ChatterBank1 min ago
Quite Right Too.
Although we would like to think we will get a good and reasonable deal from the EU for everyone, a no deal is possible so it’s good that the NHS is looking at what will happen if a no deal happens preparing for that eventuality. It is better than sticking ones head in the sand and crying buckets about uncertainty.
All businesses should be doing the same.
https:/ /www.bb c.co.uk /news/u k-polit ics-446 72873
All businesses should be doing the same.
https:/
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OG, where do you stand on the immediate imposition of tariffs should we ‘just walk away’?
Are you aware tariffs would immediately be payable on imports from Britain.
British food exporters average 14 per cent.
British car exports 10 per cent tariff.
There would also be tariffs on imports (unless we scrapped them for all countries who export to us).
many UK products would no longer be accredited for sale across the EU.
British-based financial firms would lose their passporting rights Immediately and would not be able to fly between airports within the Union.
These are just a few examples.
Are you aware tariffs would immediately be payable on imports from Britain.
British food exporters average 14 per cent.
British car exports 10 per cent tariff.
There would also be tariffs on imports (unless we scrapped them for all countries who export to us).
many UK products would no longer be accredited for sale across the EU.
British-based financial firms would lose their passporting rights Immediately and would not be able to fly between airports within the Union.
These are just a few examples.
ZM, nice bit of Project fear there.
Of course there will be changes and tarrifs, but we already pay a tarrif - circa 13bn a year. All this does is level the playing field, if you by an imported car you will have to pay the tarrif, not the tax payer. And so on.
As for planning, I would hope all big companies, and some smaller ones, are planning a few scenarios.
Of course there will be changes and tarrifs, but we already pay a tarrif - circa 13bn a year. All this does is level the playing field, if you by an imported car you will have to pay the tarrif, not the tax payer. And so on.
As for planning, I would hope all big companies, and some smaller ones, are planning a few scenarios.
//There would also be tariffs on imports (unless we scrapped them for all countries who export to us//
Unless. Exactly the point, ZM. The other points you make are the penalties we pay for "No Deal", but removing the tariffs on imports prescribed by the Customs Union is one of the immediate benefits of leaving without a deal.
(Also one of the reasons I voted "out" in the Harold Wilson referendum: these tariffs, which in some cases doubled food prices, hurt both the British consumer and our Commonwealth and EFTA partners who were providing cheap meat, dairy produce and sugar.)
Unless. Exactly the point, ZM. The other points you make are the penalties we pay for "No Deal", but removing the tariffs on imports prescribed by the Customs Union is one of the immediate benefits of leaving without a deal.
(Also one of the reasons I voted "out" in the Harold Wilson referendum: these tariffs, which in some cases doubled food prices, hurt both the British consumer and our Commonwealth and EFTA partners who were providing cheap meat, dairy produce and sugar.)
I would put higher import duty on goods we produce and buy ourselves.
Part of the reasons our production of things went down or went out of wholesale production is because it was cheaper to buy from outside. Even the stakes up a bit and then people can decide which ‘brand’ they want.
Probably an initial price increase but once production from home increases prices should go down... well that’s what I imagine would happen. (Other than the old maxim that whenever a price goes up it doesn’t come down again of course)
Part of the reasons our production of things went down or went out of wholesale production is because it was cheaper to buy from outside. Even the stakes up a bit and then people can decide which ‘brand’ they want.
Probably an initial price increase but once production from home increases prices should go down... well that’s what I imagine would happen. (Other than the old maxim that whenever a price goes up it doesn’t come down again of course)