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Effect of Brexit

Discussion in 'Watford' started by Davylad, Mar 26, 2016.

  1. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    #1541
  2. Bolton's Boots

    Bolton's Boots Well-Known Member

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    #1542
  3. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    Those who were led to believe that it would be so simple were given no idea of just how one part of membership is integrated with other parts. This of course doesn't take into account how matters can be resolved with Scotland and Northern Ireland. Meanwhile the pound carries on sinking and all of those imports will continue to be more expensive.
     
    #1543
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  4. yorkshirehornet

    yorkshirehornet Well-Known Member

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    My brother in law is MD of a small company that imports wine and cider making equipment and then services them...

    Company bought out last week and he is out of a job...................last day tomorrow
     
    #1544
  5. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    The Prime Minister has written to Britain's Crown dependencies to confirm they will be involved in Brexit talks.

    Very strange then that they did not get a vote.
     
    #1545
  6. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    Went off to do some watering at my daughters this morning and found that one of the neighbours was there at the moment. Seems that he will be around rather more than previously. He owns a company that replaces flooring in places like cinemas, hotels or offices. He had just received an e-mail from the last company he had an order with to say that they would be putting the work on hold until matters became clearer. A month ago he had 7 orders that would keep his workforce of 35 busy until next Spring, today he had none. Fortunately for him he has set up two companies doing similar work in France and one in Spain, but he will have no option but to close the UK company that has been trading for over twenty years. Two of his employees have been with him since he started the business, so he was not looking forward to telling them that they would be out of work when the current contracts came to an end in about six weeks time. All small scale matters I know, but a great shame for those who will be out of work.
     
    #1546
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  7. yorkshirehornet

    yorkshirehornet Well-Known Member

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    I think it is always the 'small business' that pays the price..

    Tw'ts like Forage and BoJo and their dealings are never affected
     
    #1547
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  8. Leo

    Leo Well-Known Member

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    And yet an awful lot of people with small businesses were those most in favour of Brexit - they did not trade in the EU so thought it was not good for them - they now understand the knock on effect of the economy as a whole - wonder how valued they feel their sovereignty is now - have they taken back control?
     
    #1548
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  9. Jsybarry

    Jsybarry Well-Known Member

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    It's a bit difficult to be given a vote as to whether to leave something you're not technically a part of.
     
    #1549
  10. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    Think you have something like associate membership, or am I wrong? Certainly you have access to the single market. But as you say you are not members, why should you be consulted? I think the position is clouded in doubt.
     
    #1550
  11. Jsybarry

    Jsybarry Well-Known Member

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    You are right with your last sentence as explained as follows: "Jersey is neither a Member State nor an Associate Member of the EU. It does have a relationship with the EU governed by article 335(5)(c) TFEU giving effect to Protocol 3 to the UK’s Treaty of Accession in 1972. Jersey doesn't appear on the list of European States and Territories outside the Union and the Communities prepared by the European Council and Commission. This is due to the manner of implementation of the Treaty arrangements under the Act of Accession in 1972. Jersey would've been fully within the European Communities like Gibraltar, being a European territory for whose external relations the UK was responsible, but that is limited to the Protocol 3 arrangements under article 355 TFEU to reflect the then existing relationship with the UK.

    Under Protocol 3, Jersey is part of the EU Customs Union of the European Community. The common customs tariff, levies and other agricultural import measures apply to trade between the island and non-Member States. There is free movement of goods and trade between the island and Member States. EU rules on freedom of movement for workers do not apply in Jersey. However, Article 4 of the Protocol requires the island's authorities to give the same treatment to all natural and legal persons of the Communities. In Pereira, the ECJ held that the scope of this article included any matter governed by the Treaties in a territory where the Treaties are fully applicable. The island is therefore within the scope of the Treaties to a limited extent, as a European Territory. To infer, as the French Ambassador and finance minister have attempted to argue, namely that the island is outside the European Union and Communities without qualification is therefore simplistic, in law false. The French blacklisting of the island had to be hastily revoked when this was pointed out. As a result, Jersey is not part of the single market in financial services. It is not required to implement EU Directives on such matters as movement of capital, company law or money laundering. However, the island's close proximity (135 km south) and its close association with the financial sector of the U.K. has come under increasing scrutiny in recent years, with several mainline publications (e.g., The Wall Street Journal) labelling the island a tax haven.

    British citizens who have only a connection to Jersey, and not with the UK or another member state of the EU, are not considered by the Jersey States to be EU citizens. They have 'Islander status' and their Jersey-issued British passports are endorsed with the words the holder is not entitled to benefit from EU provisions relating to employment or establishment. (To use a footballing example, at least one of the parents or grandparents of Ipswich's Brett Pitman must be from the UK because if they were all born in Jersey, he would need a work permit)

    It isn't yet clear whether the citizenship rights in articles 18 and 21 TFEU are partly available to them as British Citizens, given the limited restriction of their rights under article 2 of the Protocol. That restriction on the exercise of certain freedoms does not apply to all Community or Union rights. The freedom of movement under the prior EC régime was and remains a separate set of rights from the Citizen rights under article 20 and 21 TFEU which include the right to move and reside. Those rights are primary citizenship rights, not a mere freedom. It might not need a Treaty change to perfect this, merely a preliminary ruling from the CJEU, and supplementary implementation measures from the Council, given the effective right of entrance and residence granted to EU nationals via Article 4 of the Protocol. Jersey residents presently do not have a right to vote in elections for the European Parliament. Jersey and Guernsey jointly opened an office in Brussels in 2010 to promote their common interests with EU institutions."
     
    #1551
  12. yorkshirehornet

    yorkshirehornet Well-Known Member

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    I can see why they say it will take years to untangle this <yikes>

    No wonder most Brexiters seem to be on holiday at this time <doh>
     
    #1552
  13. andytoprankin

    andytoprankin Well-Known Member

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    In the UK, I trust.
     
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  14. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    No they are not, half of them are here. <yikes>

    7,000 miles of coastline, and UK Border Force is out there with three vessels. That should stop the illegal traffic in people!
     
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  15. andytoprankin

    andytoprankin Well-Known Member

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    <doh>
     
    #1555
  16. yorkshirehornet

    yorkshirehornet Well-Known Member

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    <doh>

    Cake and eat it methinks..........
     
    #1556
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  17. Bolton's Boots

    Bolton's Boots Well-Known Member

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    None of them patrol Scottish waters though, so that increases their effectiveness elsewhere. :(

    If it wasn't for Twitter, the MoD would never have known about Russian warships in the Moray Firth...
     
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  18. Hornet-Fez

    Hornet-Fez Well-Known Member

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    <doh>
     
    #1558
  19. oldfrenchhorn

    oldfrenchhorn Well-Known Member Forum Moderator

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    Today we have seen the Bank of England throw a lifebelt to the economy. As Carney said this is not to make matters better, but to stop them getting worse. Inflation is going to kick in raising prices, a quarter of a million people will still lose their jobs and growth forecasts for the economy have been slashed by the largest amount on record. It now comes down to what the government chooses to do, and we are not due to find that out until November or December. People have been paying their credit cards off as fast as they can according to Visa, a sure sign that despite credit being more available, while uncertainty exists people stop spending, just the opposite to what is required. If I were still running my business I would be putting everything, investment, employment and expansion plans on hold and preparing for matters to get worse. This is the sort of judgement you have to make when things are so uncertain, not because you want to, but simply to make sure your business is still there to provide a living for you and those who you employ.
     
    #1559
  20. NZHorn

    NZHorn Well-Known Member

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    Didn't the Brexiters say that there would be a few bumps on the road to economic prosperity and bounty? Presumably this is one of those bumps.
     
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