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Plan for a very hard Brexit, German firms told

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    Plan for a very hard Brexit, German firms told

    Something they're not telling no. 10? Or something to come

    The UK only need to write a cheque, confirm border controls in Ireland and the rights of citizens to progress with trade talks. Astonishing the pompous government believe trade comes before people. Anyone who thinks Tories are working in the interests of those who voted for them are in for a


    German companies with a presence in the UK should be planning for a "very hard Brexit", Germany's biggest industry body has warned.

    German industry looked "with concern" at the progress of the Brexit talks, said the boss of the Federation of German Industries (BDI), Joachim Lang.

    Britain "is lacking a clear concept despite talking a lot," he added.

    Leave campaigners said that if Britain walked away without a deal it would be because of EU negotiating delays.

    But Britain would thrive nonetheless, said Richard Tice, co-chair of Leave Means Leave.

    A hard Brexit implies the UK failing to reach a trade deal with the EU, something some UK business lobby groups argue will be highly damaging for the economy.

    The BDI said it had set up a task force to prepare contingency plans for the UK's departure from the EU, scheduled to take place in March 2019.

    According to the Reuters news agency, the task force involves major firms including Airbus, Siemens and Deutsche Bank.

    Mr Lang said the Conservative Party in the UK was deeply divided over Brexit, as shown by this week's conference of the party, held in Manchester.

    "German companies with a presence in Britain and Northern Ireland must now make provisions for the serious case of a very hard exit," he added.

    "Anything else would be naive."

    But Mr Tice said: "The Federation of German Industries is right that there is a chance that Britain will walk away from negotiations and move to World Trade Organisation rules.

    "They are wrong, however, that this is because of Britain 'lacking a clear concept'. There is only one side delaying talks and that is the EU. They have acted to purposely obstruct the process."

    He said the BDI should be pressing German chancellor Angela Merkel to get the EU "to stop blocking trade talks... It is the EU27 who will suffer most in the event of no deal - Britain will thrive under WTO rules."




    The UK is Germany's third-biggest export destination and its fifth most important trading partner.

    It is also the German car industry's biggest export market.

    German carmakers and suppliers employ about 9,000 people in the UK at 95 different sites.
    source: Plan for a very hard Brexit, German firms told - BBC News
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    #2
    I see GBP is loving this news
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    Comment


      #3
      Originally posted by scooterscot View Post
      I see GBP is loving this news
      GBP is concerned about the instability of the government, which may be about to be furthered if there is another change of leadership.

      As for we only need to write a cheque, we've already promised to pay what we owe. That isn't enough for the EU, because it is all about the money. Everything else is a sideshow. They're only bothered because they're losing a net contributor.
      Taking a break from contracting

      Comment


        #4
        They are bothered not to lose others, especially in light of tulip in Catalonia, so example must be made that leaving EU leads to economical disaster, which will be amplified by idiots from Tory party and then Labour will come to finish the job

        Comment


          #5
          Originally posted by scooterscot View Post
          Something they're not telling no. 10? Or something to come

          The UK only need to write a cheque, confirm border controls in Ireland and the rights of citizens to progress with trade talks. Astonishing the pompous government believe trade comes before people. Anyone who thinks Tories are working in the interests of those who voted for them are in for a




          source: Plan for a very hard Brexit, German firms told - BBC News
          German business leaders have every right to be worried that EU negotiators are putting politics before economics. It'd be a shame if one of Germany's biggest export markets was thrown under a bus for the sake of saving Juncker's face. Still, it's not as he'd give a sh!t.
          His heart is in the right place - shame we can't say the same about his brain...

          Comment


            #6
            Originally posted by Mordac View Post
            It'd be a shame if one of Germany's biggest export markets was thrown under a bus for the sake of saving Juncker's face.
            Shame? It would be a focking disaster for UK.

            Comment


              #7
              Brexit doesn't hurt EU. It hurts us and only us

              Originally posted by Mordac View Post
              It'd be a shame if one of Germany's biggest export markets was thrown under a bus
              Where are you getting this bollox from? Are you still not listening?

              All the barmy Brexiteers talk about 'free trade'. Right now Germany exports to us tariff free. After free trade Hard Brexit they'll export to us... tariff free.
              "Don't part with your illusions; when they are gone you may still exist, but you have ceased to live" Mark Twain

              Comment


                #8
                Originally posted by Cirrus View Post
                Where are you getting this bollox from? Are you still not listening?

                All the barmy Brexiteers talk about 'free trade'. Right now Germany exports to us tariff free. After free trade Hard Brexit they'll export to us... tariff free.
                No look at what is happening and put your prejudices to one side.

                The eu are more interested in trying to make an example of the UK then anything else.

                Including the welfare of eu citizens and businesses.

                When will you realise that we have called the eu's bluff?

                Comment


                  #9
                  Hopefully they will take all their BMWs and Audis back.

                  Comment


                    #10
                    Originally posted by Mordac View Post
                    German business leaders have every right to be worried that EU negotiators are putting politics before economics. It'd be a shame if one of Germany's biggest export markets was thrown under a bus for the sake of saving Juncker's face. Still, it's not as he'd give a sh!t.
                    German business leaders have been well aware for months that this would happen so why is it suddenly news to you?

                    Oh and they don't care if we are thrown under a bus as unlike badly run British businesses like Monarch and BHS, they know not to rely on one customer.
                    "You’re just a bad memory who doesn’t know when to go away" JR

                    Comment

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