BREXIT - Is This Really Still Rumbling On? 😴

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Comments

  • rjsterry said:

    john80 said:

    loltoride said:

    The price of all Taiwanese frames are going to increase regardless because of the large increase in container freight charges from the Far East. They've tripled since October because of a shortage of containers.

    Not exactly true the major problem is the raw materials in particular aluminum, I know of manufacturers that have warehouses full of carbon bikes but no parts to complete build as of this morning.
    I was using bikes as an example. All product from the Far East will increase in cost due to the massive, massive increase in shipping costs.

    We were paying USD4,500 for a 40' HQ Container and are now paying anywhere between USD13-16,000. That's not an increase you can just absorb. We've been experiencing this since mid-December.

    We are also experiencing raw material increase of between 3-8% but this has been offset somewhat by the strengthening pound.
    I get that there will be a wide variation but what sort of goods values are we talking in one of these containers?

    I can not begin to guess how many sofas or bike frames you could get in a container
    There can be massive variations.

    We buy some smaller parts that are reasonably high value but lower volume so when amortised its not too bad.

    On the flip we also purchase reasonably large parts with little value. These are obviously going to have a hefty price increase.

    With regards sofas I would guess maybe 60 in a 40' HQ container so would add approx. £150-£200 per sofa.

    TBF I'm unsure how they package them so could well be underestimating how many you get in a container.
    The last set of bedroom furniture we bought was russian oak shipped to China, made into furniture and then shipped whole to the UK and sold from a farm shed using the internet for the sale. It would be funny if it was not so tragic.
    Why on earth is that tragic? There are plenty of UK based joiners if you feel so inclined and some even source local timber (although it's scarce). They will be more expensive, though.
    I was struggling to find a chest of drawers to fill a tall thin gap and the owner of a shop made it bespoke for no more money than his other pieces. It was only made of pine but I felt well posh commissioning my own furniture and 15 years later I am still happy with the quality
  • https://www.fnlondon.com/articles/tp-icaps-disappointing-europe-trading-delay-highlights-city-brexit-snags-20210125

    TP ICAP shocked investors with a warning that the London broker is unable to service some European clients because of a delay in the completion of its new trading base in Europe.

    In absence of a deal for financial services, the loss of passporting rights in Europe means that TP ICAP’s UK-based offices “no longer have the full scope of necessary regulatory permissions” to conduct some of its services on the continent, TP ICAP said in a statement.

    It's a worrying example of Brexit stumbles throughout the City since the end of the transition period on New Year's Eve. While larger banks have spent years getting ready for possible disruptions by moving people to Europe, other firms are now clambering to find solutions. These include the booking of trades through entities on the continent, sending business to other colleagues in EU branches and relocating staff.

    While TP ICAP partly blames the Covid-19 pandemic, citing “extraordinary circumstances” relating to the subsequent lockdowns, some have questioned why the company is scrambling to move staff to Europe more than four years after the Brexit vote.

    Canaccord Genuity told clients that TP ICAP’s statement was “disappointing”, and that it will “take investors by surprise”.


    I wonder if Michael Spencer still thinks his generous donations and public backing of BoJo were worth it.
    we spent most of that four years not knowing what, if any, brexit we would get. So it's no wonder most businesses invested little in Brexit mitigation, especially with BJ telling everyone it would all be fine and no need for paperwork.
    In financial services you needed passporting to do business in the EU pre-Brexit. It was obvious to anyone in the sector that there was a very strong likelihood that passporting wouldn't be carried through and alternative arrangements would need to be made, especially as Frankfurt and Paris have had their eyes on part of the London cake for some time.
    When it came to FS the argument was that they need us more than they them due to the lack of depth in their markets. That is why we chose to exclude FS from the talks because it was our trump card to threaten them with.
  • pblakeney
    pblakeney Posts: 27,026
    Brexit summed up in 11 words.

    We want everything to change but that nothing will affect us.
    The above may be fact, or fiction, I may be serious, I may be jesting.
    I am not sure. You have no chance.
    Veronese68 wrote:
    PB is the most sensible person on here.
  • TheBigBean
    TheBigBean Posts: 21,610
    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/
  • Stevo_666
    Stevo_666 Posts: 60,777

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • TheBigBean
    TheBigBean Posts: 21,610
    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Yes, but there seemed to be a lot concern here about wine prices, so I thought news of possibility cheaper imports might help.
  • New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    hard to keep up but isn't that a new deal rather than a rollover?

    NZ has some very good wines -do we have a monetary value for the benefit
  • TheBigBean
    TheBigBean Posts: 21,610

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    hard to keep up but isn't that a new deal rather than a rollover?

    NZ has some very good wines -do we have a monetary value for the benefit
    Yes, I believe it is a new deal. Although, as you know with this government, Easter is a flexible deadline.
  • Stevo_666
    Stevo_666 Posts: 60,777

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Yes, but there seemed to be a lot concern here about wine prices, so I thought news of possibility cheaper imports might help.
    True, the cheaper NZ wine should balance out the alleged hikes in prices of French wines. Maybe we should focus on trade deals with 'new world' wine producing nations?
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Yes, but there seemed to be a lot concern here about wine prices, so I thought news of possibility cheaper imports might help.
    True, the cheaper NZ wine should balance out the alleged hikes in prices of French wines. Maybe we should focus on trade deals with 'new world' wine producing nations?
    or concentrate on the sweet spot where they have to best quality meat and move heaven and earth to sign up Argentina and S. Africa.

    the Saffers have some very old vines from their period of isolation so we should certainly be looking there
  • TheBigBean
    TheBigBean Posts: 21,610

    Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Yes, but there seemed to be a lot concern here about wine prices, so I thought news of possibility cheaper imports might help.
    True, the cheaper NZ wine should balance out the alleged hikes in prices of French wines. Maybe we should focus on trade deals with 'new world' wine producing nations?
    or concentrate on the sweet spot where they have to best quality meat and move heaven and earth to sign up Argentina and S. Africa.

    the Saffers have some very old vines from their period of isolation so we should certainly be looking there
    South Africa is already done, but perhaps it could be enhanced. Don't think Argentina is likely to happen any time soon. What about wine from Chile?
  • Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Excellent, cheaper kebab meat...
  • Stevo_666
    Stevo_666 Posts: 60,777

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Excellent, cheaper kebab meat...
    I like Turkish delight as well.

    Although the link I posted above does refer to an £18bn trade partnership and benefits for the automotive, steel and manufacturing sectors.

    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Excellent, cheaper kebab meat...
    I like Turkish delight as well.

    Although the link I posted above does refer to an £18bn trade partnership and benefits for the automotive, steel and manufacturing sectors.

    most of europe's washing machines, dishwashers and lower quality electricals gets made there IIRC
  • Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
  • Stevo_666
    Stevo_666 Posts: 60,777
    edited January 2021

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    It depends upon what in the deal through.
    There is a big difference between a done deal, and a deal where we get done!
  • Stevo_666
    Stevo_666 Posts: 60,777

    Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    It depends upon what in the deal through.
    There is a big difference between a done deal, and a deal where we get done!
    True. What if any are your specific concerns regarding the deals done to date with the 62 countries?
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Yes, but there seemed to be a lot concern here about wine prices, so I thought news of possibility cheaper imports might help.
    True, the cheaper NZ wine should balance out the alleged hikes in prices of French wines. Maybe we should focus on trade deals with 'new world' wine producing nations?
    or concentrate on the sweet spot where they have to best quality meat and move heaven and earth to sign up Argentina and S. Africa.

    the Saffers have some very old vines from their period of isolation so we should certainly be looking there
    South Africa is already done, but perhaps it could be enhanced. Don't think Argentina is likely to happen any time soon. What about wine from Chile?
    I know somebody who works for Conch y Toro so it can't get much cheaper
  • Stevo_666 said:

    Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    It depends upon what in the deal through.
    There is a big difference between a done deal, and a deal where we get done!
    True. What if any are your specific concerns regarding the deals done to date with the 62 countries?
    I thought it was 65 and 63 were rolled over. That would suggest that making the rollovers bespoke so that there is an improvement will take decades
  • Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Excellent, cheaper kebab meat...
    I like Turkish delight as well.

    Although the link I posted above does refer to an £18bn trade partnership and benefits for the automotive, steel and manufacturing sectors.

    most of europe's washing machines, dishwashers and lower quality electricals gets made there IIRC
    a lot of parts get made there that we could not get ROO for
  • Jezyboy
    Jezyboy Posts: 3,538

    Stevo_666 said:

    Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    It depends upon what in the deal through.
    There is a big difference between a done deal, and a deal where we get done!
    True. What if any are your specific concerns regarding the deals done to date with the 62 countries?
    I thought it was 65 and 63 were rolled over. That would suggest that making the rollovers bespoke so that there is an improvement will take decades
    To be fair originally there was lots of chat around how difficult even rollovers would be to achieve. So I think it's only right they get a degree of credit for them.

  • Stevo_666
    Stevo_666 Posts: 60,777

    Stevo_666 said:

    Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    It depends upon what in the deal through.
    There is a big difference between a done deal, and a deal where we get done!
    True. What if any are your specific concerns regarding the deals done to date with the 62 countries?
    I thought it was 65 and 63 were rolled over. That would suggest that making the rollovers bespoke so that there is an improvement will take decades
    I was taking my numbers from the link above on the Turkey deal. As to how many are based on the terms of existing agreements with the EU, I suppose it depends how good those deals were. Certainly it makes sense to cut and paste short term to get continuity and then work on improvements where we see fit.
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]
  • Jezyboy said:

    Stevo_666 said:

    Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    It depends upon what in the deal through.
    There is a big difference between a done deal, and a deal where we get done!
    True. What if any are your specific concerns regarding the deals done to date with the 62 countries?
    I thought it was 65 and 63 were rolled over. That would suggest that making the rollovers bespoke so that there is an improvement will take decades
    To be fair originally there was lots of chat around how difficult even rollovers would be to achieve. So I think it's only right they get a degree of credit for them.

    but a rolled over trade deal can not be celebrated as a benefit of Brexit.
  • TheBigBean
    TheBigBean Posts: 21,610

    Stevo_666 said:

    Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    It depends upon what in the deal through.
    There is a big difference between a done deal, and a deal where we get done!
    True. What if any are your specific concerns regarding the deals done to date with the 62 countries?
    I thought it was 65 and 63 were rolled over. That would suggest that making the rollovers bespoke so that there is an improvement will take decades
    It can't be that hard to improve minor things e.g. swapping wine for whisky. It really depends how bespoke the intention is; however, as there is an agreed starting position it should make things a lot easier.
  • elbowloh
    elbowloh Posts: 7,078
    They used to make a lot of denim in Turkey and medium priced clothes.
    Felt F1 2014
    Felt Z6 2012
    Red Arthur Caygill steel frame
    Tall....
    www.seewildlife.co.uk
  • Anyway I stumbled over this list of upsides to Brexit named after DD's boast that there would be no downsides and only upsides to Brexit.

    https://yorkshirebylines.co.uk/the-davis-downside-dossier/
  • Stevo_666 said:

    Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    It depends upon what in the deal through.
    There is a big difference between a done deal, and a deal where we get done!
    True. What if any are your specific concerns regarding the deals done to date with the 62 countries?
    No specific concerns, but if no one read the EU deal, are we expecting anyone to read these?
  • Stevo_666
    Stevo_666 Posts: 60,777

    Stevo_666 said:

    Stevo_666 said:

    Stevo_666 said:

    New Zealand trade deal on its way. Cheaper wine one way, cheaper cars and gin the other.

    https://www.cityam.com/uk-set-to-wrap-up-new-zealand-trade-deal-before-easter/

    Another one that has flown under the radar a bit is the recently signed UK-Turkey trade deal.
    https://gov.uk/government/news/uk-and-turkey-sign-trade-deal

    That's quite a few in total.
    Round of applause to those who stretched out the transition period to give them time to happen. #playingthelonggame
    True, we'll need to see how this plays out in the long term. We've done trade agreements with 62 countries in the last 2 years (on top of the EU trade agreement). I think that represents pretty good progress so far.
    It depends upon what in the deal through.
    There is a big difference between a done deal, and a deal where we get done!
    True. What if any are your specific concerns regarding the deals done to date with the 62 countries?
    No specific concerns, but if no one read the EU deal, are we expecting anyone to read these?
    Not sure, but you seemed to be raising a concern about these deals.
    "I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]