Brexit

[Happydays]

Liar, liar knickers on fire ... ....

Give it a rest and grow up or there will be a cull of the offending posts any time soon.

Great idea

[Jack Staff]

Today the EMA closes it's London office.
Good riddance eh?
https://www.ema.europa.eu/en/about-us/u ... -amsterdam

[Mervyn and Trish]

Perfectly reasonable. No problem with that. The EMA employs 900. Only 50 of them are British.

[towny44]

Perfectly reasonable. No problem with that. The EMA employs 900. Only 50 of them are British.

The decision was made back in November 2017, so rather old news. I just hope they don't speak double dutch and confuse everyone else.

[Mervyn and Trish]

BTW did anyone notice that Norway has just announced it will continue to invest more in the UK.

You missed that one Jack.

[Jack Staff]

BTW did anyone notice that Norway has just announced it will continue to invest more in the UK.

You missed that one Jack.

Yes, I did. Would you be good enough to provide a link?
I am interested in how the EEA might react to us.

[Jack Staff]

Perfectly reasonable. No problem with that. The EMA employs 900. Only 50 of them are British.

Not worried about 50 British or 900. Insignificant compared to what's coming.
It's what the EMA did that is such a loss here.

[barney]

Perfectly reasonable. No problem with that. The EMA employs 900. Only 50 of them are British.

Not worried about 50 British or 900. Insignificant compared to what's coming.
It's what the EMA did that is such a loss here.

It should be mentioned that only 30% of the staff employed by the EMA in London have agreed to move to Amsterdam. The vast majority have decided to stay in London and the EMA has a serious recruitment issue and will be unable to fulfil their role for the foreseeable future. Add to that the fact that they are unable to get out of their lease in Canary Wharf, its not really gone that well has it. The UK MA will probably do very well out of it.

[barney]

BTW did anyone notice that Norway has just announced it will continue to invest more in the UK.

You missed that one Jack.

Yes, I did. Would you be good enough to provide a link?
I am interested in how the EEA might react to us.

I can't find the link to the Norway story but it was reported in the Guardian. They have an oil slush fund of about 750 billion apparently. They want to invest billions more in the UK irrespective of any deal with the EU. Sounds a bit unusual to me but it was certainly a story.

[Jack Staff]

Perfectly reasonable. No problem with that. The EMA employs 900. Only 50 of them are British.

Not worried about 50 British or 900. Insignificant compared to what's coming.
It's what the EMA did that is such a loss here.

It should be mentioned that only 30% of the staff employed by the EMA in London have agreed to move to Amsterdam. The vast majority have decided to stay in London and the EMA has a serious recruitment issue and will be unable to fulfil their role for the foreseeable future. Add to that the fact that they are unable to get out of their lease in Canary Wharf, its not really gone that well has it. The UK MA will probably do very well out of it.

It certainly is an ill wind. Especially as it is ultimately us that will suffer from the lack of medical approvals.
Whoppee if the British alternative does well, but if I was selling drugs (proper ones mind) I would aim for the US and the EU, only later getting around to minor jurisdictions of 60 million people later on.

[barney]

Yeah. Like 60 million is really insignificant.

[towny44]

Not worried about 50 British or 900. Insignificant compared to what's coming.
It's what the EMA did that is such a loss here.

It should be mentioned that only 30% of the staff employed by the EMA in London have agreed to move to Amsterdam. The vast majority have decided to stay in London and the EMA has a serious recruitment issue and will be unable to fulfil their role for the foreseeable future. Add to that the fact that they are unable to get out of their lease in Canary Wharf, its not really gone that well has it. The UK MA will probably do very well out of it.

It certainly is an ill wind. Especially as it is ultimately us that will suffer from the lack of medical approvals.
Whoppee if the British alternative does well, but if I was selling drugs (proper ones mind) I would aim for the US and the EU, only later getting around to minor jurisdictions of 60 million people later on.

Jack, are you seriously suggesting that major pharma is not going to sell us drugs from which they make a profit, just because we aren't in the EU. We already have 2 of the top 5 drug companies in Europe based in the UK, and Cambridge is a major development centre for new drugs and therefore vitally important in the registration process of all new drugs.

[Jack Staff]

Yeah. Like 60 million is really insignificant.

Compared to the US or EU, yes. Getting towards ten times (ish) bigger, each of them.
Or is Brexit Britain going to be playing that league do you think?

[towny44]

Yeah. Like 60 million is really insignificant.

Compared to the US or EU, yes. Getting towards ten times (ish) bigger, each of them.
Or is Brexit Britain going to be playing that league do you think?

You know the old saying Jack, size does not matter,

[Mervyn and Trish]

BTW did anyone notice that Norway has just announced it will continue to invest more in the UK.

You missed that one Jack.

Yes, I did. Would you be good enough to provide a link?
I am interested in how the EEA might react to us.

I can't find the link to the Norway story but it was reported in the Guardian. They have an oil slush fund of about 750 billion apparently. They want to invest billions more in the UK irrespective of any deal with the EU. Sounds a bit unusual to me but it was certainly a story.

It was also in the Mail on line and the BBC website, to name but two.

[oldbluefox]

Is this the link?

https://www.bbc.co.uk/news/business-47399500

[Mervyn and Trish]

Is this the link?

https://www.bbc.co.uk/news/business-47399500

That's one of them. Well spotted.

[Jack Staff]

Is this the link?

https://www.bbc.co.uk/news/business-47399500

That's one of them. Well spotted.

Not quite such 'good news' as I had hoped.
Norway indeed does have a £753 billion fund.
This is for worldwide investment.
We currently rate third in the list behind the USA and Japan.
It currently has just 8.5% invested in Britain and they only "foresee that over time that our investments in the UK will increase.”
But it's certainly makes a change in not actually being bad news.

[towny44]

Is this the link?

https://www.bbc.co.uk/news/business-47399500

That's one of them. Well spotted.

Not quite such 'good news' as I had hoped.
Norway indeed does have a £753 billion fund.
This is for worldwide investment.
We currently rate third in the list behind the USA and Japan.
It currently has just 8.5% invested in Britain and they only "foresee that over time that our investments in the UK will increase.”
But it's certainly makes a change in not actually being bad news.

We may only be 3rd, but from your stats that's still ahead of any other "current" EU country.

[Mervyn and Trish]

And they foresee their investments will increase.

What part of that isn't good news? Other than it doesn't support your view Jack.

Seems more significant than losing 50 iobs.

[Gill W]

I see Norway are taking a long term view, rather like Jacob Rees Mogg saying that we won't see the benefits of Brexit for 50 years.

That's not much consolation for people losing their jobs now.

[barney]

Money comes, money goes. Always has and always will. Remember the golden rule. Whoever has the gold makes the rules.

[Manoverboard]

Pity Gordon Brown didn't know that … just saying

[barney]

We've had a couple of very hectic days launching the new shop.

Who said that there is no money around.

The opening day on Friday 1st massively exceeded our expectations. Saturday was a bit quieter but still pretty good.

Mrs B seems to have found the formula on what a certain type of lady likes, fashion wise, so credit to her.

We've been in business for years and no matter what, there is a common thread that runs through every business.
That is, it's a lot easier to find suppliers than customers.
For that reason alone, the EU will (eventually) agree a mutually beneficial trade agreement with the UK.
Outside of the EU, the UK will be it's largest customer.

I was actually stopped in the street yesterday afternoon by some sort of Anti Brexit lobby on the streets of Bideford.
They were lobbying for support for another referendum.

I obviously declined to sign their petition but did ask which way they would vote should the UK apply to rejoin in the future.
I was met with total silence.
Then, after a few moments of thinking, a lady said 'but if we apply to join, we will have to be in the Eurozone & Schengen and probably lose our rebate'

"Exactly" I said.
So, would you vote for it?

"No" she replied, " I wouldn't"

So, why the fuss about leaving something that you wouldn't join ?

[oldbluefox]

Now that's just plain sneaky barney!!!