BREXIT - Is This Really Still Rumbling On? 😴
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we had a say in the eu rules, now we don't
my bike - faster than god's and twice as shiny0 -
I get that too!
Ironically, the postponed again biometric entry system thing was heavily supported by the UK when we were still "on board", though you'd be forgiven for thinking it's a plot specifically designed by the EU just to annoy the Brits, if you read the pro-Tory press.
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The UK also gets to not impose additional tariffs on Chinese batteries.
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Reminds me of when the EU decided solar panels couldn't be produced for less than €350k/MW without dumping, so brought in a minimum price to protect German manufacturers who all went bust anyway. The price now for panels is less than €100k/MW.
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My post didn't make a lot of difference after you bumped it this morning. I'll go back to letting it die again😊
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
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Did you read it?
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Yes, insurance and other jobs have increased, but 40k finance jobs lost is 40k finance jobs lost, if the Lord Mayor of the city of London is to be believed. Of course, it's possible he doesn't know what he's talking about.
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There's 40k fewer finance jobs than he thought there would be under a hypothetical job growth scenario. There's actually more people employed in the City than before Brexit.
It's a headline designed for you Brian.
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it's also hitting other business
at frieze last week, galleries were saying buyers are staying away due to brexit red tape and costs, for eu buyers it's simpler/cheaper to buy/sell in eu, similar story for auction houses, the usa/hk also make it much easier than the uk
the brexiters killed duty free, that was a huge hit for high-end retail, plus the collateral damage to the hospitality industry and other venues as people went elsewhere with their money
https://jingdaily.com/posts/brexit-vat-duty-free-chinese-tourism-uk
my bike - faster than god's and twice as shiny0 -
The art market has collapsed so it shouldn't be surprising that a market of art has struggled this year.
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😀
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
But everything is the fault of Bwexit, surely?
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
doesn't look particularly collapsed
my bike - faster than god's and twice as shiny0 -
it certainly hurt the uk
or do you deny that?
my bike - faster than god's and twice as shiny0 -
Your evidence is something from March 2023? If you google you will find endless articles talking about the collapse.
For example,
As art became a serious business over the last few decades, with record multimillion-dollar sales eclipsing one another, it seemed as though values could just rise in perpetuity. But this year has been a reality check.
High-end art sales have slumped. Sellers have withdrawn prominent works from major auctions at the last minute, for fear of jeopardizing artists’ markets. More than a dozen galleries have closed in Manhattan. Layoffs have begun to creep through the $65 billion industry, as one of its largest companies, Christie’s, saw revenue plunge. It took in $2.1 billion from auctions in the first six months of this year, down from $4.1 billion during the same period in 2022.
In today’s newsletter, I’ll explore some reasons the art business has slowed, and how it’s affecting a rising generation of artists.
The high point
Jaws dropped on a November evening in 2022, when collectors bought a record $1.5 billion worth of paintings in a single night at the Christie’s auction house. Buyers snapped up a parade of masterpieces by artists including Vincent van Gogh, Paul Cézanne and Gustav Klimt — all from the collection of the Microsoft co-founder Paul G. Allen.
That frenzied night seemed to forecast a booming future for an industry that had been getting hotter by the year. But it actually marked the peak of the market.
https://www.nytimes.com/2024/08/18/briefing/art-market-downturn.html
Here's some reddit discussion which I haven't bothered to read.
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Some might say that freedom has a price. And it was less than the doom mongers of Project Fear were claiming.
Anyway, no point crying over spilt milk now.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
I guess I'm more to your side of the argument re Brexit than many here, but from what have we been freed in practical terms? Note that I'm not asking about what we've been freed from in theory. e.g. What can I do now that I couldn't do as an EU citizen and what is the UK doing that it couldn't previously do?
I'll give you a starter for ten: Timtams are now available to buy at Waitrose, which they weren't previously.
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I've given you two examples on this page. VAT on private schools and cheap Chinese batteries.
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no idea what a timtam is, would it be a candidate for first known brexit benefit? or is it some kind of toxic waste?
my bike - faster than god's and twice as shiny0 -
Pretty thin pickings really, given how long that the pro-Brexit lobby had to formulate their plans. And that's obviously without factoring in the price paid.
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A Timtam is an Australian chocolate biscuit. Our then fearless leader Mr Johnson specifically mentioned them as a benefit of a future UK/Aus trade deal. (Whilst curiously omitting the potential downsides to UK farmers.)
Having tried one at the behest of an Aussie colleague, I wouldn't rule out them actually being chocolate coated toxic waste.
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It's just a few random examples. Brexit was never going to be the glorious success/failure that the hardcore believed.
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'strewth
my bike - faster than god's and twice as shiny1 -
Not that I think Brexit will ever be a good idea, the benefits from no longer being tied into the dysfunctional decision-making machinery within the EU may be larger than anticipated. The collective responses to a succession of "events" both external (e.g. Putin) and internal (e.g. Orban) have been flat-footed at best. Obviously with the Tories in charge until recently, there was no chance of "out-competencing" the EU, as that would require UK government competence, and the odds on it happening under Starmer are lengthening by the day, what with the ongoing "freebies" issue and an alarming pattern of unpreparedness re the Budget.
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with the changing of the guard across all parties, and the decade+ of infighting, corruption, disinformation, incompetence, anti-rights/anti-business populism and denigration of expertise, i believe that there's a real lack of ability and knowledge about how to effectively govern
labour's debut playing with the toys and grabbing the freebies shows they need to grow up fast, otherwise they'll start to make johnson/truss/sunak look competent in comparision
my bike - faster than god's and twice as shiny1 -
There is also what regs etc we will not have be tied to as the EU meets each successive crisis with the brilliant solution of 'more Europe' and greater integration. As I've said before, the EU seems hell bent on regulating itself into economic decline and we should stay away from that.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
We can match them pretty closely on the regulation front.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
UK regulations are usually health and safety focused though.
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Weeeeell....
[Picks up hobby horse]
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition1
