The UK is Out - New PM - and whither now for Article 50
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In the spring, it told its workforce that increased costs and uncertainty caused by the UK leaving the EU could make the UK a less attractive country to do business in.
The giant conglomerate also warned that its plans to export wind turbine blades from a new facility in Hull were being put ON HOLD.
The £310m manufacturing hub in the city will employ about 1,000 people.
The company has insisted this investment will continue and will be used to meet local demand, but Mr Kaeser said new trade barriers could make it uneconomical to export the blades to Denmark and Germany.
I am still glad we out ;biggrin
Let's face it,, we would probley had euro forced on us if the remain won ;weep
In 1992, the UK and EU signed a treaty under which we can opt out for as long as we want to.
#factattack
https://www.theguardian.com/commentisfree/2016/jul/12/theresa-may-has-vowed-to-unite-britain-my-guess-is-against-the-poor
I'll giver you a good example: I recently had a South Korean made car for three years, it was a modest 1.6 CDR xi, one off the top level in its range, all the extras in with the price as standard. The Equivalent Audi A3, VW golf, BMW 116 and Mercedes cost between 4 - 7K more with extras at additional costs. The service intervals were longer (20K), mileage was better, Top speed was slightly less, but who actually drives at 135+ on British roads apart from idiots. It was a pleasure to drive it, very comfortable and easy to drive and handle, never had a problem with it.
Thanks to a change in company policy (mine being a French owned Company, decided to support it's own countries industry) resulted in me being given a French made Company car, which by the way cost almost 3K more then the South Korean car I previously had (I actually asked for the same model as new as the replacement), and I have had nothing but problems with it.
A higher price and Market name does not mean you are getting value for money or a better deal.
Siemens in the UK has issued a statement in which it has tried to allay fears about its intentions now that the UK has voted to leave the European Union (EU). Siemens’ new facility at Hull in the UK – which will build blades for offshore wind turbines for the UK domestic market – is approaching completion, but further investment decisions, particularly those that could have seen the UK exporting components to other markets for offshore wind, seem likely to have to wait until Brexit arrangements between the UK and the EU are finalised.
In the immediate aftermath of the vote last week in the referendum on UK membership of the EU – which saw a small majority of voters express the desire to leave – Siemens’ UK chief executive Juergen Maier suggested that although the company would press ahead with the blade factory for offshore wind turbines that it is building at Hull in the UK, further plans might be put in doubt or be put on hold.
This morning Siemens issued a further statement in which it said: “We are 100 per cent committed to our investment in Hull and the 1,000 new jobs. We have already hired 300 there. So far, Hull is primarily focused on the domestic market. However, if we and – very importantly – the much wider offshore industry located in the Humber, want to export in the longer term, we need to understand arrangements, such as for export and EU-funded R&D, between the UK and the EU.”
Speaking at the Global Offshore Wind conference and exhibition in Manchester last week, representatives of Siemens said that, overall, the facility in Hull will be larger than an existing facility at Esbjerg in Denmark the company uses for other projects, and would be a more efficient facility than the Danish plant, with important synergies between assembly and manufacture and logistics. Siemens officials said “thousands” of jobs had been created at the facility and in the supply chain, and highlighted the growing UK content of turbines produced there and the significant effect that investment has had in the region as a whole.
Addressing delegates at the conference, Ray Thompson, head of business development at Siemens wind power UK, said September 2016 would see the first blade produced at the new facility. Once fully operational, it will be capable of manufacturing 450 blades a year. An offshore service centre at the same facility is due to be completed in September and work on new quayside facilities is progressing well. At the pre-Brexit conference, Mr Thompson also told delegates that the new facility would, hopefully, export blades in due course.
So as they already stated, investment on hold pending the outcome of the trade agreements, current investment an jobs safe with more to come (currently 300 which will go up to 1,000, not including the supply chain jobs created) -they want to expand and export, all they are doing is waiting to see what the trade arrangement will be.
I don't think they'll hang around that long for Hull. If there are markets and opportunities to exploit, Siemens will surely get on with investing elsewhere, rather than sit on their hands until they are in a position to make a decision about whether or not to invest further in the Hull facility. (Since, even after the decisions is made, there will be a long lead time until production kicks in, surely)
And she will not be bullied at the negotiating table and rightly so
What's 'bullying' or 'tough' got to do with anything?
Negotiations hinge on what either party cannot afford not to have.
You can come over as hardline as you like, but if you really need something, eventually you have to give up what it takes to get it.
I'm so looking forward to seeing what she can do now she is in charge of everything.
Seeing as the Tories have a small majority with four years left in government if she did manage to get enough votes for an early general election and then lost she'd probably be the shortest serving PM since George Canning, Tory, 1827, 119 days, died after catching the flu attending the funeral of Frederick, Duke of York (yes, the Grand Old one with 10000 men and all the marching).
Since 1945 we've had 14 Prime Ministers including Ms May, half of them got the job because the previous PM quit, indeed four of the last eight have done so. Only once did the new PM call a general election immediately afterwards, that was Antony Eden who only had a year left after Churchill retired, the economy was booming after austerity and Labour was suffering the same left-right split it is now.
http://www.ibtimes.co.uk/uk-will-be-forced-join-euro-leave-eu-if-brussels-power-not-reformed-says-report-1453735
This country along with the Eu have a lot in offer do we need a stern negotiations to take place and I have confidence in her.
As for a snap election why!!
Labour or lib dems as our alternatives
Lololololololololol
We may have signed a document to opt out as long as we want, but remaining in The EU may have meant joining the Euro was inevitable. A single currency in principle seems to make sense, but when you look deeper the economic and political consequences are unavoidable. More control from Brussels, simple as. I think The Euro would have been forced on us by default.
Oh, I don't know, what about giving the people the right to choose, which seemed to matter immensely not so long ago?
Credit; Frankie Boyle
Lol
Just saying what I think should happen, not that I expect it to.
I voted to leave but the last thing that I would want to see is UKIP come to power. Even though I have not been a massive fan of May I actually think that she will have more of a chance of uniting the government than Leadsom would have and that is better for stability for the economy. We have already seen the £ start to recover since the announcement that May will get in.
I do hope that May sticks to her pledge that Brexit means Brexit and that we can get on with forging new trade agreements and negotiating our exit from the EU.
It depends whether or not May intends to bring in her own policies.
If she only acts on previously stated Conservative electoral policies, it won't make any great difference, but if she introduces new policies, then that would, for me, make a difference, since no one actually voted for those policies to be enacted.
Whilst we may not actually vote who is to be PM in an election, I think it would be naive to imagine that who the leader of the party was (and therefore PM in potentia) had no effect on how people vote.
Elections, at least in terms of media coverage, have become steadily more 'presidential' over the years, imo.
One of the things that always annoys me is when ministers claim they have a 'mandate from the people' to implement one policy or another - this is clearly wrong as those who do vote based on policies base their choice on the range of policies not each individual one.