Jaguar Land Rover to 'axe up to 5,000 jobs'

[BlasterBates]

If the EU is so bad how were the Polish able to increase their income 4 fold within 20 years ?

If the Brexit is so good why did UK wages in real terms go down last year.

[Old Greg]

If the EU is so bad how were the Polish able to increase their income 4 fold within 20 years ?

If the Brexit is so good why did UK wages in real terms go down last year.

You can't measure the value of Imperial weights and measures and a full range of banana curvatures in mere economic terms. This is about national independence.

[meridian]

Is that because

a) We do not have the skills?
b) We do not have the trade agreements?
c) We do not have labour that will work for less than a pound a day?

Why do you think - for example Slovakia can produce Jaguars (and/or Land Rovers) for less then the UK?

a) They have better skills than us?
b) They have better trade agreements than us?
c) They have cheaper labour costs?

How long do you think it will be before even the workers of Slovakia become too expensive and demanding and production needs to move again elsewhere to where the workforce can be found for much cheaper.

It's back to the race to the bottom.

Germany and Spain both produce more cars than the U.K. France produces roughly the same number of units.

All three countries pay far more on average than the U.K.

The global car manufacturing wage gap: what do car factory workers earn? | Auto Express

Of those three countries, they (probably) don’t have better skills, better trade agreements, or cheaper labour costs.

So it’s clearly not an EU problem why the U.K. is eliminating manufacturing. Try looking closer to home.

[Mordac]

[QUOTE=original PM;2612567]

I am not sure how much longer the EU can keep enticing people to the land of milk and honey when it appears no body has any money...

still i'm sure it will be fine.

Smoke and mirrors to begin with, and the heavy mob for when someone realises it's a giant ponzi scheme and tries to leave.

[Old Greg]

[QUOTE=Mordac;2612639]

Smoke and mirrors to begin with, and the heavy mob for when someone realises it's a giant ponzi scheme and tries to leave.

You don't know what a Ponzi scheme is, do you?

[Mordac]

[QUOTE=Old Greg;2612640]

You don't know what a Ponzi scheme is, do you?

Oh yes. In this case it's constantly recruiting cheap labour so the BigCo's have a better chance of making large profits. If the cheap labour runs out, everything falls on its arse. It's a slight twist on the traditional Ponzi scheme, which relies on an increasing number paying in to an investment scheme, but the principal stands.

[meridian]

Jaguar Land Rover to 'axe up to 5,000 jobs'

Oh yes. In this case it's constantly recruiting cheap labour so the BigCo's have a better chance of making large profits. If the cheap labour runs out, everything falls on its arse. It's a slight twist on the traditional Ponzi scheme, which relies on an increasing number paying in to an investment scheme, but the principal stands.

France and the U.K. are roughly the same size, both GDP and car manufacturing size.

What are the comparative wages for car manufacturing workers in each country?