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Brexit AHHHHHH

Page 150 of 166

comment by IAWT (U10012)

posted on 27/2/17

WWSPD,

I work in the pharma/biotech industry and the benefits of being within the EU is crucial to the industry.

Leaving the Customs Union/SM will necessitate customs checks. This will render UK pharmaceutical exports useless.
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At it stands, you couldn't tell the difference between a shipment from (or to) the EU zone and a shipment within the UK. It requires same paperwork (UN number) and has the same delivery time.
Importing or shipping something from the US is a all different matter to the point that if I have to get something, I'd always look at the EU first despite the fact that US is cheaper.
Items can be (and most of the time are) hold in customs for no reasons.

You have all heard about the bid from Heinz to buy Uniliver.
Well if rumours are true, a second bid might be coming.... after article 50 has been triggered. The only thing that could stop it is the fact that Uniliver are partially owned by the Dutch.

It is not really clear yet what would happen with EU funds but you are right, the UK (and the rest of Europe) do get a lot from them. There are fews programme (Horizon 2020, FP7, etc..) which facilitate collaboration between academics and industries in which most of university depend on to finance their research/post-docs.


comment by 8bit (U2653)

posted on 27/2/17

is this like when you said financial services are already in the process of moving to Frankfurt, Dublin etc. Now UK and German banks both said London will remain the financial capital whether we're in the single market or not. You just look at the worst case scenario possible as usual, all these things will get sorted out once they start negotiations.

posted on 27/2/17

comment by 8bit (U2653)
posted 10 minutes ago
is this like when you said financial services are already in the process of moving to Frankfurt, Dublin etc. Now UK and German banks both said London will remain the financial capital whether we're in the single market or not. You just look at the worst case scenario possible as usual, all these things will get sorted out once they start negotiations.
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Many firms have already left. Contracts have been signed in Paris, Dublin etc.

I never stated FS would disappear completely but the industry will be considerably smaller post Brexit.

Can you point out any benefits of leaving the EU?

In regard to pharma requirements, read the commons select committee report

posted on 27/2/17

comment by Sell Ramsey and Wilshere. Buy Verratti and Rabiot. #Simple (U10012)
posted 23 minutes ago
WWSPD,

I work in the pharma/biotech industry and the benefits of being within the EU is crucial to the industry.

Leaving the Customs Union/SM will necessitate customs checks. This will render UK pharmaceutical exports useless.
------------
At it stands, you couldn't tell the difference between a shipment from (or to) the EU zone and a shipment within the UK. It requires same paperwork (UN number) and has the same delivery time.
Importing or shipping something from the US is a all different matter to the point that if I have to get something, I'd always look at the EU first despite the fact that US is cheaper.
Items can be (and most of the time are) hold in customs for no reasons.

You have all heard about the bid from Heinz to buy Uniliver.
Well if rumours are true, a second bid might be coming.... after article 50 has been triggered. The only thing that could stop it is the fact that Uniliver are partially owned by the Dutch.

It is not really clear yet what would happen with EU funds but you are right, the UK (and the rest of Europe) do get a lot from them. There are fews programme (Horizon 2020, FP7, etc..) which facilitate collaboration between academics and industries in which most of university depend on to finance their research/post-docs.



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Do you think expanding US pharma trade will help negate loss of EU commerce?

comment by IAWT (U10012)

posted on 27/2/17



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Do you think expanding US pharma trade will help negate loss of EU commerce?
----------------------------------------------------------------------
I atually don't know but I'd assume for that to happen, the UK will have to fully adhere to the FDA, which is different from getting FDA approval btw. Unless of course it is only a one way traffic (import from the US).
In the US, the FDA are a proper federal agency and they can organise unscheduled visit and shutdown labs/manufacturings.

posted on 27/2/17

comment by Sell Ramsey and Wilshere. Buy Verratti and Rabiot. #Simple (U10012)
posted 8 minutes ago


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Do you think expanding US pharma trade will help negate loss of EU commerce?
----------------------------------------------------------------------
I atually don't know but I'd assume for that to happen, the UK will have to fully adhere to the FDA, which is different from getting FDA approval btw. Unless of course it is only a one way traffic (import from the US).
In the US, the FDA are a proper federal agency and they can organise unscheduled visit and shutdown labs/manufacturings.
----------------------------------------------------------------------

posted on 27/2/17

comment by 8bit (U2653)
posted 4 hours, 53 minutes ago
is this like when you said financial services are already in the process of moving to Frankfurt, Dublin etc. Now UK and German banks both said London will remain the financial capital whether we're in the single market or not. You just look at the worst case scenario possible as usual, all these things will get sorted out once they start negotiations.

------------
What a head in the sand point of view that is.

"These things will get sorted out"

comment by 8bit (U2653)

posted on 27/2/17

That is generally the point of negotiations You were also saying financial services will be moving abroad. if the only problem is whether they need to open the door of a lorry or not, I'm sure it's easier and more cost effective to solve that instead of moving an entire industry abroad. Common sense will prevail

posted on 27/2/17

comment by 8bit (U2653)
posted 37 minutes ago
That is generally the point of negotiationsYou were also saying financial services will be moving abroad. if the only problem is whether they need to open the door of a lorry or not, I'm sure it's easier and more cost effective to solve that instead of moving an entire industry abroad. Common sense will prevail
----------------------------------------------------------------------
I was simply reporting on the information the pharma industry representatives provided to the HOC select committee.

I assume they are best placed to provide information relating to their own industry requirements.

In regard to financial services, as I mentioned previously, many firms are trying to keep any structural and repositioning requirements as discreet as possible.

As changes will adversely affect share price/market values. For example when Lloyds insurance announced last year they were going to have to transfer of some of their operations to Europe, their share price dived. Since then any relocation has been very much under the radar.

The latest of which is the PPRO Group. Who are one of the most successful fintech businesses in Europe. Ironically this was their blog prior to the referendum, highlighting the risks of leaving the EU:

https://www.ppro.com/blog/brexit-body-blow-uk-fintech/

They have now moved operations to Luxembourg.

Unsurprisingly there was little commotion, and (outside of industry circles) hardly any media coverage.

To my knowledge JP Morgan, Morgan Stanley, Bank of China, Lloyds, Barclays, Credit Suisse are all at various stages of relocating European operations within the e27.

Some obviously more advanced than others. I understand the majority are awaiting to find out if the e27 will agree to a transitional deal, (ie how long they have to relocate).

https://www.forbes.com/sites/rogeraitken/2017/01/26/brexit-brefugees-the-battle-for-bankers-in-the-eu/#3bddd4f47c79

Negotiating has to respect the legal framework. Unless you believe the UK will be able to renegotiate EU Law which would place the e27 at a disadvantage?

posted on 27/2/17

Good to see such a niche thread continuing.

posted on 27/2/17

Tony Blair now John Major.

Who next??

posted on 27/2/17

comment by Planète des Singes - "..we will conquer the ball..! "🎬🚀🌎💣🎇🙈🙉🙊🌏🗽 (U4158)
posted 7 minutes ago
Tony Blair now John Major.

Who next??


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Iraq warmonger Blair and grey man Major ranting against the people and brexit😀

posted on 27/2/17

Both made coherent, legitimate, and reasoned arguments.

But Brexit is the debate in which reasoned views are often overlooked in favour of deranged promises of lands of milk and honey.

posted on 27/2/17

comment by What would Stuart Pearce do? (U3126)
posted 28 minutes ago
Both made coherent, legitimate, and reasoned arguments.

But Brexit is the debate in which reasoned views are often overlooked in favour of deranged promises of lands of milk and honey.

====================



No doubt that they presented coherent, legitimate, and reasoned arguments. But they are tarnished, yesterday's men on the fringe of a tired debate, pedalling a message that is out of step with political developments.

Twin Canutes trying to hold back the tide with futile posturing.

Also, your comment does not resonate with me or, in any way, reflect my experience of the issue.

posted on 27/2/17

comment by Planète des Singes - "..we will conquer the ball..! "🎬🚀🌎💣🎇🙈🙉🙊🌏🗽 (U4158)
posted 18 minutes ago
comment by What would Stuart Pearce do? (U3126)
posted 28 minutes ago
Both made coherent, legitimate, and reasoned arguments.

But Brexit is the debate in which reasoned views are often overlooked in favour of deranged promises of lands of milk and honey.

====================



No doubt that they presented coherent, legitimate, and reasoned arguments. But they are tarnished, yesterday's men on the fringe of a tired debate, pedalling a message that is out of step with political developments.

Twin Canutes trying to hold back the tide with futile posturing.

Also, your comment does not resonate with me or, in any way, reflect my experience of the issue.


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Found a full transcript of Major's speech.

http://www.mirror.co.uk/news/politics/john-majors-incendiary-speech-branding-9929258

Worth a read. He makes a number of good points.

Many of which deserve more than a "shoot the messenger" response.

posted on 28/2/17

No doubt that they presented coherent, legitimate, and reasoned arguments. But they are tarnished, yesterday's men on the fringe of a tired debate, pedalling a message that is out of step with political developments.

-----------------
Out of step? Still in step with 16m people that voted to remain.

Insular thinking, nationalism, and protectionism is out of step with the developing world.

The point of negotiating is to get the best deal with the hand you have been given. 52.9% of the British electorate have given the government the hand of leaving the EU.

The government have taken it upon themselves to pull the UK out of the single market too, which will affect every single industry in the UK.

As for the lorry door, there are door mechanisms that will not open unless authorised by a central control centre.
A pharmaceutical shipment via lorry can be worth many hundreds of thousands of pounds. Interruption of its transit could mean that quality control has failed.

Certainly will cost the NHS more money to import shipments of medicines and in extremis this could mean NHS sending patients abroad for care!

£350m to the NHS so they can spend it in Europe!

posted on 28/2/17

Nothing that wasn't known before any referendum was called.

Going over old ground serves no purpose now.

That time has passed.

comment by Hector (U3606)

posted on 28/2/17

Nothing more to talk about, the yes/no referendum answered all questions, everything is now sorted.

Cushty! time to move on to other things and forget about it.

posted on 28/2/17

comment by Planète des Singes - "..we will conquer the ball..! "🎬🚀🌎💣🎇🙈🙉🙊🌏🗽 (U4158)
posted 6 hours, 40 minutes ago
Nothing that wasn't known before any referendum was called.

Going over old ground serves no purpose now.

That time has passed.
----------------------------------------------------------------------
That's precisely the point. This isn't "old ground"

The public, and government for that matter, are only now beginning to understand the implications of leaving the EU will have.

The reason why 'hardliner brexiteers' are trying to shut down debate.

Even some businesses are only now realising the consequences.

For example, I'm pretty sure those who voted to leave didn't do so in the knowledge that in 5/10 years time the UK heritage foods industry will in all likelihood be considerably smaller, or have disappeared completely?

posted on 28/2/17

51.9% (correction)

posted on 28/2/17

comment by Planète des Singes - "..we will conquer the ball..! "🎬🚀🌎💣🎇🙈🙉🙊🌏🗽 (U4158)
posted 9 hours, 11 minutes ago
Nothing that wasn't known before any referendum was called.

Going over old ground serves no purpose now.

That time has passed.
----------------------------------------------------------------------
This is literally all you read from stubborn pro-Brexit folk, when they briefly raise their head from the sand. I've not seen a single comment to actually argue why the more gloomy comments in this thread are wrong, just people blindly saying it's wrong.

Ah well, fingers crossed, eh.

posted on 28/2/17

Nothing more to talk about, the yes/no referendum answered all questions, everything is now sorted.

---------

posted on 28/2/17

comment by HenrysCat (U3608)
posted 14 minutes ago
comment by Planète des Singes - "..we will conquer the ball..! "🎬🚀🌎💣🎇🙈🙉🙊🌏🗽 (U4158)
posted 9 hours, 11 minutes ago
Nothing that wasn't known before any referendum was called.

Going over old ground serves no purpose now.

That time has passed.
----------------------------------------------------------------------
This is literally all you read from stubborn pro-Brexit folk, when they briefly raise their head from the sand. I've not seen a single comment to actually argue why the more gloomy comments in this thread are wrong, just people blindly saying it's wrong.

Ah well, fingers crossed, eh.
----------------------------------------------------------------------


The only comparable situation I can remember is the lead up to the Iraq war.

The political juggernaut was in place, and the UK were joining George W, come what may.

There were a few, Robin Cook's resignation speech springs to mind, who had the foresight to ask 'what happens next' (after the war finished).

However at the time, the entire focus was on removing Hussein. Not the aftermath. Eventually any (political) opposition was shut down.

Precisely the same is happening in regard to Brexit. There is a cartel of newspapers slanting the debate, and whose support for the PM is conditional on her pursuing a hard Brexit policy.

Which is one of the reasons why Corybn is terrified of opposing the government. And even had the Labour peers whipped last night to vote with the Tories. Despite during the HoL’s debates last week Labour peers wanting to make a couple of changes to the Government’s white paper.

comment by 8bit (U2653)

posted on 28/2/17

Hard brexit is just the brexit people voted for, soft brexit is staying in the EU by the back door, still in the single market so everything is the same. What do people mean when they say we need to listen to the 16m who voted remain, we can't stay in and leave at the same time?

posted on 28/2/17

comment by HenrysCat (U3608)
posted 52 minutes ago
comment by Planète des Singes - "..we will conquer the ball..! "🎬🚀🌎💣🎇🙈🙉🙊🌏🗽 (U4158)
posted 9 hours, 11 minutes ago
Nothing that wasn't known before any referendum was called.

Going over old ground serves no purpose now.

That time has passed.
----------------------------------------------------------------------
This is literally all you read from stubborn pro-Brexit folk, when they briefly raise their head from the sand. I've not seen a single comment to actually argue why the more gloomy comments in this thread are wrong, just people blindly saying it's wrong.

Ah well, fingers crossed, eh.

=============================

Pro-Brexit???? Not entirely correct.

Glad to put you right.

Far from my head being in the sand, as an historian, I take a broader view of the whole situation we've found ourselves in thanks, mainly, to political party's in-fighting & the decision by an ex-PM to address it. And failing.

The whole things are complete mess.

What's going to happen next is perpetually fascinating.

We're living through a period of great social change, on a global scale. The UK's relationship with it's EU partners was always going to reach a point where something had to give.

Page 150 of 166

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