BREXIT - Is This Really Still Rumbling On? 😴
Comments
-
Indeed...rick_chasey said:
Who to believe indeed.TheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds
https://www.ft.com/content/03e2e207-3245-4b2d-92b9-340ba1a468f6UK set to lose solar investment after developer criticises lack of incentives
Photovoltaics group Oxford PV says Britain is ‘least attractive’ location for new factory
https://telegraph.co.uk/business/2023/05/24/jeremy-hunt-hints-compromise-brussels-electric-cars/"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
That's essentially a start-up with dreams and shouldn't merit an article in the FT. All the solar panel makers in Germany went bust a long time ago*, so it would be remarkable to even think about it in the UK.rick_chasey said:
Who to believe indeed.TheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds
https://www.ft.com/content/03e2e207-3245-4b2d-92b9-340ba1a468f6UK set to lose solar investment after developer criticises lack of incentives
Photovoltaics group Oxford PV says Britain is ‘least attractive’ location for new factory
The EU responded by bring in anti-dumping tariffs which did not save them, but meant all of Europe needed to pay more for Chinese panels.1 -
That one's easy...Management consultantsbriantrumpet said:TheBigBean said:Jonathan Portes writing in the Guardian thinks the new Brexit immigration system works.
https://www.theguardian.com/commentisfree/2023/may/23/panic-immigration-brexit-wages-uk-economy
And has a swing at Starmer too...2 -
-
Definitely accountants.Jezyboy said:
That one's easy...Management consultantsbriantrumpet said:TheBigBean said:Jonathan Portes writing in the Guardian thinks the new Brexit immigration system works.
https://www.theguardian.com/commentisfree/2023/may/23/panic-immigration-brexit-wages-uk-economy
And has a swing at Starmer too...
I still say that the problem is the increased number of dependants0 -
This is fantastic news. I hope there’s more of it soon. Some of us want the country to succeed regardless of political persuasionTheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds1 -
15000 seems like a lot, although a quick Google search seems to suggest that there are just less than 500k jobs in management consultancy in the UK...surrey_commuter said:
Definitely accountants.Jezyboy said:
That one's easy...Management consultantsbriantrumpet said:TheBigBean said:Jonathan Portes writing in the Guardian thinks the new Brexit immigration system works.
https://www.theguardian.com/commentisfree/2023/may/23/panic-immigration-brexit-wages-uk-economy
And has a swing at Starmer too...
I still say that the problem is the increased number of dependants
Which still seems like a lot to me.0 -
It’s big business! Second highest paid industry after financial services…Jezyboy said:
15000 seems like a lot, although a quick Google search seems to suggest that there are just less than 500k jobs in management consultancy in the UK...surrey_commuter said:
Definitely accountants.Jezyboy said:
That one's easy...Management consultantsbriantrumpet said:TheBigBean said:Jonathan Portes writing in the Guardian thinks the new Brexit immigration system works.
https://www.theguardian.com/commentisfree/2023/may/23/panic-immigration-brexit-wages-uk-economy
And has a swing at Starmer too...
I still say that the problem is the increased number of dependants
Which still seems like a lot to me.
(And a really big UK export too…)0 -
skyblueamateur said:
This is fantastic news. I hope there’s more of it soon. Some of us want the country to succeed regardless of political persuasionTheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds
Cheap at half the price.
0 -
People cheering one factory but want to bin off all the management consultants who bring in far more revs and pay more tax 🙄0
-
Same TATA that constantly threatens to close the UK steel industry without further bungs?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.0 -
-
If the government can entice high tech companies to locate to Britain with tax breaks, subsidies etc I’m fine with that. We need to rebuild for the future and might mean short term losses for long term prosperity.briantrumpet said:skyblueamateur said:
This is fantastic news. I hope there’s more of it soon. Some of us want the country to succeed regardless of political persuasionTheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds
Cheap at half the price.
JLR is a huge, huge employer around the Midlands and when you look at others in the supply chain it’s massive numbers. I think cars account for nearly 10% of UK exports.
As much disdain I have for Musk I hope Tesla look at building one of their factories here as rumoured.
All good for the country and well paid jobs for working class people.0 -
skyblueamateur said:
If the government can entice high tech companies to locate to Britain with tax breaks, subsidies etc I’m fine with that. We need to rebuild for the future and might mean short term losses for long term prosperity.briantrumpet said:skyblueamateur said:
This is fantastic news. I hope there’s more of it soon. Some of us want the country to succeed regardless of political persuasionTheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds
Cheap at half the price.
JLR is a huge, huge employer around the Midlands and when you look at others in the supply chain it’s massive numbers. I think cars account for nearly 10% of UK exports.
As much disdain I have for Musk I hope Tesla look at building one of their factories here as rumoured.
All good for the country and well paid jobs for working class people.
Yes, I know it's always been thus - Nissan was enticed with grants/tax breaks, IIRC. And very good news for Bridgwater (hell, you need some good news if you live there.) It's just pointing out that it's come as a cost to taxpayers, and one hopes that the £800m gets a return on the 'investment'.0 -
Without the capacity to manufacture batteries then the car industry in the UK is in big trouble especially with the new EU rules. I think it’s money well invested.briantrumpet said:skyblueamateur said:
If the government can entice high tech companies to locate to Britain with tax breaks, subsidies etc I’m fine with that. We need to rebuild for the future and might mean short term losses for long term prosperity.briantrumpet said:skyblueamateur said:
This is fantastic news. I hope there’s more of it soon. Some of us want the country to succeed regardless of political persuasionTheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds
Cheap at half the price.
JLR is a huge, huge employer around the Midlands and when you look at others in the supply chain it’s massive numbers. I think cars account for nearly 10% of UK exports.
As much disdain I have for Musk I hope Tesla look at building one of their factories here as rumoured.
All good for the country and well paid jobs for working class people.
Yes, I know it's always been thus - Nissan was enticed with grants/tax breaks, IIRC. And very good news for Bridgwater (hell, you need some good news if you live there.) It's just pointing out that it's come as a cost to taxpayers, and one hopes that the £800m gets a return on the 'investment'.
I don’t know enough about it but surely if it’s tax incentives etc then it’s not handing over £800 million anyway? Do we know the breakdown between actual subsidies and tax breaks?0 -
If anyone is interested in the car industry the economist’s money talks pod discussed in detail for an hour or so.
Salient points were:
A) value in electric cars is initially in batteries (but they will become commoditised) and importantly in the software
B ) existing car giants have all underestimated the value in the software piece and this has played a big part in…
C) China is now the largest car manufacturing country in the world, beating both Japan and Germany.
D) Japan went big on hydrogen and that bet has not paid off…0 -
Not bin them all off. Ultimately the list included professions where I'd think the shortages are more acute - doctors nurses and care workers.rick_chasey said:People cheering one factory but want to bin off all the management consultants who bring in far more revs and pay more tax 🙄
Meanwhile if management consultancy is the wiz bang career people seem to say, well we have a university system that spits of tons of graduates every year (who can use power point to tell the clients the news they wanted to hear)0 -
I thought that this must be satire. It's not.
0 -
What do you know about the labour shortages or not in management consultancies?Jezyboy said:
Not bin them all off. Ultimately the list included professions where I'd think the shortages are more acute - doctors nurses and care workers.rick_chasey said:People cheering one factory but want to bin off all the management consultants who bring in far more revs and pay more tax 🙄
Meanwhile if management consultancy is the wiz bang career people seem to say, well we have a university system that spits of tons of graduates every year (who can use power point to tell the clients the news they wanted to hear)
Serious question.
Someone’s gonna have to earn enough and pay enough tax to pay for all those nurses and doctors, eh?0 -
Steel can go and bankers are moving to Paris. Who needs management consultants? We need managers.rick_chasey said:
Tbh if you can find anyone who can run Uk steel without a loss you’ll make a fortune. Not possible afaik.pblakeney said:Same TATA that constantly threatens to close the UK steel industry without further bungs?
But yes get rid of bankers and management consultants ✌🏻
Meanwhile, woohoo, go Britain! #sarcasmThe 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.0 -
I think all the countries involved were offering similar subsidies.briantrumpet said:skyblueamateur said:
This is fantastic news. I hope there’s more of it soon. Some of us want the country to succeed regardless of political persuasionTheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds
Cheap at half the price.0 -
Pretty standard isn't it? I was involved in the bid that brought a proposed huge inward investment by LG to Newport in the late 90s. The site won the bid and it wasn't because the Korean executives liked the climate or wanted to play a few rounds at the Celtic Manor. Typically, just as the works were completed there was a major recession in SE Asia and only the factory making monitors opened, I'm not sure the microprocessor factory ever got used. Most of the £8 million (1997 prices) access road has never been used and is now mainly blocked off to prevent further fly tipping although I think it has been used a few times for car accident scenes in Casualty.TheBigBean said:
I think all the countries involved were offering similar subsidies.briantrumpet said:skyblueamateur said:
This is fantastic news. I hope there’s more of it soon. Some of us want the country to succeed regardless of political persuasionTheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds
Cheap at half the price.0 -
pblakeney said:
Steel can go and bankers are moving to Paris. Who needs management consultants? We need managers.rick_chasey said:
Tbh if you can find anyone who can run Uk steel without a loss you’ll make a fortune. Not possible afaik.pblakeney said:Same TATA that constantly threatens to close the UK steel industry without further bungs?
But yes get rid of bankers and management consultants ✌🏻
Meanwhile, woohoo, go Britain! #sarcasm
And you can bet they all get paid a lot. It’s a good business.
I have very little time for people who are snobby about how they make money.
As long as you’re ethically and legally sound, go nuts.0 -
Quite a few remain.pblakeney said:
Steel can go and bankers are moving to Paris. Who needs management consultants? We need managers.rick_chasey said:
Tbh if you can find anyone who can run Uk steel without a loss you’ll make a fortune. Not possible afaik.pblakeney said:Same TATA that constantly threatens to close the UK steel industry without further bungs?
But yes get rid of bankers and management consultants ✌🏻
Meanwhile, woohoo, go Britain! #sarcasm0 -
Beat me to it. Its a bit like tax competition for overseas investment, although with the rules on that tightening grants and commercial subsidises seems to be getting relatively more common.TheBigBean said:
I think all the countries involved were offering similar subsidies.briantrumpet said:skyblueamateur said:
This is fantastic news. I hope there’s more of it soon. Some of us want the country to succeed regardless of political persuasionTheBigBean said:As this the car industry thread, some news
https://www.bbc.co.uk/news/business-65698529
But don't fear, the Guardian has found some bad Brexit news. Many posters can relax now.
https://www.theguardian.com/politics/2023/may/24/brexit-food-trade-barriers-have-cost-uk-households-7bn-report-finds
Cheap at half the price.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Double post.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Yet you don't seem too keen on manufacturing etc. without which there would be far fewer businesses needing the professional services sector.rick_chasey said:pblakeney said:
Steel can go and bankers are moving to Paris. Who needs management consultants? We need managers.rick_chasey said:
Tbh if you can find anyone who can run Uk steel without a loss you’ll make a fortune. Not possible afaik.pblakeney said:Same TATA that constantly threatens to close the UK steel industry without further bungs?
But yes get rid of bankers and management consultants ✌🏻
Meanwhile, woohoo, go Britain! #sarcasm
And you can bet they all get paid a lot. It’s a good business.
I have very little time for people who are snobby about how they make money.
As long as you’re ethically and legally sound, go nuts.
I suspect many people's view of management consultants are probably formed from any experience they've had where the place they've worked has used them. I suspect that it is similar to your own sector though where most of us experience the lower end of the spectrum that can give a whole sector a bad name. I think there is also a perception of 'the management consultants coming in' often being followed closely by 'cost cutting measures' that result in redundncies and a company being a less pleasant place to work (certainly the case in my own limited experience).0 -
Most do. It's the difference between reality and what some posters want to happen.TheBigBean said:
Quite a few remain.pblakeney said:
Steel can go and bankers are moving to Paris. Who needs management consultants? We need managers.rick_chasey said:
Tbh if you can find anyone who can run Uk steel without a loss you’ll make a fortune. Not possible afaik.pblakeney said:Same TATA that constantly threatens to close the UK steel industry without further bungs?
But yes get rid of bankers and management consultants ✌🏻
Meanwhile, woohoo, go Britain! #sarcasm"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
The problem I have with manufacturing is really that the UK isn't that competitive in it, laregly, and I feel because there is a level of (boomer?) nostalgia that courses through UK politics, it is disproportionately favoured without much commercial reality to back it up. If we were in Germany right now I'd have a different view.Pross said:
Yet you don't seem too keen on manufacturing etc. without which there would be far fewer businesses needing the professional services sector.rick_chasey said:pblakeney said:
Steel can go and bankers are moving to Paris. Who needs management consultants? We need managers.rick_chasey said:
Tbh if you can find anyone who can run Uk steel without a loss you’ll make a fortune. Not possible afaik.pblakeney said:Same TATA that constantly threatens to close the UK steel industry without further bungs?
But yes get rid of bankers and management consultants ✌🏻
Meanwhile, woohoo, go Britain! #sarcasm
And you can bet they all get paid a lot. It’s a good business.
I have very little time for people who are snobby about how they make money.
As long as you’re ethically and legally sound, go nuts.
I suspect many people's view of management consultants are probably formed from any experience they've had where the place they've worked has used them. I suspect that it is similar to your own sector though where most of us experience the lower end of the spectrum that can give a whole sector a bad name. I think there is also a perception of 'the management consultants coming in' often being followed closely by 'cost cutting measures' that result in redundncies and a company being a less pleasant place to work (certainly the case in my own limited experience).
It's clearly not universal, Rolls Royce is a global leader blah blah, but then so is Deloitte. We get massive press releases when a factory opens somewhere, but no-one seems to give a sh!t Deloitte increased revenue by 70% over 10 years and employs 415,000 people or that they planned to hire 6,000 new auditors and assurance professionals in the UK in 2022 over 5 years.
In addition to that, in general, manufacturing jobs are harder to do later in life; standing up in a factory all day is fine in your 20s,30s, 40s, but in your 60s it's increasingly difficult, and we will still need people to work in their 60s because of demographics.
Desk-based work is easier on the body.
0 -
To keep on the deloitte theme, here is their press release on their consutling side (other side to audit above)
https://www2.deloitte.com/uk/en/pages/press-releases/articles/deloitte-to-grow-uk-consulting-practice-by-40-percent-by-2027.htmlUK headcount will grow to around 11,000 by 2027 and will build on the approximately 1,200 new jobs created across the country in FY22
That's a lot of jobs, but that doesn't get the headlines, whereas some battery factory does
(IIRC Car factories employ around 6,000 directly per factory)0
