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Tedc
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24-01-2019, 07:11 PM
81

Re: A true Leaver

Originally Posted by Banchory ->
You must have missed the bit where it was Slovakian state aid that persuaded JLR to build a new car plant there instead of in Mexico.

The EU undertook a regulatory check to ensure that the aid was within permitted guidelines but made no financial contribution.

http://europa.eu/rapid/press-release_IP-18-6023_en.htm

One of the functions of the EU checks is to ensure:
“The aid must not directly cause the relocation of existing or closed down activities from elsewhere in the EU to the aided establishment”

I understand this has been doing the rounds on social media and no doubt there’s 17.4 million others who believe the same Russian propaganda as you.
Ah! So you're saying that it was Slovakia bribing them to move to Slovakia and the EU endorsing the bribe.

Maybe the UK should find some desperate EU Company and give them 130 million to move over here.

Seeing that the link was from the EU, I hardly think the Russians would have posted that!
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Solasch
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24-01-2019, 07:17 PM
82

Re: A true Leaver

Originally Posted by Tedc ->
Ah! So you're saying that it was Slovakia bribing them to move to Slovakia and the EU endorsing the bribe.

Maybe the UK should find some desperate EU Company and give them 130 million to move over here.
Mighty stupid remark. Banchory just explained that the E U prevents that kind of actions.
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Tedc
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24-01-2019, 07:29 PM
83

Re: A true Leaver

Originally Posted by Solasch ->
Mighty stupid remark. Banchory just explained that the E U prevents that kind of actions.
So which part of:-

"One of the functions of the EU checks is to ensure:
The aid must not directly cause the relocation of existing or closed down activities from elsewhere in the EU to the aided establishment”


Don't you understand?
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Solasch
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24-01-2019, 07:36 PM
84

Re: A true Leaver

You the UK are a member of the EU and will be for some time to come. If the UK offers money to a company in another member state to relocate, then the EU prohibits that. Read your own quote again.
Banchory
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24-01-2019, 08:05 PM
85

Re: A true Leaver

Originally Posted by Tedc ->
So which part of:-

"One of the functions of the EU checks is to ensure:
The aid must not directly cause the relocation of existing or closed down activities from elsewhere in the EU to the aided establishment”


Don't you understand?
I understand perfectly. It seems that you do not.

JLR, an Indian owned company was looking to build a car plant in MEXICO. The Slovakian offered a state aid package funded by Slovakia to build the new plant in Slovakia instead of MEXICO.

There was no relocation of an existing or closed down plant so the Slovakian State Aid met the EU governance requirements

No EU money was used and no relocation from the UK occurred as it was a new plant required as part of JLR’s expansion programme that was never planned to be in the UK
Banchory
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24-01-2019, 08:30 PM
86

Re: A true Leaver

Originally Posted by Tedc ->
Ah! So you're saying that it was Slovakia bribing them to move to Slovakia and the EU endorsing the bribe.

Maybe the UK should find some desperate EU Company and give them 130 million to move over here.

Seeing that the link was from the EU, I hardly think the Russians would have posted that!
How do you think the UK persueded the Japanese car companies to locate their European factories in the UK

Slovakia offered an incentive to an Indian company to build their new car plant in Europe instead of Mexico and the EU ensured that state aid would not cause relocation of and or closure of any existing EU factory

The EU link supports my position, your claims however are the same as the fake news doing the rounds of social media and it appears that you believe it
Moscow
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28-01-2019, 06:41 PM
87

Re: A true Leaver

Originally Posted by swimfeeders ->
Hi

We are globalised, like it or not, we cannot put the clock back.

Big business will go wherever they can make more profits, that is why Dyson moved manufacturing from the UK.

Dyson moving HQ is a tax loss to the UK.

Other companies based here in the UK are moving to the EU, a simple fact of life, and their moves are as a direct result of Brexit.

Services, our biggest exports, are not covered by WTO Rules or Free Trade Deals and these companies are setting up in the EU, simply because that is a bigger market than the UK.

There will not be a lot of job losses, but there will be a lot of Tax Losses.

Juncker is laughing, the former Prime Minister of Luxembourg, 40 UK based companies have moved their offices to Luxembourg, others to Frankfurt and Dublin, so they can continue trading in the EU.

https://www.heraldscotland.com/news/...to-luxembourg/

Panasonic moved last year, Sony is moving and P&O are moving the ferries from UK Registration.

There always was a financial cost to Brexit, it is not all savings.
Always look on the bright side !!

Companies setting up offices in Eurpe will still pay tax on their UK earnings in the UK and EU based companies will need to set up offices here in order to trade if there is no deal.
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Solasch
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01-02-2019, 09:33 PM
88

Re: A true Leaver

Originally Posted by Moscow ->
Always look on the bright side !!

Companies setting up offices in Eurpe will still pay tax on their UK earnings in the UK and EU based companies will need to set up offices here in order to trade if there is no deal.
Or not.
https://www.bbc.com/news/business-47086737
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Bread
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03-02-2019, 10:25 AM
89

Re: A true Leaver

I heard JLR are going to invest massively into Solihull to make the electric versions of their cars. It's the old diesel type stuff that's going to Slovakia and China...

That's what I heard anyway.
Banchory
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03-02-2019, 11:01 AM
90

Re: A true Leaver

Originally Posted by Bread ->
I heard JLR are going to invest massively into Solihull to make the electric versions of their cars. It's the old diesel type stuff that's going to Slovakia and China...

That's what I heard anyway.
It would seem the decision rests on the outcome of Brexit

https://www.google.co.uk/amp/s/uk.mo.../idUKKCN1MC1A7
 
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