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Fook business

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    #11
    Originally posted by original PM View Post
    And how much of his business is exporting to the EU?
    Good question.

    “If there is no deal, we won’t be here,” he said. Half of the company’s sales are in Europe and, if Britain crashes out of the EU and defaults to World Trade Organization rules, the business will be dead.

    There would be tariffs of 16.9% on footwear, 12% on T-shirts and jackets, 14% on bicycles and almost 7% on leather motorbike jackets and neoprene wetsuits, killing his competitiveness against his German and Dutch rivals.

    “Any friction, any tariff of any description and we are not going to be in business. We are not selling anything unique, we are toe to toe with German companies selling the same product. [If] we have delays of two weeks, we are out of business. This is a business that does not work if the UK is not in the single market,” Loughlin said.

    He was invited to Westminster to give a talk in Portcullis House about the challenges Brexit was posing to businesses in the west country. “Not a single Tory MP showed up,” he said. Jacob Rees-Mogg, a prominent Brexiter, is the MP for North East Somerset, a neighbouring constituency.

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      #12
      “Any friction, any tariff of any description and we are not going to be in business. We are not selling anything unique, we are toe to toe with German companies selling the same product.

      If they were they would not have a problem.

      But yes there is a fair point business will have to re-evaluate their markets based on new market forces which have come into being due to Brexit.

      Do you think there would have been no changes to market forces had we not voted to leave?

      The concept that everything would have stayed rosey for everyone had we stayed in the EU is flawed.

      Comment


        #13
        Originally posted by original PM View Post
        “Any friction, any tariff of any description and we are not going to be in business. We are not selling anything unique, we are toe to toe with German companies selling the same product.

        If they were they would not have a problem.
        Which is pretty much irrelevant to workers trying to make a living in the company. They do have a problem and it is caused by the disaster capitalist ERG types and the useful idiots who swallowed their propaganda.

        Comment


          #14
          Originally posted by Old Greg View Post
          Which is pretty much irrelevant to workers trying to make a living in the company. They do have a problem and it is caused by the disaster capitalist ERG types and the useful idiots who swallowed their propaganda.
          But that is not the point.

          This guy is saying that he may see a reduction in sales due to a potential tariff on goods (not confirmed yet?) that are freely available in Europe.

          Maybe this guy made loads of money and pissed it against a wall so now his company is short of funds etc etc etc

          But anyway lets not jump to conclusions and see what happens.

          Comment


            #15
            Originally posted by original PM View Post
            But that is not the point.

            This guy is saying that he may see a reduction in sales due to a potential tariff on goods (not confirmed yet?) that are freely available in Europe.
            So leaving the single market and customs union will make his business less competitive. Hence why he is setting up operations in the EU. Bye bye British jobs. They were probably enemies of the folk anyway, so don't trouble your head too much about them.

            Comment


              #16
              Originally posted by Old Greg View Post
              So leaving the single market and customs union will make his business less competitive. Hence why he is setting up operations in the EU. Bye bye British jobs. They were probably enemies of the folk anyway, so don't trouble your head too much about them.
              And if there is a mass exodus and everyone in the Uk gets to go to the poor house then you may have a point.

              But one niche clothing company is not really a great barometer of that.

              Comment


                #17
                Originally posted by xoggoth View Post
                If most of these small businesses were tech startups it would be a problem but they aren't. Most are small shops, fast food takeaways, restaurants, leafletters etc. which only survive because of cheap labour. The UK is a low productivity nation compared to Germany in large part because immigration props up such marginal businesses which otherwise would make no economic sense. Low skilled immigration is taking our economy in the wrong direction.
                Yeah, that's right, feck those small businesses that only survive because Brits won't work for them and they employ those hard working Europeans who will. 'Cheap labour', well, kind of as they pay minimum wage, but I suppose that is the fault of the businesses not the government who set the minimum wage levels, or us customers who demand cheap food/products.

                Be glad when all those businesses have shut down. Who needs businesses on the high street, paying rates, paying taxes. Yeah, feck em all
                I am what I drink, and I'm a bitter man

                Comment


                  #18
                  Originally posted by Whorty View Post
                  Yeah, that's right, feck those small businesses that only survive because Brits won't work for them and they employ those hard working Europeans who will. 'Cheap labour', well, kind of as they pay minimum wage, but I suppose that is the fault of the businesses not the government who set the minimum wage levels, or us customers who demand cheap food/products.

                  Be glad when all those businesses have shut down. Who needs businesses on the high street, paying rates, paying taxes. Yeah, feck em all
                  That is a very good question.

                  Comment


                    #19
                    Originally posted by original PM View Post
                    And how much of his business is exporting to the EU?

                    Are other companies selling the same goods for cheaper? ( a quick google shows an unequivocally yes) so is his customer base really going to shrink that much.

                    How much will the tariff add onto the board shorts he sells?

                    What guarantee was he given that staying in the EU would have meant he would have been able to stay competitive?
                    What do you know about running businesses like this? How much of your money have you risked setting up a businesses like this? How many people do you employ? How often have you been invited to Portcullis House to speak?

                    Exactly. Those who voted out will never be forgiven for the damage they have inflicted on this country. You will be forever be remembered as the generation that destroyed the UK economy.
                    I am what I drink, and I'm a bitter man

                    Comment


                      #20
                      Originally posted by Whorty View Post
                      What do you know about running businesses like this? How much of your money have you risked setting up a businesses like this? How many people do you employ? How often have you been invited to Portcullis House to speak?

                      Exactly. Those who voted out will never be forgiven for the damage they have inflicted on this country. You will be forever be remembered as the generation that destroyed the UK economy.
                      Forgiven by whom? You? I think I can live with that.

                      You're getting emotional, and if you can't accept the will of a majority, maybe you should go and live elsewhere.
                      Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

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