Brexit

[Craiglxviii]

Black Sheeps good too. My favourite on a summers day is Citra. Really refreshing.

Not keen on lagers (which probably sounds a bit odd coming from a Kiwi)!

But I thought you didn't give a Castlemaine XXXX for anything else?

 

[LostKiwi]

But I thought you didn't give a Castlemaine XXXX for anything else?

They only called it XXXX because they couldn't use the name everyone else did!

 

[Craiglxviii]

They only called it XXXX because they couldn't use the name everyone else did!

Haha! I'd believe that!

 

[JBell]

Although round my way shops have started to stock Estrella, which is the only lager I'll drink, usually while I'm in Menorca.

See if you can find the green label one "Estrella De Levante", it's the Murcia version, very nice.

I drink Asahi or Cobra, they are smoother and less fizzy

 

[dry run]

See if you can find the green label one "Estrella De Levante", it's the Murcia version, very nice.

Not after Brexit you won't

 

[JBell]

Not after Brexit you won't

 

[Frontstep]

That's right after Brexit beer sales are banned were going teetotal

 

[Craiglxviii]

That's right after Brexit beer sales are banned were going teetotal

Ha they tried that over the pond, ask Chicago how well it went...

 

[JBell]

Ha they tried that over the pond, ask Chicago how well it went...

Didn't it start NASCAR?

 

[Craiglxviii]

That's right after Brexit beer sales are banned were going teetotal

Didn't it start NASCAR?

In Florida and Georgia yes, as well as unlimited powerboat racing.

 

[JBell]

In Florida and Georgia yes, as well as unlimited powerboat racing.

Every cloud and all that

 

[Taffy7hfa]

Toyota says it is to invest £240m upgrading its car plant at Burnaston in Derbyshire, in another a vote of confidence after the Brexit vote.

 

[Frontstep]

Isn't all trade supposed to be coming to a juddering halt, what are Toyota up to ?

There's a growing list of big name companies investing in Britain's future, the stock market is storming away what's going on I keep being told were about to shut !

 

[Craiglxviii]

Toyota says it is to invest £240m upgrading its car plant at Burnaston in Derbyshire, in another a vote of confidence after the Brexit vote.

Yes this is a turnup for the books. Press & Weld 1&2 get main overhauls, they've won an unannounced new model and they're moving their paint shop to water based. Rumours that the GI Club might make a permanent base in the U.K. too.

 

[LostKiwi]

The stock market is storming away because the pound is weak. That makes UK shares cheap to buy for foreign investors.
When the pound goes up, the shares go down and vice versa.

Whilst its good new Toyota are investing balance it against the total UK investments in the UK motor trade:

From the BBC:
"In January the industry trade body, the SMMT, said that there was £1.66bn of committed investment announced by the industry in the UK in 2016. That was down from £2.5bn the previous year."

For the next 2 years the manufacturers will have something of a gold rush - the UK pound is weakening (and expected to drop to parity with the Euro by the end of 2017 according to some) making UK goods cheaper everywhere and we still are part of the EU so they have the benefit of the free trade with the EU.
The big question will be what happens after that 2 years. At present this low £/free trade situation is a heaven sent opportunity for manufacturers.

 

[prwales]

I suppose this is fall out from the brexit vote but Gideon has just landed himself a plum newspaper job. The title belongs to Rothermere one of the handful of billionaires that own our "free press" and manage the news so we think as they think we should think

http://www.bbc.co.uk/news/uk-39304944

 

[Craiglxviii]

The stock market is storming away because the pound is weak. That makes UK shares cheap to buy for foreign investors.
When the pound goes up, the shares go down and vice versa.

Whilst its good new Toyota are investing balance it against the total UK investments in the UK motor trade:

From the BBC:
"In January the industry trade body, the SMMT, said that there was £1.66bn of committed investment announced by the industry in the UK in 2016. That was down from £2.5bn the previous year."

For the next 2 years the manufacturers will have something of a gold rush - the UK pound is weakening (and expected to drop to parity with the Euro by the end of 2017 according to some) making UK goods cheaper everywhere and we still are part of the EU so they have the benefit of the free trade with the EU.
The big question will be what happens after that 2 years. At present this low £/free trade situation is a heaven sent opportunity for manufacturers.

In this case though "investment" is not a continuous proposition. That investment really represents each specific plant- Sunderland and Burnaston- having bidders for, and been awarded the manufacturing project of two and one new models respectively. Think of it as capital rather than income. What it shows is that Nissan and Toyota see at least 6-7 years of production beyond the current models which have several years more to run. Call it a decade. That means that they have decided to stay in the UK to see how Brexit plays out.

The plants cannot take continuous "investment" in the traditional sense without either being torn down and rebuilt, or being expanded while production continues. As neither company have the need to significantly increase build volumes, this investment should be seen as a very positive sign of continued business presence.

 

[Frontstep]

The stock market is storming away because the pound is weak. That makes UK shares cheap to buy for foreign investors.
When the pound goes up, the shares go down and vice versa.

Whilst its good new Toyota are investing balance it against the total UK investments in the UK motor trade:

From the BBC:
"In January the industry trade body, the SMMT, said that there was £1.66bn of committed investment announced by the industry in the UK in 2016. That was down from £2.5bn the previous year."

For the next 2 years the manufacturers will have something of a gold rush - the UK pound is weakening (and expected to drop to parity with the Euro by the end of 2017 according to some) making UK goods cheaper everywhere and we still are part of the EU so they have the benefit of the free trade with the EU.
The big question will be what happens after that 2 years. At present this low £/free trade situation is a heaven sent opportunity for manufacturers.

But the markets look at five years ahead ?

Besides I remember very clearly being told that immediately post Brexit there would be a stock market crash and a steep fall in house prices nobody mentioned on the remain side about a "gold rush"

Lets face it your making it up as you go along trying to talk Britain down what's next.

I could join in and waffle .........how about crop failures and plagues lets go really biblical, locusts and floods.

We would all have to queue up for the "Remain Ark"

 

[LostKiwi]

But the markets look at five years ahead ?

And where did I mention a timescale? I said for the next 2 years the manufacturers will have a bonanza (we're still in the EU remember?) Its what happens after that becomes interesting.

Besides I remember very clearly being told that immediately post Brexit there would be a stock market crash and a steep fall in house prices

I remember being told there would the £350m for the NHS and we'd be able to control immigration (even when we never had for non-EU imigrants before!). And while we're at it we are still in the EU. Brexit has yet to happen.

Lets face it your making it up as you go along trying to talk Britain down what's next.

Making what up? The figures quoted are real. The pound has dropped and the free trade still exists ergo UK items sold in the EU are now cheaper than they were. Thats not fabrication nor is it rocket science (unless you're hard of thinking?)

I could join in and waffle .........how about crop failures and plagues lets go really biblical, locusts and floods.

Waffle away. I'm used to your waffle now.

 

[Frontstep]

Your a busted flush constantly trying to run Britain down because you lost,
you said two years of gold rush at least its now got funny.

I shall christen you Private Frazer "were all doomed"