O/T bbc bias apology

[John2]

OK then they're moving their European production hub to Sunderland and closing their factory in Spain, the opposite of what people like you said, stop picking hairs.

https://www.telegraph.co.uk/business...anish-factory/

Great, so you do get your news from biased sources that misrepresent reality?

Me stop picking hairs? You called out the BBC for being biased - you got it wrong, you and your sources are biased.

Also, I repeat, they're not moving their production hub. Some biased newspapers are spinning it as such, but not on the basis of anything Nissan appears to have said. For Sunderland there is no change to the status quo.

And I never said any such thing, nice straw man.

[great_fire]

Great, so you do get your news from biased sources that misrepresent reality?

Me stop picking hairs? You called out the BBC for being biased - you got it wrong, you and your sources are biased.

Also, I repeat, they're not moving their production hub. Some biased newspapers are spinning it as such, but not on the basis of anything Nissan appears to have said. For Sunderland there is no change to the status quo.

And I never said any such thing, nice straw man.

Remainers sneered endlessly at the lumpen proletariat in Sunderland who "voted to destroy their own livelihoods."

[John2]

Remainers sneered endlessly at the lumpen proletariat in Sunderland who "voted to destroy their own livelihoods."

Well, the "great victory" here is that Nissan is operating at a loss in Europe and consequently has had to close some factories.

My position has always been that there will be winners and losers from Brexit, just that the majority will be losers.

[John2]

If you look at news sources outside your right wing echo chamber, here is an alternative perspective of exactly the same news story when it isn't been brainlessly cheerleaded as some sort of victory:

"Nissan’s Sunderland manufacruring is to stay open, but the carmaker is instead shutting a factory in Barcelona as the Japanese auto firm seeks to cut £2.3bn in costs worldwide.

The decision will mean the loss of 2,800 jobs in Spain but removed a short-term threat to most of the 6,700 jobs at Nissan Sunderland Britain’s biggest car plant.

However, the carmaker said it would seek to “improve efficiency” at the factory in the north-east of England as it revealed a plan to reduce annual spending by ¥300bn (£2.3bn) worldwide."

So long term future far from guaranteed, nor are all those jobs. "improving efficiency" by companies running at a loss tends not to involve hiring more staff.

[gm_gm]

Well, the "great victory" here is that Nissan is operating at a loss in Europe and consequently has had to close some factories.

My position has always been that there will be winners and losers from Brexit, just that the majority will be losers.

On what basis have you reached this conclusion John? If you would like to post your thoughts and I'll fact check them

[John2]

On what basis have you reached this conclusion John? If you would like to post your thoughts and I'll fact check them

Companies that benefit from a weak pound for exports will do well.

Many industries will suffer from new friction and potential tariffs in trading with the EU, particularly the financial services industry. Though the extent of this will depend on the nature or existence of a deal.

[gm_gm]

Companies that benefit from a weak pound for exports will do well.

Many industries will suffer from new friction and potential tariffs in trading with the EU, particularly the financial services industry. Though the extent of this will depend on the nature or existence of a deal.

Your last paragraph is agreeable, our financial services however, wont suffer we are ahead of the curve in many respects.

The current economic and political wrangling in the EU at the moment is making many companies think twice about their future there, its possibly at its most unstable in its history after Karlsrushe. If they can find a way to mutualise future debt its a dead duck.

UAE biggest investment fund has just put £7.5bn in guess where? UK listed companies, now BJ has announce he is backing tech watch the investment flood in.

We can also get rid of cross regs which do the same thing in triplicate

[John2]

Your last paragraph is agreeable, our financial services however, wont suffer we are ahead of the curve in many respects.

The current economic and political wrangling in the EU at the moment is making many companies think twice about their future there, its possibly at its most unstable in its history after Karlsrushe. If they can find a way to mutualise future debt its a dead duck.

UAE biggest investment fund has just put £7.5bn in guess where? UK listed companies, now BJ has announce he is backing tech watch the investment flood in.

We can also get rid of cross regs which do the same thing in triplicate

Just LOL.

Do we have an agreement for passporting of financial services beyond the end of the year? A simple yes or no will suffice.

I need to read more detail about this UAE fund to establish what you're trying to suggest it proves. Do you have a link? A quick look didn't reveal any obvious info.