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UK politics - Hamsterwheel

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UK politics - Hamsterwheel

Old 30th Aug 2018, 10:50
  #15581 (permalink)  
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There should be great trading opportunities with the new deal. Manufacturers of beads and mirrors should be dancing in the streets.
The sort of racist and bigoted comment only those on the left think they can get away with..........
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Old 30th Aug 2018, 11:09
  #15582 (permalink)  
 
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Panasonic to move European headquarters out of UK.

https://www.bbc.co.uk/news/business-45351288
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Old 30th Aug 2018, 12:15
  #15583 (permalink)  
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Originally Posted by The Nip View Post
In English... The UK give the EU 13.1 billion. They give us back 4.5 billion as rebate. It doesn't matter how people spin it, any funds the UK receives, for regional development, is the UK tax payers money. Why should tax payers be thankful for the EU telling us how we have to spend our money?
I am sure the left leaning mob would be outraged if the Gov't told anyone receiving benefits how to spend the money.
Lets leave aside your Mail inspired interpretation of economics and look at the underlined above.

You will be delighted to learn the Gov't, well this Gov't in particular does actually tell people how to spend their benefits, not directly, although that would be very tempting for them of course, but in a more subliminal manner. This is achieved by cutting benefits for those most in need, and thus forcing them to choose between food, clothes, heating and housing costs,

However, you mentioned the mandatory (for JB ) left wing and mob in the same sentence .

Most of us will recall a certain visit in July when, again according to the JB Mailoscenti , London would be besieged by just such a "mob" and, to compound their patriotic angst, a certain balloon effigy was to be flown at the same time....which it was, for a couple of hours.

Now, it seems, the chums have had a whip round for a top hole spiffing reprise ......there again, given their affinity for all things retro ( any century will do ) they probably thought they were being asked for a donation to support the reinstatement of the Balloon Corps....

https://www.bbc.co.uk/news/uk-england-london-45352622
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Old 30th Aug 2018, 12:38
  #15584 (permalink)  
 
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Another triumph for Brexit ; today's news is Panasonic moves its European HQ to Amsterdam-but so what they are just a bunch of japs and we won the war didnt we.
Never mind its a couple of hundred well paying jobs lost, still people can always drive for Uber can't they. After all in Mr Rees-Moggs eyes anyone who didnt go to Eton is a peasant anyway.
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Old 30th Aug 2018, 12:45
  #15585 (permalink)  
 
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Originally Posted by pax britanica View Post
Another triumph for Brexit ; today's news is Panasonic moves its European HQ to Amsterdam-but so what they are just a bunch of japs and we won the war didnt we.
Never mind its a couple of hundred well paying jobs lost, still people can always drive for Uber can't they. After all in Mr Rees-Moggs eyes anyone who didnt go to Eton is a peasant anyway.
The article says 20 jobs out of a total of 30 could be affected.
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Old 30th Aug 2018, 13:04
  #15586 (permalink)  
 
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Originally Posted by Groundbased View Post
The article says 20 jobs out of a total of 30 could be affected.
Yes, indeed a very small number in the scheme of things, however........you know how Tesco says "every little helps"? Well this could be viewed as the reverse. A lot of small scale job losses leads to one very big number, and every one of those people will expect to receive social security benefits for themselves and their dependents for as long as is takes them to find a (suitable) job. And that just removes yet more money from the 350m that we were told would (some would say could) be given to the NHS.

One by one, the chickens are coming home to roost. Won't be long before there's a whole flock of them.
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Old 30th Aug 2018, 13:43
  #15587 (permalink)  
 
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Originally Posted by pax britanica View Post
We wil get blue passports but they will be made in France .
Not correct.
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Old 30th Aug 2018, 14:46
  #15588 (permalink)  
 
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Originally Posted by ATNotts View Post
Yes, indeed a very small number in the scheme of things, however........you know how Tesco says "every little helps"? Well this could be viewed as the reverse. A lot of small scale job losses leads to one very big number, and every one of those people will expect to receive social security benefits for themselves and their dependents for as long as is takes them to find a (suitable) job. And that just removes yet more money from the 350m that we were told would (some would say could) be given to the NHS.

One by one, the chickens are coming home to roost. Won't be long before there's a whole flock of them.

Peanuts compared to the, what - let's be kind and say 500,000 - who have arrived into the UK who work for minimum wage or black money and so contribute nothing to the Government's kitty for the extra infrasturucture that mass immigration requires for additional schools, medical services, lower cost housing, social benefits, etc, etc....
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Old 30th Aug 2018, 15:15
  #15589 (permalink)  
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Originally Posted by Hussar 54 View Post
Peanuts compared to the, what - let's be kind and say 500,000 - who have arrived into the UK who work for minimum wage or black money and so contribute nothing to the Government's kitty for the extra infrasturucture that mass immigration requires for additional schools, medical services, lower cost housing, social benefits, etc, etc....
Alas, the UK has already held something called a referendum in which those very same observations were mentioned, along with varying random guesses as to the numbers involved both fiscal and populace ......this was some two years ago by the way.
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Old 30th Aug 2018, 15:45
  #15590 (permalink)  
 
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Originally Posted by Groundbased View Post
The article says 20 jobs out of a total of 30 could be affected.
Yes, that made me chuckle as well. Obviously a tax dodge or some other Corporate scam. Love how the beeb constantly tries to spin this stuff as more Brexit bad news, when the truth is that leaving the EU is only likely to be bad news for those that live off the gravy train in the first place.

As a country, what we really need is a plan for sustainable living, i.e. net no (or very, very little) future GDP growth, dropping rabid expansion plans like the dreadful OxMKCam "corridor", HS2 and LHR Runway 3. And thus reducing over-reliance on cheap imported labour and relieving the strain on housing stock. Of course, first we need to ditch the current two party system, and get a sensible bunch of people in to enact some fresh thinking....

Last edited by andrewn; 30th Aug 2018 at 15:46. Reason: typo
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Old 30th Aug 2018, 15:50
  #15591 (permalink)  
 
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Peanuts compared to the, what - let's be kind and say 500,000 - who have arrived into the UK who work for minimum wage or black money and so contribute nothing to the Government's kitty for the extra infrasturucture that mass immigration requires for additional schools, medical services, lower cost housing, social benefits, etc, etc...
Given that these arrivals do not set their own wages, doesn't this sound a bit like "victim blaming"? I am sure they would happily pay taxes etc should their wages be at the appropriate levels.
I don't know how much income tax, council tax, N.I. etc people like Philip Green pay but I would imagine it be just as controversial as the issue of minimum wage "arrivals" and their contributions.
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Old 30th Aug 2018, 15:55
  #15592 (permalink)  
 
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Originally Posted by KelvinD View Post
Given that these arrivals do not set their own wages, doesn't this sound a bit like "victim blaming"? I am sure they would happily pay taxes etc should their wages be at the appropriate levels.
I don't know how much income tax, council tax, N.I. etc people like Philip Green pay but I would imagine it be just as controversial as the issue of minimum wage "arrivals" and their contributions.
I'm struggling with the parrallel you are drawing here? Philip Green is a single individual whom,as you say, probably pays the least tax he can get away with, but equally is unlikely to be a drain on finite resources - certainly not in the same way that an extra 500k low earner individuals would be.
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Old 30th Aug 2018, 16:26
  #15593 (permalink)  
 
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Originally Posted by Krystal n chips View Post
Alas, the UK has already held something called a referendum in which those very same observations were mentioned, along with varying random guesses as to the numbers involved both fiscal and populace ......this was some two years ago by the way.

And ?

You're questioning the numbers involved or the facts about minimum wage earners or the result of the referendum ?
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Old 30th Aug 2018, 16:34
  #15594 (permalink)  
 
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Originally Posted by KelvinD View Post
Given that these arrivals do not set their own wages, doesn't this sound a bit like "victim blaming"? I am sure they would happily pay taxes etc should their wages be at the appropriate levels.
I don't know how much income tax, council tax, N.I. etc people like Philip Green pay but I would imagine it be just as controversial as the issue of minimum wage "arrivals" and their contributions.
Wouldn't we all like to set our own wages ?

You know....At a level where we'd be required to pay 60% or 70% income tax....

No....Not ' victim blaming '...Not even close....
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Old 30th Aug 2018, 17:05
  #15595 (permalink)  
 
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Originally Posted by Groundbased View Post
The article says 20 jobs out of a total of 30 could be affected.
This is not just about the jobs.
Panasonic are moving their head office to Amsterdam, so they will be running their tax and regulatory affairs from there.
The remaining UK staff will just be the box pushers. Panasonic will arrange their corporate tax accordingly, paying it in Amsterdam where their registered office is operating..

And it's not just Panasonic
Japan is a major investor in the UK, where more than 800 Japanese companies employ more than 100,000 people. However, financial firms including Nomura, Sumitomo Mitsui and Daiwa have already said they will no longer maintain their EU headquarters in London.
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Old 30th Aug 2018, 17:10
  #15596 (permalink)  
 
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Originally Posted by Sallyann1234 View Post
This is not just about the jobs.
Panasonic are moving their head office to Amsterdam, so they will be running their tax and regulatory affairs from there.
The remaining UK staff will just be the box pushers. Panasonic will arrange their corporate tax accordingly, paying it in Amsterdam where their registered office is operating..

And it's not just Panasonic
London is massively "overheated", far too many people and too much wealth (much of it controlled by offshore "investors"), all concentrated in a small area, with many Londoners no longer able to afford to live there.
If the main fallout from Brexit is that London takes a bit of a hit then that's a perfectly sensible outcome in my opinion.
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Old 30th Aug 2018, 17:35
  #15597 (permalink)  
 
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Originally Posted by andrewn View Post
London is massively "overheated", far too many people and too much wealth (much of it controlled by offshore "investors"), all concentrated in a small area, with many Londoners no longer able to afford to live there.
If the main fallout from Brexit is that London takes a bit of a hit then that's a perfectly sensible outcome in my opinion.
You make a reasonable point there. London is an overpriced sh!thole. But unfortunately it's the taxes from the overheated London that prop up the poorer parts of the country. Take a slice of that away, and what happens next?
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Old 30th Aug 2018, 17:53
  #15598 (permalink)  
 
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Originally Posted by Sallyann1234 View Post
You make a reasonable point there. London is an overpriced sh!thole. But unfortunately it's the taxes from the overheated London that prop up the poorer parts of the country. Take a slice of that away, and what happens next?
And you too make a valid point in response One answer is that many GlobalCo's are a bit like parasites in they take up root in an environment that is most conducive to them delivering maximium return for themselves and their shareholders. In a post Brexit world, IF we start to see anything approaching a mass flight of wealth from the City (which I dont think we will) then you can bet your last pound that HMG will go all out to make that environment massively more favourable for business, through a combination of lax labour laws, low taxes and other financial bungs. Then the GlobalCo's will flood back.

A slightly different viewpoint is that unfair distribution of power and wealth is one of this country's biggest issues now, so I actually question whether any such hit on London would have a significant ripple effect, outside of the South East corner at any rate? Let's be honest if HMG can afford to throw 100B at HS2 then there's plenty in that kitty to soften any Brexit blow to the regions
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Old 30th Aug 2018, 18:01
  #15599 (permalink)  
 
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Originally Posted by andrewn View Post
And you too make a valid point in response One answer is that many GlobalCo's are a bit like parasites in they take up root in an environment that is most conducive to them delivering maximium return for themselves and their shareholders. In a post Brexit world, IF we start to see anything approaching a mass flight of wealth from the City (which I dont think we will) then you can bet your last pound that HMG will go all out to make that environment massively more favourable for business, through a combination of lax labour laws, low taxes and other financial bungs. Then the GlobalCo's will flood back.
So we revert to third-world labour conditions and low taxes. Who then pays for defence, the NHS, national infrastructure etc. (Actually, forget infrastructure. Most of it is already owned abroad.)

A slightly different viewpoint is that unfair distribution of power and wealth is one of this country's biggest issues now, so I actually question whether any such hit on London would have a significant ripple effect, outside of the South East corner at any rate? Let's be honest if HMG can afford to throw 100B at HS2 then there's plenty in that kitty to soften any Brexit blow to the regions
Too late now I suppose, but if London can be demoted in stature, perhaps fewer people will want to go there and there will be even less need for HS2.
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Old 30th Aug 2018, 18:45
  #15600 (permalink)  
 
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Originally Posted by ORAC View Post
The sort of racist and bigoted comment only those on the left think they can get away with..........
I am hardly on the left these days. Serious sense of humour failure?
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