assured destruction). It would be like Canada doing that with the United States.... it would just make the elephant roll over and squish.

If the UK pushes up tariffs, the EU would respond reciprocally ending in a trade war with a 450 million strong market... The English market being a small market would be effectively destroyed in comparison (i.e. 50+% drop in GDP).

You would then have to put up a Soviet style wall to try and keep people from fleeing...

UK can always seek balance trade. UK has the technology and branding. Made in U.K. the world is a lot bigger than just EU market.

but we don't have many British firms that actually makes things anymore

There is more to exports than just making things.

Coal and steel is temporary..................... financial services, IT etc are permanent.

Will never be competitive with coal and steel (maybe special steels but small scale)

Manufacturing less than 10% of GDP. Maybe pick up with reduced labour protection? Why do you think Bamford (JCB) wanted out?

Computer industry is dead

IT will move to India

Financial Services will crash now ( I heard a rumour that powers behind the scenes are pushing for Scottish independence to remain in EU and many companies will relocate to Edinburgh in preference to Frankfurt or Paris). We shall see....

So, what was the UK economy based on? House prices and consumer debt?

Either way it was never sustainable.

You're not wrong! Services such as Financial, Legal, accountancy, academe. Together with smoke and mirrors.

A BIG part of our problem is that too many English got wealthy just from property inflation.

There may be trouble ahead....

Another issue is that our tertiary education is not designed to support manufacturing unlike in Germany

Another is this ridiculous American idea of pursuit of shareholder value and profit growth every quarter. This has resulted in the hollowing out of industry due to lack of long term investment.

With any luck, the Americans will turn us into a huge Disney Land!

Edited July 6, 2016 by Grouse

[MJP]

Without any trade deals we could put a super import tax on products that were once traditionally made in the UK.

Yep, and that is called MAD or maybe just AD (assured destruction). It would be like Canada doing that with the United States.... it would just make the elephant roll over and squish.

If the UK pushes up tariffs, the EU would respond reciprocally ending in a trade war with a 450 million strong market... The English market being a small market would be effectively destroyed in comparison (i.e. 50+% drop in GDP).

You would then have to put up a Soviet style wall to try and keep people from fleeing...

UK can always seek balance trade. UK has the technology and branding. Made in U.K. the world is a lot bigger than just EU market.

but we don't have many British firms that actually makes things anymore

There is more to exports than just making things.

Coal and steel is temporary..................... financial services, IT etc are permanent.

Will never be competitive with coal and steel (maybe special steels but small scale)

Manufacturing less than 10% of GDP. Maybe pick up with reduced labour protection? Why do you think Bamford (JCB) wanted out?

Computer industry is dead

IT will move to India

Financial Services will crash now ( I heard a rumour that powers behind the scenes are pushing for Scottish independence to remain in EU and many companies will relocate to Edinburgh in preference to Frankfurt or Paris). We shall see....

So, what was the UK economy based on? House prices and consumer debt?

Either way it was never sustainable.

You're not wrong! Services such as Financial, Legal, accountancy, academe. Together with smoke and mirrors.

A BIG part of our problem is that too many English got wealthy just from property inflation.

There may be trouble ahead....

Another issue is that our tertiary education is not designed to support manufacturing unlike in Germany

Another is this ridiculous American idea of persuit of shareholder value and profit growth every quarter. This has resulted in the hollowing out of industry due to lack of long term investment.

With any luck, the Americans will turn us into a huge Disney Land!

Something had to give, Grousie! The trade and current account deficits, consumer and corporate debt . . . all getting worse by the month.

May as well start sorting it out now. The UK needs a huge turn around away from casino "economics" and back to something balanced and sustainable which includes all British people in all economic classes.

I'll be hit hard both by the £ (I support three adopted nippers and a household in LOS) and collapse of construction (I work in urban and brownfield regeneration, project management and design). Won a £12.5m contract in London a month ago and so far it hasn't been suspended. Also one of our main clients was chuffed to bits about Brexit and will now increase investment in the UK (this from the board of one of Europe's biggest firms). All that said, I think it'll hit redevelopment pretty hard down the line, already heard three major piling jobs have been pulled in London.

But I'm not really bothered, so long as the best is made of this, which right now does have me worried. As a blue chip American client used to say to me "There are no problems, there are only opportunities!"

Well, right now, by the way this is being handled, this looks like one f'ing big "opportunity".

[MissAndry]

Another issue is that our tertiary education is not designed to support manufacturing unlike in Germany

And yet, when was the last time you purchased an item with 'Made in Germany' stamped on the box?

My German coffee maker purchased earlier this week .......

Edited July 7, 2016 by MissAndry

[bkkcanuck8]

I'll be hit hard both by the £ (I support three adopted nippers and a household in LOS) and collapse of construction (I work in urban and brownfield regeneration, project management and design). Won a £12.5m contract in London a month ago and so far it hasn't been suspended. Also one of our main clients was chuffed to bits about Brexit and will now increase investment in the UK (this from the board of one of Europe's biggest firms). All that said, I think it'll hit redevelopment pretty hard down the line, already heard three major piling jobs have been pulled in London.

But I'm not really bothered, so long as the best is made of this, which right now does have me worried. As a blue chip American client used to say to me "There are no problems, there are only opportunities!"

Well, right now, by the way this is being handled, this looks like one f'ing big "opportunity".

Of course you can benefit even from the absolute collapse of your own country.... and of course if are sure it is going to break up or down but don't know... you can always create/buy "straddles" (or more sophisticated strategies) .... then you can hire under the table all the destitute people at a discount

[thai3]

The EU's big mistake was letting Bulgaria and Romania

join,with free movement of people,it was obvious what

was going to happen,plus too many stupid regulations,

over ruling the laws of the land,what started as a trading

bloc,grew into a monster wanting to control everything,

as more countries see sense they will want to be free as

well,

regards Worgeordie

Here is a case in point, Roma gypsy comes over to UK (one of many) gets on job seekers allowance goes back and brings wife and 5 kids, straight to the council to claim homeless and give me house, and they do! This sort of insanity could not go on

[bkkcanuck8]

Will leaving Europe change that.... I would suspect they would still show up declare themselves a refugee and get stuck in the legal system for 6+ years

[soalbundy]

Another issue is that our tertiary education is not designed to support manufacturing unlike in Germany

And yet, when was the last time you purchased an item with 'Made in Germany' stamped on the box?

My German coffee maker purchased earlier this week .......

coffee4.jpgcoffee3.jpg

but the profit goes to a German firm, you couldn't find a British coffee maker i suppose, no thought not. Bosch is a large internationally trading firm that makes things from drilling machines, car electronics. to coffee machines, it's pretty obvious that they will make things abroad as well although the product would have been designed in Germany and some would also be made in Germany. Open up some Bosch motor electrical equipment and you will find some parts are made in Japan or Korea (not the UK though) but it is still a German product which will also be used in Japanese cars.

[jayboy]

Though I was a Remainer here is a well argued piece for the opposite case by Simon Jenkins in the Guardian.

https://www.theguardian.com/commentisfree/2016/jul/06/brexit-britain-property-bubble

[ilostmypassword]

Another issue is that our tertiary education is not designed to support manufacturing unlike in Germany

And yet, when was the last time you purchased an item with 'Made in Germany' stamped on the box?

My German coffee maker purchased earlier this week .......

coffee4.jpgcoffee3.jpg

This is what is called cherry-picking. And the only reason I can think of for doing it is laziness. Severe laziness. The internet makes it so easy to find actual data. All I had to do was to enter "German Manufacturing Exports Historical' in google search.. Here's just one link: http://www.tradingeconomics.com/germany/exports

[MissAndry]

Another issue is that our tertiary education is not designed to support manufacturing unlike in Germany

And yet, when was the last time you purchased an item with 'Made in Germany' stamped on the box?

My German coffee maker purchased earlier this week .......

coffee4.jpgcoffee3.jpg

This is what is called cherry-picking.

I call it 'real world experience'.

Feel free to post a photo of your latest 'Made in Germany' purchase, something you actually own, in your house.

I've just bought a phone, Alcatel Flash 2, made in China. Can't remember the last time I purchased anything made in a western country.

Edited July 7, 2016 by MissAndry

[soalbundy]

Though I was a Remainer here is a well argued piece for the opposite case by Simon Jenkins in the Guardian.

https://www.theguardian.com/commentisfree/2016/jul/06/brexit-britain-property-bubble

and yet all this could have been achieved at the ballot box without the need to leave the EU.

[ilostmypassword]

Another issue is that our tertiary education is not designed to support manufacturing unlike in Germany

And yet, when was the last time you purchased an item with 'Made in Germany' stamped on the box?

My German coffee maker purchased earlier this week .......

coffee4.jpgcoffee3.jpg

This is what is called cherry-picking.

I call it 'real world experience'.

Feel free to post a photo of your latest 'Made in Germany' purchase, something you actually own, in your house.

I've just bought a phone, Alcatel Flash 2, made in China. Can't remember the last time I purchased anything made in a western country.

I don't have much use in my home for things like massive metal stamping machines, spectroscopes, machine tools, industrial ovens and such. So I don't expect to see them here. Do you have such things in your own home? Maybe you live in a warehouse?

[ilostmypassword]

Though I was a Remainer here is a well argued piece for the opposite case by Simon Jenkins in the Guardian.

https://www.theguardian.com/commentisfree/2016/jul/06/brexit-britain-property-bubble

Actually, I read the Simon Jenkins piece and I thought it was remarkably muddle-headed. In effect, he's blaming the EU for the UK's bad governance at home.

[jayboy]

Though I was a Remainer here is a well argued piece for the opposite case by Simon Jenkins in the Guardian.

https://www.theguardian.com/commentisfree/2016/jul/06/brexit-britain-property-bubble

Actually, I read the Simon Jenkins piece and I thought it was remarkably muddle-headed. In effect, he's blaming the EU for the UK's bad governance at home.

I'm not sure how you reach that conclusion since there is nothing to support it in the article.He is arguing that Brexit provides an opportunity to invigorate but isn't suggesting that the EU is resposible for Britain's present travails.Incidentally Simon Jenkins is sometimes wrong headed (I think he is here) but he is never muddle headed.There's a big difference.

Edited July 7, 2016 by jayboy

[NanLaew]

... Financial Services will crash now ( I heard a rumour that powers behind the scenes are pushing for Scottish independence to remain in EU and many companies will relocate to Edinburgh in preference to Frankfurt or Paris). We shall see....

But wasn't an independent Scotland popularly cited as being the death knell for Edinburgh as a financial hub in the run-up to the 'other' referendum?

[jayboy]

Back to the Simon Jenkins article referred to above, I love the line:

“An entire political class is on the way out. As Oscar Wilde said of the death of Little Nell, it would take a heart of stone not to laugh.”