Hard Brexit - will there any way back?

[sasguru]

Let's say there's a hard Brexit and all the Japanese companies leave (they have said several times they can't afford to operate in the UK in that event - and their PM has confirmed with May that is the case) , then what happens if and when the factories close?
I doubt there's any British business that can take on mass car manufacturing (or would want to, or has the experience to for that matter).
Brexiters themselves have previously said this is what will happen. Their solution is for sacked employees to do some "marketing".
But market what?

MPs react after Vote Leave economist admits Brexit would 'mostly eliminate manufacturing' - Chronicle Live

[original PM]

If the only reason they were viable was due to external funding surely that means it was not viable in the first place.

Because ultimately where was the money coming from which was supporting them.

Please do not come back with the usual bulltulip about trade tariffs.

[sasguru]

If the only reason they were viable was due to external funding surely that means it was not viable in the first place.

Because ultimately where was the money coming from which was supporting them.

Please do not come back with the usual bulltulip about trade tariffs.

The only external funding they got was from Maggie (development grants) in the 80s when they set up.
They're viable with non-tariff trade and JIT supply chains across Europe, they aren't viable without.
What do you mean by "usual bulltulip about trade tariffs"?

[Eirikur]

Reintroduction of the Robin will save Britain:

[meridian]

If the only reason they were viable was due to external funding surely that means it was not viable in the first place.

Because ultimately where was the money coming from which was supporting them.

That's not what they've said.

Please do not come back with the usual bulltulip about trade tariffs.

Tariffs and non-tariff barriers, including rules of origin. Why is this bulltulip?

[Paddy]

If the only reason they were viable was due to external funding surely that means it was not viable in the first place.

Because ultimately where was the money coming from which was supporting them.

Please do not come back with the usual bulltulip about trade tariffs.

1. Nearly every fu""ing low paid job in the UK is subsidised using tax credits, housing benefits, council tax reductions etc.

Do you order your pizza to be delivered by a less than minimum wage cyclist? Go to the pub with drinks served by minimum wage staff? They are all subsidised.

2. There will be trade tariffs and long queues at customs. Since Car factories rely on just-in-time parts, holdups at ports will make the factory unviable.

[BlasterBates]

If there was a Hard Brexit, the only industries you would keep are the ones that are viable for a relatively small market. When Britain went into the Common Market its home grown manufacturing industries were doomed GEC and British Leyland are no more. You will therefore be left with fruit farms, small fishing boats and import logistics.

[Yorkie62]

If there was a Hard Brexit, the only industries you would keep are the ones that are viable for a relatively small market. When Britain went into the Common Market its home grown manufacturing industries were doomed GEC and British Leyland are no more. You will therefore be left with fruit farms, small fishing boats and import logistics.

Neither GEC or BL were killed off by the common market as you implied. Both were killed off by incompetent management, and in BLs case continuous infighting amongst the individual brand management chains, MG, Triumph,Austin, Rover, etc.

Oh and parts of GEC still do exist. They are now owned by BAE

[BlasterBates]

Both were killed off by incompetent management, and in BLs case continuous infighting amongst the individual brand management chains, MG, Triumph,Austin, Rover, etc.

You've obviously understood, the British are incapable of running a manufacturing company.

QED

[BlasterBates]

Pound crashing as vote is delayed currently at EUR 1.1

The pound is going to crash big time if there is a no deal. Well under 1 EUR me thinks.