Project Fear- they said ...

twitter.com/rorystewartuk/status/1056568783400243201?lang=en

The FT article was referring to the fall in the value of sterling in the month immediately after the referendum.

varian then the FT is right as am I! Very worrying isn't it?

Indeed ... we could never ever have planned for this

Exactly Jura and we need to be honest about it, get whatever deal the EU will agree to (probably what TM got) and then ask the electorate if they want that or stay with what we have. If that happens I hope that the remain campaigners will finally tell what we have in the EU and will lose if we leave. Don't think that message has really been stressed so far.

I have been following the Fiat/Renault merger which has collapsed, possibly temporarily who knows.

Aljajeera did a good report from Italy where Fiat was being discussed and if the report was correct Fiat have laid off half their employees, moved production etc.

As for Ford/Bridgend this is the company statement:-

Stuart Rowley, president of Ford Europe, told reporters:

"This action has nothing to do with Brexit and the simple way to think of that is, if Brexit had never happened, would there be a different decision, and the answer to that is no."

He explained: "Creating a strong and sustainable Ford business in Europe requires us to make some difficult decisions, including the need to scale our global engine manufacturing footprint to best serve our future vehicle portfolio."
-----

Japan signed a Trade with the EU and is taking a lot of their manufacturing back to Japan, why wouldn't they.

If you look at ALL of the large car manufacturers they are suffering from a global slow down and they have been producing too many cars for the market world wide.

The car industry is moving at a pace to try and cope with green energy, variances from country to country that are varying in what type of fuel they want vehicles to have, electric, hydropower, oil, gas, diesal. They won't be continuing to make vehicles they know they will not in a few years time will be defunct.

I am not stupid and saying the UK leaving the EU will not have some repercussions but I prefer to base information on fact and looking at the global market to which the car industry is a major player. If you look at ALL of the large car manufacturers throughout the world they are suffering from a global slow down and they have been producing too many cars for the market world wide.

It is an industry going through major restruction and sadly the UK is not alone.

Interesting FACT

None of the car manufacturers are intending to produce the future generation of electric cars in the UK. All have chosen an EU country.

Oh come on Wwm2 - it has nothing, but nothing at all to do with Brexit ...

(they will say ...)

WWM2 - I was about to post the same comment re the manufacture of electric cars but you beat me to it. I feel sorry for the workers in Bridgend and all the other towns who have lost their jobs. Given the current state of affairs it will be impossible for them all to find new employment. I also hope that they may gain a better understanding of what Brexit will mean.

Project fear was a patronising term conjured up by crooks like Farage to be used when he had no reasonable argument. As it turns out “project fear” was actually “project stating the bleeding obvious” Collapse in the £, job losses, decline in GDP, money pouring down the pan on various ridiculous “preparations” - ( they’re recruiting another lot of temporary civil servants- maybe the car workers could be employed on no deal planning? ) They should have put on the bus” Vote Leave and risk your job” , which would have been more accurate than the other bus lies. Those who deny Brexit uncertainty has anything to do with manufacturers leaving the U.K. in droves are deluding themselves. There’s yet to be anyone of these rabid leavers telling us about all the wonderful benefits we’ll now be getting, just that “it won’t be that bad in the long run”.

The manufacturers will relocate to where they make money. They want/need to make the most profit to survive, so they've gone. Wake up folks! When they leave summats up.

I feel heartily sorry for those losing their livelihoods, but sadly they are seen by some as the flotsam and jetsam in the tsunami of Brexit. Don't worry folks, it will be hard at first, but it'll be alright in the end and we'll have the WTO.

Heaven knows what will result if Raab is elected. It's like waiting for Cromwell to ride in on his charger.

If the USA start to interfere in the NHS then we are in trouble. For example one vial of insulin in the USA costs about £210, in the UK 8 vials costs about £80. It's all about profit in the US and if they provide services in the UK that will be about profit too. As you can see I don't want any U.S. company interfering in the NHS.

lois

No one with a modicum of intelligence wants the USA anywhere near our nhs

I think many haven't really grasped the danger that trade deals with US poses to our NHS. For example prescription drugs in US are indeed amongst the most expensive in the world, and there is a blueprint paper there entitled "American Patients First". The danger is that NHS is a "single-payer" healthcare system and is able to negotiate lower price drugs, unlike the American system. You can bet that Trump has his eye on this and if our drug bill increases substantially it will affect the affordability and accessiblity of the NHS.

What worries me is that some of the people running the country don't have a modicum of common sense.I often think that some of them are very naive , or lack emotional intelligence. Some have no idea about the worries of concerns of ordinary people such as my family. I even know some people who think that privatisation of the health service would improve it but can't grasp that would mean profit would override other considerations.

POGS about the Japan/EU trade agreement. In a few years the tariff on Japanese cars will have gone completely. How can we expect to get a similar deal with Japan when we have nothing to bargain with?

For 3 years I was hoping that TM had some master plan up her sleeve which we didn't know about. How wrong could I be? What motivates these prospective PMs? Do they really assume the electorate is stupid? Are they right?

It seems so obvious to me, (and I've said it often enough!) the bargaining power of one small country has to be much less than that of a bigger group. Will the EU renegotiate? Why should they? Who wants a no deal? I must be missing something huge because I simply cannot understand why anyone wants this

" leaders like Macmillan, George HW Bush or Clement Attlee had their formative experiences in fighting WWII, while Lyndon B Johnson, Bill Clinton, and John Major had a visceral experience of poverty. They knew in their bones that government mattered." But current leaders have no experience of hard times, either financially or in a national emergency like war.

Article in the ^New Statesman^ about the article in the ^Financial Times^ , which is behind a subscription.

The Telegraph has a “piece” on the likelihood of USA imposing tariffs on German cars and the effect that this would/could have on Germany.

Since becoming President Trump has repeatedly stated that he will do something about reducing the prices of pharmaceuticals in the US. Apparently, shortly before his UK trip, he had a meeting with the large pharma companies and agreed to leave them alone.

Is it just me or does anyone else spot a tad of bias in this report from the "Telegraph", a newspaper owned by the tax dodging Barclay brothers, who have enthusiastically promoted brexit (a great idea if you are a tax-dodging billionaire).

"A leading business lobbyist accused of being one of the architects of "Project Fear" during the EU referendum has been awarded a Damehood in the Queen's Birthday Honours list.

Dame Carolyn Fairbairn, the chief executive of the CBI, has been given the honour in recognition of her services to business.

She is described by the Government as an "outstanding advocate of British businesses".

During the referendum campaign, she was one of the most high-profile figures on the Remain side of the debate, warning that Brexit could cost up to a 1 million jobs and cause long term damage to the economy."

www.telegraph.co.uk/politics/2019/06/07/cbi-chief-spread-brexit-project-fear-given-damehood-queens-birthday/

Nonnie I'm with you in wondering what I am missing that has so many people vocalising support for No Deal etc.

The BBC's Question Time, in particular, fills me with horror. The audience bullish bias towards an uncertain future and "it'll be all right eventually" is a mystery.

As one commentator pointed out recently, we are going to have to spend a lot of time and money trying to get as good a trade deal (with anyone, but particularly the EU) as we have at the moment.

One good thing is that Scottish Labour have finally come out to back a decisive public vote once we know what is actually on offer.

www.bbc.co.uk/news/uk-scotland-scotland-politics-48558355

Admittedly, this is probably because polls have shown failure to back a second EU referendum would lead to the complete disappearance of Scottish Labour MPs at the UK Parliament.

It's the first time I've known of Richard Leonard going against the fence-sitting tactics of Labour nationally, but it's a start. Kinda late in the day, though.

Caledonai14 I think we will have to give up on trying to understand because every time I ask on here or on Twitter the best I get back is soundbites. When I ask for elaboration there is no response.

I do hope POGS will come back to answer my response to her post but it doesn't usually happen from leavers.

It’s as if leavers have all been subject to the same denial psychosis. It simply stops at that.

They seem clueless otherwise.

No, Nonnie and WWMk2 you have got it all wrong. Andrea Leadsom was assuring the interviewer on Radio 4 this morning that people who voted leave DID know that there could be job losses. Obviously, like me, you didn't take your reading glasses to the voting booth. Right then, all you Leave supporters, did you vote for job losses? Andrea said you did.

Latest economic news - "The UK economy shrank 0.4 per cent in April as the country was gripped by Brexit paralysis following a proposed departure from the EU.
The latest fall was four times larger than economists had predicted and marked the second consecutive month of contraction for the UK’s economy after a 0.1 per cent drop in March.
Stockpiling of goods to deal with a disorderly Brexit on 29 March ground to a halt after deadline day was moved back to 31 October.
Figures had been boosted by stockpiling for manufacturers in particular during earlier months.
Industrial production declined by 2.7 per cent over the month and manufacturing slumped by 3.9 per cent." So what was that about project fear?