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Blue_true

(31,261 posts)
Wed Sep 4, 2019, 12:21 AM Sep 2019

English, Scotish, Wales, Northern Ireland DU members.

How many companies have left your locations for the European continent? What type of effects are happening in your economies? It seems Britain is weak and adrift at this point.

12 replies = new reply since forum marked as read
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OnDoutside

(19,975 posts)
1. I can give you some info on this....
Wed Sep 4, 2019, 02:12 AM
Sep 2019

1 A relation of mine is a lawyer in London and of his top six clients based in the financial district, five of them have already moved to Paris or Frankfurt. These are people who left to set up their companies over there, and will bring or have brought, their people with them.

2 I started a permanent job with an American multinational which was a direct result of Brexit. They had bought into Europe, in the UK....and then Brexit happened ! So they then bought an Irish company to keep a foothold in the EU. So I was directly hired as a result. They've already moved some of the business to Ireland and made 2 dozen UK staff redundant.

It's real and it has already been happening.

OnDoutside

(19,975 posts)
11. I'm trying to look at this dispassionately, if the UK went out without a deal, I believe it will be
Thu Sep 5, 2019, 04:48 AM
Sep 2019

- catastrophic for the UK and Northern Ireland.
- cause serious damage to the Republic of Ireland, but the EU have already said that they will do whatever is necessary to support & lessen the effects on us.
- it will almost certainly cause a second Scottish Independence Referendum
- it may also force a United Ireland Border Poll, which could spark a return to violence
- it will most definitely force the re-imposition of a hard border between Ireland and NI, which could also spark a return to violence

Bear in mind, a recently completed Trade Deal between Canada and the EU, took SEVEN years to complete, if there's a no deal exit, the UK would have to trade on WTO terms, with everyone, until separate trade deals are negotiated with every country they trade with, and from a position of massive weakness. Trump, for example, will gut them.

LisaM

(27,842 posts)
2. I work with UK law firms. They aren't happy.
Wed Sep 4, 2019, 02:16 AM
Sep 2019

Those who didn't already have one have had to set up an office in an EU country. I work in IP.

Blue_true

(31,261 posts)
5. Do you anticipate having to deal with IP issues associated with Brexit?
Wed Sep 4, 2019, 08:30 PM
Sep 2019

For example, if the U.K. Or EU setup IP transfer restrictions, then that could create more issues for you (along with opportunity to add a business specialty and increase your volume of business). I am assuming that once (if) Brexit happens, some information that freely flows between the continent and the U.K. will have restrictions placed on it's flow.

LisaM

(27,842 posts)
8. Well, I'm just in trademarks.
Wed Sep 4, 2019, 08:43 PM
Sep 2019

What they've predicted to date is that any EU trademark will spin off a clone UK trademark, and then deadlines, fees will start accruing at that point. That's the easy part. The hard part will be use - if one company's EU use is solely in the UK, or a UK company only has use in other countries. It's going to create a mess, and trademarks are the least of it.

Hugin

(33,222 posts)
3. I've noticed a beer I drink occasionally has quietly relocated to an EU country.
Wed Sep 4, 2019, 02:26 AM
Sep 2019

After being located in England for several hundred years. Also, it's getting difficult to find in the US.

Blue_true

(31,261 posts)
7. That is strange. I would guess that the brewery would downsize in the U.K. but remain,
Wed Sep 4, 2019, 08:35 PM
Sep 2019

while setting up an EU operation that would be larger.

Given what he is like, my guess is as soon as the U.K. departs the EU, Trump is going to start a hotter, flatout trade war with the EU, under the belief that he can break the EU.

Hugin

(33,222 posts)
10. You could be correct.
Thu Sep 5, 2019, 02:06 AM
Sep 2019

There are groups which have despised the EU since it's inception.

Mainly because having it ended many of their former schemes involving money laundering and the carry trade. There's also the aspect of Kremlin aggression. Having a unified Europe and strong organizations such as NATO provides a check on moves the Russian syndicate would very much like to make.

 

smirkymonkey

(63,221 posts)
6. Why can't people see that this is going to be economically disastrous for the UK?
Wed Sep 4, 2019, 08:34 PM
Sep 2019

I don't understand why so many people are being so stubborn. The only thing I can think of is that they are like the Trump humpers over here, where their racism and hatred causes them to vote against their own economic interests.

Blue_true

(31,261 posts)
9. I am totally in the USA.
Wed Sep 4, 2019, 08:44 PM
Sep 2019

But from past reading, a lot of the impetus for Brexit was due to resentment toward trained eastern European people that came to the U.K. to fill EU related jobs. There was also an underlying hatred of immigrants in general. Hatred is a powerful salve, I see people that look to be destitute proudly sporting Trump stickers, eventhough, other than wanting their votes, he would not take the time to piss on them. Nationalism always has racism as a big component of it, if not all of it.

OnDoutside

(19,975 posts)
12. Because if you've been fed a diet of lies and horseshit by the RW media for all/most of your life,
Thu Sep 5, 2019, 04:53 AM
Sep 2019

it's too hard for many of them to admit you were taken in by one massive lie. Plus the biggest problem is that the English don't know who they are, and have never had that conversation of no longer being an Empire. For the Brexit voter, like the Trump voter, they're all in. It may take economic collapse (as in Germany) for that adjustment to take place.

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