Current Affairs EU In or Out

[nsno-chris]

Some costs will go up and some costs will come down, but the effect on items costing pennies will be another couple of pennies.....

It won’t be pennies; even if was, pennies to a small business can mean it’s life line

 

[spectateur]

But outside of the EU we can obtain materials from anywhere and without the EU protectionist barrier which keeps costs high.....

But you're still paying for them with a weak currency that won't buy many dollars, the international trading currency.
You can't get away from the fact that UK is going to pay dearly for the folly that is brexit.

 

[arminisgod]

It won’t be pennies; even if was, pennies to a small business can mean it’s life line

i'd argue that if a company is on life line due to a fluxation of a few % of cost increases... it's going bust soon

 

[nsno-chris]

i'd argue that if a company is on life line due to a fluxation of a few % of cost increases... it's going bust soon

you mean like a start up??

Very peculiar post, so if they’re struggling then that’s sound, let them fold.

 

[Brennan]

you mean like a start up??

Very peculiar post, so if they’re struggling then that’s sound, let them fold.

Precisely.

Even well run businesses often don’t operate with huge profit margins. The nature of a competitive market.

 

[arminisgod]

you mean like a start up??

Very peculiar post, so if they’re struggling then that’s sound, let them fold.

thats not what i said is it.

 

[arminisgod]

Precisely.

Even well run businesses often don’t operate with huge profit margins. The nature of a competitive market.

they run at more than 2% though

 

[nsno-chris]

thats not what i said is it.

You basically said that if it’s running that tight then they’re going bust. Which reads; they’re poorly run and it’s there fault.

If that’s not what you meant then I apologise

 

[peteblue]

But you're still paying for them with a weak currency that won't buy many dollars, the international trading currency.
You can't get away from the fact that UK is going to pay dearly for the folly that is brexit.

There is all sorts of nonsense and doom and gloom spouted. I even heard that we will not be allowed to fly planes. Now correct me if I’m wrong here, but Spain really likes U.K. customers going on holiday there, and a Spanish company also happens to be the major shareholder in Heathrow. So how do you think they will react....

 

[roydo]

There is all sorts of nonsense and doom and gloom spouted. I even heard that we will not be allowed to fly planes. Now correct me if I’m wrong here, but Spain really likes U.K. customers going on holiday there, and a Spanish company also happens to be the major shareholder in Heathrow. So how do you think they will react....

Aviation will be unaffected for 6 months. As in, safety and stuff will continue as is. Like you allude to, its a pretty zero point issue.

 

[peteblue]

You basically said that if it’s running that tight then they’re going bust. Which reads; they’re poorly run and it’s there fault.

If that’s not what you meant then I apologise

I think the point being that if a very small % cost increase on part of your material cost cannot either be absorbed through efficiency, other cost reductions or minor price changes, then that company would eventually fold with the next currency fluctuation anyway......

 

[spectateur]

There is all sorts of nonsense and doom and gloom spouted. I even heard that we will not be allowed to fly planes. Now correct me if I’m wrong here, but Spain really likes U.K. customers going on holiday there, and a Spanish company also happens to be the major shareholder in Heathrow. So how do you think they will react....

Brit masses will no longer be able to afford to go to Spain.
Good news for the UK tourist industry though.
Thousands of Spanish flocking to Brighton and Torquay and the like for cheap beer and chips.

 

[nsno-chris]

I think the point being that if a very small % cost increase on part of your material cost cannot either be absorbed through efficiency, other cost reductions or minor price changes, then that company would eventually fold with the next currency fluctuation anyway......

But as pointed out earlier, it won’t be pennies

 

[Bruce Wayne]

It is largely due to Covid, but logistics and supply chain managers are sweating about Brexit because it could be just as bad if not worse, particularly for entry routes like the channel tunnel which are currently not suffering as much as ports like Felixstowe.

Sadly many small businesses will go to the wall over the next 12-24 months, while the big players will be more able to weather the storm. Logistics companies will prioritise the big boys over smaller enterprises.

To be fair, it's probably a lot easier to manufacture demand when brown envelopes are involved, so you can understand why someone from the defence sector has no appreciation for other kinds of business.

 

[Bruce Wayne]

the enforcement agencies at the border don’t know what to plan for, never mind business.

In 20 days we leave the EU and decisions still haven’t been made on large aspects of border controls

it’s truly marvellous

Have they thought of bringing Pete and his buddies out of retirement?