Demon eyes is back....

[sasguru]

It has taken several hours for three plankton cells to come up with this garbage. :

"Do you really think that the indominatble fighting spirit that made Britain the worlds greatest ever military machine in history will allow itself to be bullied by a bunch of unelected eurotw*ts? If the EU thinks that it can impose soviet style authoritarianism on anyone wishing to leave then countries will queue up to leave."

You have as much as 3? Well done for persistence though.

[sasguru]

In contrast the UK has a positive balance of trade with the rest of the world.

What proportion of total trade is this?

Doesn't really matter.

You're wrong anyway

[Flashman]

BBC News - UKIP 'not the answer' to 21st Century issues says Blair




so now our Tone is against UKIP does any one want to support them?

Ah dear old Tony's back.

If only he'd spoken up last week the Labour vote would have gone the same way as the LibDems

[Mich the Tester]

Just out of interest, how many recruitment agents supply to the British car industry?

[DodgyAgent]

Just out of interest, how many recruitment agents supply to the British car industry?

retail or manufacturing?

[Mich the Tester]

retail or manufacturing?

both plus supply industries like catering, stationery, bog roll and so on

[DodgyAgent]

both plus supply industries like catering, stationery, bog roll and so on

Probably lots but we are not the ones whining about UKIP. Anyway someone has to sell the Ambassadors

[doodab]

What car industry, what there is all foreign owned, and using robots and cheap foreign labour

Do they even pay taxes in the UK ?

They might use the standard ruses for paying low corporation tax elsewhere but there's the shedloads of income tax and NI generated by the 3/4 of a million people who work in the automotive industry to consider, plus the saving in unemployment benefit those people aren't claiming.

[doodab]

which will easily be preventable by simply reducing corporate taxes, which even Labour will be forced to do in the circs - So it's win win all round!

In reality about half the cars built here are sold here so some of the manufacturing capacity will remain I'd expect. Even if only half the car industry leaves that still represents ~£30 billion or about 2% of GDP. Not to be sniffed at.

Nissan, Toyata et all already use the same transfer pricing schemes as everyone else and pay the bulk of their corporation tax elsewhere, so corporation tax is basically irrelevant to them. Of course those schemes may well stop working when we leave the EU providing another strong incentive for them to leave. At this rate, they will need a negative corporation tax rate to attract car companies interested in the EU to base themselves here when there is a 9.7% import duty on cars to the EU.

[doodab]

Christ on a bike. We import far more from the EU than we export to the EU.

And how much of that is inflated due to transfer pricing to offset profits and avoid corporation tax I wonder?