UK manufacturers enjoy post-Brexit surge in orders: survey
38 replies, posted
[QUOTE=David29;51920944]Right. I shall be sure to correct anyone who says that Brexit caused the fall in the value of the pound, then.[/QUOTE]
The referendum for it and subsequent government support for it sure did
but ye its unnecessary to split hairs about it. Brexit referendum and government policy for brexit have shattered confidence in the UK and when we fully brexit we'll get hit again. "the absolute mad man actually did it!" all in all brexit is bad
[editline]6th March 2017[/editline]
unless you like globalism and less regulations in which case its good for you but you're bad
[QUOTE=David29;51920944]Right. I shall be sure to correct anyone who says that Brexit caused the fall in the value of the pound, then.[/QUOTE]
Sorry if I offended you somehow, this was not my intention. Maybe my point isin't clear from the way I formulated the argument (not a native speaker, as you might have guessed). I will rewrite the last post, in the hopes that you will be able to understand my point, since it currently seems that you may have misunderstood my arguement.
The point is that there is a difference between deciding to do something (the brexit vote), and then doing the thing you decided to do (the actual brexit "process"). The effects on the pound, as we see it right now isin't the product of the brexit process, but rather the vote from last year. Considering what the actual brexit process will entail (leaving the single market, a long period of uncertainty as the UKs future is being negotiated, etc.), it is likely that the british economy will take a sharp downturn. This likely downturn WILL be due to the brexit process, as it would not have happend if it weren't for the initiation of said procedure (article 50 and all that).
Hopefully that cleared things up. Maybe now we can discuss the potential effects of the brexit based on the same understanding of what causes what. What positive sides do you see from a hard brexit? I ask since it seems you are pro-brexit, and I (along with others I'm sure) would like to hear about your opinions on this topic.
[QUOTE=Muggi;51920992]Sorry if I offended you somehow, this was not my intention. Maybe my point isin't clear from the way I formulated the argument (not a native speaker, as you might have guessed). I will rewrite the last post, in the hopes that you will be able to understand my point, since it currently seems that you may have misunderstood my arguement.
The point is that there is a difference between deciding to do something (the brexit vote), and then doing the thing you decided to do (the actual brexit "process"). The effects on the pound, as we see it right now isin't the product of the brexit process, but rather the vote from last year. Considering what the actual brexit process will entail (leaving the single market, a long period of uncertainty as the UKs future is being negotiated, etc.), it is likely that the british economy will take a sharp downturn. This likely downturn WILL be due to the brexit process, as it would not have happend if it weren't for the initiation of said procedure (article 50 and all that).
Hopefully that cleared things up. Maybe now we can discuss the potential effects of the brexit based on the same understanding of what causes what. What positive sides do you see from a hard brexit? I ask since it seems you are pro-brexit, and I (slong with others I'm sure) would like to hear about your opinions on this topic.[/QUOTE]
That's actually a very well written post - I appreciate that. Apologies if I came across sharp in my last post.
I will endeavour to post my thoughts on Brexit later on today. I'm at work at the moment and it's not easy to write long posts on my phone.
[QUOTE=Muggi;51920848]Also, on top of the things already stated here, the UK ain't China: it isin't a export economy, so a majority of british people won't receive any benefits from this short term gain.[/QUOTE]
Probably because industry went to the EU when the common market became a thing, because it's cheaper to manufacture abroad.
I'm actually curious to see if industry will increase at home post leave
This is like america investing in Mexico because the peso is crap.
We're stuck in it now anyway.
[QUOTE=Vasili;51921031]Probably because industry went to the EU when the common market became a thing, because it's cheaper to manufacture abroad.
I'm actually curious to see if industry will increase at home post leave[/QUOTE]
Indeed, this will be interesting to see. I think that if the UK decides to go for a more neo-liberal economy it will certainly attract more manufacturing plants post-brexit, but that usually goes hand in hand with a worsening of worker rights, environmental protection laws, and dismantling of various wellfare structures (such as free healthcare). Hopefully, a balance can be struck between a social democratic and neo-liberal economy IF this is the direction the UK takes, but considering the current conservative government, I would lie if I said I was optimistic in that regard.
Another thing to consider is if the UK will want some sort of trade deal with the EU. If this is the case, as it most certainly is, the UK manufacturing industry will have to follow the standards and rules set out by the EU. There is no possibility of a "special exception" in that regard; this is simply due to what the EU is actually capable of doing, considering all the rules they have to follow. So that will certainly also have some sort of impact, but to what extend is ofcourse currently unknown.
Many interesting things to consider, and I do hope for the best for the UK. It will, as stated, be very interesting to follow the brexit proces over the next couple of years.
[QUOTE=Vasili;51921031]Probably because industry went to the EU when the common market became a thing, because it's cheaper to manufacture abroad.
I'm actually curious to see if industry will increase at home post leave[/QUOTE]
I'm also curious to see how this will affect our industry too.
It seems like some folks would like to see the UK fail because they chose to leave and that our only hope ever was the single market which we might still be part of yet. The attitude back in October was "see you're fucked now the arse has dropped out of the £, we told you so."
[QUOTE=UK Bohemian;51921152]I'm also curious to see how this will affect our industry too.
It seems like some folks would like to see the UK fail because they chose to leave and that our only hope ever was the single market which we might still be part of yet. The attitude back in October was "see you're fucked now the arse has dropped out of the £, we told you so."[/QUOTE]
A lot of emotions, I'm sure. Everyone is human afterall, and I think it's ok for me to state that the Brexit campaign was one of the most decisive referendrums in recent memory.
You still got about 48% of the population who certainly do not want to leave the EU. That's quite alot of people who feel like their futures are at risk. So, even if I'm very much in the camp of "nothing left to do but get the best out of this", I certainly understand the emotional response many people have... especially considering that the UK still do not seem to have any exit strategy other than "keeping things more or less the way they are", which simply won't be possible due to the treaties and rules the EU has to follow when negotiating with any non-eu member state.
I think it's fair to say that the brexit will be characterized as a battle to minimize the loss of current relations and agreements with the EU, not a battle for special deals and such.
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