Japan warns UK: Companies would leave UK over Brexit

[venusfly 17,885]

4 hours ago, UK Monster said:

At the end of the day the British public overwhelmingly chose to leave what many of us believe is a corrupt system which we don't need. The UK is finally doing what its people want for a change rather than pandering to the rest of the world with no influence.

It wasnt overwhelming support, it was almost 50/50

[Luc 4,776]

16 minutes ago, Dominic Marc said:

This is all hypothesis. There's current talks about forming a trade agreement with the EU as it is in both of their best interest. Companies will not pull out and if they do it will be minimal. Australia has been extremely supportive of setting up a trade agreement and the UKs budding relationship with China shows great expectation. 

As for import tax being higher that is only if we become apart of the WTO causing a 10% increase which May doesn't seem likely to opt for despite it being the easiest and fastest solution but not necessarily the right one. 

I voted to remain however all is not lost if we choose to push Article 50. It may be the best thing that has happened to our country. You can wish ill fate and economic depreciation as much as you want but as of now your argument, like every other, is based solely on hypothesis. 

There's two options for access to the EU single market:

- EU member

- EFTA member

 

EU member is not possible (duh), EFTA is not likely to allow the UK in because it's a club of small countries (Iceland, Norway, Liechtenstein, Switzerland) who wouldn't want a big country to join them and make their countries powerless. The UK is also not likely to want to contribute to the EU budget and to have freedom of movement.

 

Leaving the single market would inevitably cause economic decline.

The best option without leaving the single market would be to negotiate a EU-UK trade agreement, which would take years. The UK does not have staff to negotiate trade agreements, because it has always been a responsibility of the EU. There's approximately 60 people the UK can get to work on trade agreements. The most experienced Britons working on trade agreements in Brussels are likely to stay in Brussels, as the wages are significantly higher there. In the UK high public wages have to be publicized, leading to lower public wages.

The trade deal would still take many years to make, and the EU, being in the more powerful position, would have the bigger power in the negotiations.

Then there's the option of joining the WTO without negotiating a trade agreement with the EU, which would be a disaster for the UK economy, even if it were only to be for a few years.

 

And lastly but most importantly: it's good politics for European leaders to be harsh on Britain. A significant part of the European electorate want the UK to be given tough terms by the EU. In France, Belgium, Germany, Spain and Italy, more people want the UK to be given tough terms than not. (http://www.politico.eu/article/uk-should-be-offered-tough-brexit-terms-by-eu-survey-brits-eu/)

Brexit also gives a chance for European leaders to fight Euroskepticism. Two weeks after Brexit, 'Nexit' support where I live (the Netherlands) declined 10% thanks to the fall of the pound alone. EU leaders see it as a long-term chance for a decline of the far-right and a decline of Euroskepticism. A UK economy growing just as fast as the EU economy would give help the far right in Europe, which especially Germany and France don't want (biggest powers).

The only good thing for the UK is that Scotland probably won't leave the UK, because Spain will block Scotland joining the EU.

[Dominic 11,922]

8 minutes ago, LG said:

It wasnt overwhelming support, it was almost 50/50

Actually it was even less. Roughly 35% of the UK population voted to leave. That leaves 65% of people who either voted remain or didn't vote at all. 

I voted to remain but the fact is that's not going to be the case. It's now about working out a positive outcome and I'm shocked to see people wanting Britain to fail just for the egotistical 'I told you so'. 

[Akiki 3,900]

8 minutes ago, Luc said:

The only good thing for the UK is that Scotland probably won't leave the UK, because Spain will block Scotland joining the EU.

I wouldn't be so sure about it.

While it's the most accepted assumption, the pos-brexit changed the EU.

Spain is not the United Kingdom, France or Germany. At best, Spain is one of the big pawns in this game (Spain and Italy).

1) Even if the Scottish pro-EU movement promotes the separatists from Spain, the impact on the EU would be minimal cause they would probably be a part of the EU with or without being part of Spain.

2) Brexit made UK look like a traitor and tightened the bonds that unite the EU. Spain, Italy and even my country (Portugal), a long lasting ally from UK, are still upset by the Brexit. From the outside they may act with respect, but Brexit could have endangered Spain, Portugal and Italy and their economic recovery. For us, they were selfish and betrayed our common fight.

3) Brexit made evident what most thought for years. UK never was interested in EU affairs. They were there when it was worth to be and when it wasn't they weren't. 

4) Scotland leaving the UK behind proves that the common goal of being in the UE is stronger than our individual goals. If they leave this will promote the UE. Breaking Spain won't likely happen has a consequence cause... they also wish to be in the UE and since the ultimate goal is WE as Europeans citizens it wouldn't make sense to conclude that it will promote nationalism. Scotland is trying to oppose nationalism by joining the UE. 

 

[Saint Laurent 4,862]

Not going to happen, next.

[PG lol 277]

Japan is foreign so yes kick them immigrants out of our country!!11!! 

Spoiler

Spoiler

That's the mentality that voted brexit, so let it be the mentality that conducts brexit 

 

 

[hmm 979]

20 hours ago, UK Monster said:

well most of the cities in the country are in the west midlands, so it was just London and Scotland that wanted to remain and the rest wanted to leave.

Not true, Northern Ireland voted to remain too, as well as Newcastle and Liverpool  

[SamJ 8,008]

19 hours ago, Dominic Marc said:

Actually it was even less. Roughly 35% of the UK population voted to leave. That leaves 65% of people who either voted remain or didn't vote at all. 

I voted to remain but the fact is that's not going to be the case. It's now about working out a positive outcome and I'm shocked to see people wanting Britain to fail just for the egotistical 'I told you so'. 

I know right. I was undecided, so many jealous and bitter people though of our country.