EU accepts inevitable informal negotiations before Article 50

[sirja]

Germany's Siemens makes long-term commitment to UK after Brexit vote | City A.M.

Siemens chief executive Joe Kaeser has vowed to continue investing in the UK after the EU referendum result.

He told the Telegraph: “We’re here for the long-term and we don’t let ourselves get jerked up and down. We’re staying because the UK is a good place to do business.”


Apart from a "manager" at Europes biggest Enginerring company

Have you considered that he's saying this becasue he's been assured by 'The powers that be' that the UK will remain in the single market come what may?

Such comments will be much more significant if they are made after the UK confirms it's leaving the EU and the single market.

[original PM]

Have you considered that he's saying this becasue he's been assured by 'The powers that be' that the UK will remain in the single market come what may?

Such comments will be much more significant if they are made after the UK confirms it's leaving the EU and the single market.

It's all well and good thinking that their is a 'cheaper' for force else where in the EU.

But companies like that need a skilled workforce not a cheap one and that reduces the possible locations to move to quite significantly.

[GB9]

Have you considered that he's saying this becasue he's been assured by 'The powers that be' that the UK will remain in the single market come what may?

Such comments will be much more significant if they are made after the UK confirms it's leaving the EU and the single market.

Look behind you. A Martian!

[DodgyAgent]

Have you considered that he's saying this becasue he's been assured by 'The powers that be' that the UK will remain in the single market come what may?

Such comments will be much more significant if they are made after the UK confirms it's leaving the EU and the single market.

I have considered it. I have also considered that the UK is in far stronger position than the remain miserablists want us to believe

[FatLazyContractor]

I have considered it. I have also considered that the UK is in far stronger position than the remain miserablists want us to believe

Are you still religiously following Dailymail, Mirror and Sun?

[BlasterBates]

It's all well and good thinking that their is a 'cheaper' for force else where in the EU.

But companies like that need a skilled workforce not a cheap one and that reduces the possible locations to move to quite significantly.

You'll find that companies have manufacturing locations distributed in Europe. Nissan for example has a manufacturing plant in Spain. It's pretty clear it could easily expand that and reduce production in the UK to cater for the EU market.

This you'll see for most companies. As Lord Turnbull said in a select committee meeting, companies won't simply up sticks and move, it's more like a death of thousand cuts where individual investment decisions are made to favour other countries when new investment and new manufacturing facilities are required, i.e. expanding EU operations at the expense of the UK. Almost all of these companies will be retaining a presence in the UK, but over time they'll shrink.

[DodgyAgent]

Are you still religiously following Dailymail, Mirror and Sun?

Andrew Neil do a google search with him and "miserablist"

[sirja]

I have considered it. I have also considered that the UK is in far stronger position than the remain miserablists want us to believe

Fair enough, I guess we'll know for sure in the next 12-18 months

[SueEllen]

Germany's Siemens makes long-term commitment to UK after Brexit vote | City A.M.

Siemens chief executive Joe Kaeser has vowed to continue investing in the UK after the EU referendum result.

He told the Telegraph: “We’re here for the long-term and we don’t let ourselves get jerked up and down. We’re staying because the UK is a good place to do business.”


Apart from a "manager" at Europes biggest Enginerring company

Most people in this country are employed by SMEs. Some of these SMEs rely heavily on selling into European markets. These are the companies who are going to suffer as unlike larger companies they don't have a department of people to deal with customs paperwork.

[sirja]

You'll find that companies have manufacturing locations distributed in Europe. Nissan for example has a manufacturing plant in Spain. It's pretty clear it could easily expand that and reduce production in the UK to cater for the EU market.

This you'll see for most companies. As Lord Turnbull said in a select committee meeting, companies won't simply up sticks and move, it's more like a death of thousand cuts where individual investment decisions are made to favour other countries when new investment and new manufacturing facilities are required, i.e. expanding EU operations at the expense of the UK. Almost all of these companies will be retaining a presence in the UK, but over time they'll shrink.

Take a bow Sir! Your intelligence shines through