Mr Dyson - Page 8

Darcydog · 23rd January 2019, 08:08

Oh dear - doom and gloom again based on sound bites not reality.

U.K. manufacturing accounts for 44% of our exports

Represents 70% of business R&D

Employs 2.6 million people

Contributes 11% of Gross Value Added (output less consumption) and provides 13% of business investment.

This data from the Hennik Research Annual Manufacturing Report 2018.

Gate Keeper · 23rd January 2019, 08:12

Let’s have some positive news. Not that difficult to find: British farmers to export British beef to China. Worth £50 million to the the British economy, making Britain great! I expect I could dig up more examples

https://www.google.co.uk/amp/s/www.t...-20-years/amp/

Darcydog · 23rd January 2019, 08:21

A quote from the introduction of this report.

“Contrary to widespread perceptions U.K. manufacturing is thriving with the U.K. currently the worlds eighth largest industrial nation. If current growth trends continue the U.K. will break into the top five by 2021.”

Nick Greg · 23rd January 2019, 09:45

Just means he'll be leaving a bit of a vacuum in the UK.....

Dallas · 23rd January 2019, 11:11

I read that the car industry dismissed an idea Dyson had some years ago of applying his cyclonic technology that revolutionised vacuum cleaners to handle diesel emissions in car exhaust systems.

Stevie25 · 23rd January 2019, 11:24

Dyson, Feb 2017: “Dyson’s exporting strength and commitment to creating jobs in Britain is a real success story that demonstrates the opportunity that our plan to create a truly global Britain can present.”

Dyson, Jan 2019: Moves HQ to Singapore...

Just as we are about to leave the EU, it just so happens that the EU and Singapore have signed a new Trade Agreement, that would be handy for Sir James and selling his products into the EU, perhaps someone should tell him......oh wait

clf · 23rd January 2019, 11:34

Quote:

Originally Posted by mbev51

The UK hasn't fully really exploited the single market export opportunities, we have become a nation of consumers, so how can we suddenly jump into life as an exporting nation with countries afar? Instead of being asked highly complex questions, the voter should be asked, 'do you want to get poorer quickly?'

I drive passed the Nissan factory near Sunderland every week in my 75 on my visit to my parents. I'm late 60s now, I was a young teacher in the NE when Nissan set up shop, I was at first dubious about a foreign company replacing demised uk companies. Thatcher assured us it was a good economic development and over the years I forgot about my reservations. Some of my ex pupils got good jobs there, seemingly for life. It's been an outstanding success and helped the local area tremendously. If nissan reduces it's presence there over the next few years, or god forbid moves it's entire operations into mainland Europe, the area will quickly decay. What new employment opportunities will replace these good jobs?

We all need to take a reality check and decide what it is we are trying to achieve and is it worth it.

Nissan in particular will be keen to keep their UK plant if Britain does leave the eu. It gives Renault (one of the top selling manufacturers in the uk) an 'in' to avoid tariffs. Just as Peugeot have their 'in' by taking over Vauxhall. All the foreign companies will keep their bases in the UK operational for the foreseeable, at least until the trade situation settles.

sent from here

Darcydog · 23rd January 2019, 12:05

Also known as the Rotterdam/Antwerp effect as both ports skew the current figures.

This has never been especially important until recently when highly dubious figure were being banded about by some in their ever more desperate need to persuade people that U.K. EU Trade is paramount and if we leave the EU we are all going to Hell in a hand cart.

The issue is this:-

If the U.K. imports a product from a country outside the EU as often as not that product will pass through Rotterdam on its way to the U.K. (or Antwerp). For EU purposes this is logged as an import into the EU and then an export from the EU to the U.K.

This has the effect of overvaluing the trade between the EU and the U.K. and undervaluing non EU trade with the U.K.

Oil is a particular case in point - the way the EU works is fine - I am not criticising it in this regard. EU economists have been very open over the years about this and how it adversely effects a member countries trade figures. So as long as we know about it we can deal with it.

With oil we import crude from say, Nigeria. It goes to Rotterdam where the Dutch further refine it and then move it over the channel to the U.K.

Because the stuff was part processed in the Netherlands- it is now logged as an EU export to the U.K.

And - don’t forget that the same works in reverse. U.K. exports to the world that flow through Rotterdam/Antwerp get logged as EU exports.

As I say - this matters not a lot if you are happy as an EU member and exactly HOW the flow of goods is logged is rather academic.

But this ambiguity is vital now. And it seems clear that some are deliberately misleading the public by keeping quiet about this as part of project fear.

MSS · 23rd January 2019, 18:27

Quote:

Originally Posted by Nick Greg

Just means he'll be leaving a bit of a vacuum in the UK.....

There's always one!

Darcydog · 23rd January 2019, 18:54

Quote:

Originally Posted by mss

There's always one!

Well I think that really sucks.

23rd January 2019, 12:05	#78
Darcydog This is my second home Join Date: Jul 2014 Posts: 5,428 Thanks: 3,123 Thanked 3,170 Times in 2,096 Posts	Rotterdam effect? Also known as the Rotterdam/Antwerp effect as both ports skew the current figures. This has never been especially important until recently when highly dubious figure were being banded about by some in their ever more desperate need to persuade people that U.K. EU Trade is paramount and if we leave the EU we are all going to Hell in a hand cart. The issue is this:- If the U.K. imports a product from a country outside the EU as often as not that product will pass through Rotterdam on its way to the U.K. (or Antwerp). For EU purposes this is logged as an import into the EU and then an export from the EU to the U.K. This has the effect of overvaluing the trade between the EU and the U.K. and undervaluing non EU trade with the U.K. Oil is a particular case in point - the way the EU works is fine - I am not criticising it in this regard. EU economists have been very open over the years about this and how it adversely effects a member countries trade figures. So as long as we know about it we can deal with it. With oil we import crude from say, Nigeria. It goes to Rotterdam where the Dutch further refine it and then move it over the channel to the U.K. Because the stuff was part processed in the Netherlands- it is now logged as an EU export to the U.K. And - don’t forget that the same works in reverse. U.K. exports to the world that flow through Rotterdam/Antwerp get logged as EU exports. As I say - this matters not a lot if you are happy as an EU member and exactly HOW the flow of goods is logged is rather academic. But this ambiguity is vital now. And it seems clear that some are deliberately misleading the public by keeping quiet about this as part of project fear. Last edited by Darcydog; 23rd January 2019 at 18:47.. Reason: Typo & typo2

23rd January 2019, 08:08	#71
Darcydog This is my second home Join Date: Jul 2014 Posts: 5,428 Thanks: 3,123 Thanked 3,170 Times in 2,096 Posts	Oh dear - doom and gloom again based on sound bites not reality. U.K. manufacturing accounts for 44% of our exports Represents 70% of business R&D Employs 2.6 million people Contributes 11% of Gross Value Added (output less consumption) and provides 13% of business investment. This data from the Hennik Research Annual Manufacturing Report 2018.

23rd January 2019, 08:12	#72
Gate Keeper This is my second home 4X4 Join Date: Jul 2010 Location: Nairobi Posts: 20,056 Thanks: 8,286 Thanked 7,017 Times in 4,160 Posts	Let’s have some positive news. Not that difficult to find: British farmers to export British beef to China. Worth £50 million to the the British economy, making Britain great! I expect I could dig up more examples https://www.google.co.uk/amp/s/www.t...-20-years/amp/

23rd January 2019, 08:21	#73
Darcydog This is my second home Join Date: Jul 2014 Posts: 5,428 Thanks: 3,123 Thanked 3,170 Times in 2,096 Posts	A quote from the introduction of this report. “Contrary to widespread perceptions U.K. manufacturing is thriving with the U.K. currently the worlds eighth largest industrial nation. If current growth trends continue the U.K. will break into the top five by 2021.”

23rd January 2019, 09:45	#74
Nick Greg Posted a thing or two Honda Insight Hybrid Join Date: May 2015 Location: Brighouse Posts: 1,157 Thanks: 691 Thanked 424 Times in 280 Posts	Just means he'll be leaving a bit of a vacuum in the UK.....

23rd January 2019, 11:11	#75
Dallas This is my second home 1979 Capri 1.6L, 1982 Capri 1.6L, 2016 Dacia Stepway Join Date: Jun 2009 Location: Dorset Posts: 8,595 Thanks: 3,496 Thanked 3,397 Times in 2,218 Posts	I read that the car industry dismissed an idea Dyson had some years ago of applying his cyclonic technology that revolutionised vacuum cleaners to handle diesel emissions in car exhaust systems.

23rd January 2019, 11:24	#76
Stevie25 Loves to post Rover 75 Saloon Join Date: Oct 2014 Location: Bangor, NI Posts: 369 Thanks: 356 Thanked 148 Times in 87 Posts	Dyson, Feb 2017: “Dyson’s exporting strength and commitment to creating jobs in Britain is a real success story that demonstrates the opportunity that our plan to create a truly global Britain can present.” Dyson, Jan 2019: Moves HQ to Singapore... Just as we are about to leave the EU, it just so happens that the EU and Singapore have signed a new Trade Agreement, that would be handy for Sir James and selling his products into the EU, perhaps someone should tell him......oh wait