Invoking Article 50

[Alice Purjorick]

With Nissan's rapid volte-face there is clearly something on the table now that wasn't there a few weeks ago.
Nissan will want to be held harmless so it's likely to money of some sort or another. Right now as we are part of the EU we cannot offer state aid so it ain't that.
A "holiday" on business rates? "Super duper" deals on energy costs?
How many components for the Nissan are of Japanese origin?
Plenty to go at.
The other thing is as Nissan is tied in with Peugeot the option might be a new plant in France. No one in their right mind opens things up in France. Ask Marks and Spencer and Unisys how difficult it is to close anything down there.

[stephen25000]

There won't be any trade tariff, we import far more motor vehicles from Europe than we export...it isn't rocket science!

Your dreaming John.

There will be tariffs.

Much as you won't or can't admit it, we will have to abide by world trade rules.

The world does not owe the UK any special treatment.

[John]

With Nissan's rapid volte-face there is clearly something on the table now that wasn't there a few weeks ago.
Nissan will want to be held harmless so it's likely to money of some sort or another. Right now as we are part of the EU we cannot offer state aid so it ain't that.
A "holiday" on business rates? "Super duper" deals on energy costs?
How many components for the Nissan are of Japanese origin?
Plenty to go at.
The other thing is as Nissan is tied in with Peugeot the option might be a new plant in France. No one in their right mind opens things up in France. Ask Marks and Spencer and Unisys how difficult it is to close anything down there.

Speaking on BBC Question Time last night the business secretary who was directly involved in the talks with Nissan confirmed he 'has no chequebook' and that no financial incentives were given to the company.

[John]

Tour dreaming John.

There will be tariffs.

Much as you won't or can't admit it, we will have to abide by world trade rules.

The world does not owe the UK any special treatment.

The world is our oyster regardless of bankrupt Europe.  Have you seen the latest financial reports from Italy, yet another basket case economy thanks to the EU? 

[Alice Purjorick]

Speaking on BBC Question Time last night the business secretary who was directly involved in the talks with Nissan confirmed he 'has no chequebook' and that no financial incentives were given to the company.

Yeah so Nissan changed its mind for reasons of altruism then ?

[stephen25000]

Speaking on BBC Question Time last night the business secretary who was directly involved in the talks with Nissan confirmed he 'has no chequebook' and that no financial incentives were given to the company.

Utter rubbish.

Keep up with todays news.

They have a deal with the government to pay the 10% tariff.

i.e. the tax payers.

[stephen25000]

The world is our oyster regardless of bankrupt Europe.  Have you seen the latest financial reports from Italy, yet another basket case economy thanks to the EU?

Dream on John.

Then look at the real UK debt including pensions.

It is an eye opener,and then compare it to Italy.

[John]

Utter rubbish.

Keep up with todays news.

They have a deal with the government to pay the 10% tariff.

i.e. the tax payers.

I think the UK trade secretary who was involved in talks with Nissan knows what he is talking about compared to some London hacks.  It is not in the EU car makers interests to invoke any tariff.

https://www.theguardian.com/business/2016/oct/27/new-nissan-super-plant-hopes-for-tariff-free-eu-access

[John]

Dream on John.

Then look at the real UK debt including pensions.

It is an eye opener,and then compare it to Italy.

Brexit is a wonderful opportunity for the whole UK.

[stephen25000]

I think the UK trade secretary who was involved in talks with Nissan knows what he is talking about compared to some London hack.  It is not in the EU car makers interests to invoke any tariff.

https://www.theguardian.com/business/2016/oct/27/new-nissan-super-plant-hopes-for-tariff-free-eu-access

It was in our interests not to leave the EU.


As to tariff free after brexit, dream on.

[stephen25000]

Brexit is a wonderful opportunity for the whole UK.

You are going to be very disappointed on that.

[Carana]

Brexit is a wonderful opportunity for the whole UK.

Perhaps it will turn out to be.

However, for the moment, I have yet to see anyone who had a plan of how this is supposed to work.

It still seems as if the debate was emotive versus rational, and now everyone is going around like headless chickens.

[Carana]

I have no problem that the EU is seen (and to some extent no doubt is) an extremely slow and bureaucratic machine.

Ok.

The tabloids have long been rabble-rousing against the EU.

Perhaps a question is whether the tabloids pander to the known demographics of their readership, and / or whether an editorial stance influences the views of their readers.

[Carana]

Brexit is a wonderful opportunity for the whole UK.

I'm happy to listen to your rationale for that, John.

[Carana]

I am not blaming the EU I am pointing out we have HISTORY of being a great nation- standing alone against Europe over many millenium. How come we are being told we can't survive and the sky will fall on us when we leave? Eu is a bankrupt group of small nations..look at the WORLD market oh much, much bigger.

Lots of civilsations had a great history at some point.

The Romans ended up with Berlasconi.