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Intel said it didn't consider UK for new chip-making factory because of Brexit

businessinsider.com

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Re: Intel said it didn't consider UK for new chip-making factory because of Brexit

#11

Earlier quoted context omitted.

Friendly reminder that Europe is not European Union.

Yes it is

But it's not really, Russia is part of the continent, and not a member of the union. [1]

[1] https://en.wikipedia.org/wiki/Europe

Re: Intel said it didn't consider UK for new chip-making factory because of Brexit

#12
post #2

Well, of course? What did brexiters expect? Doing business from the uk to the rest of europe is harder and more expensive now, of course it is better to do it in ireland (geographically close and speaks english natively) or somewhere else (idk, Germany or something).

Friendly reminder that Europe is not European Union.

It might as well be when you are considering markets.

Re: Intel said it didn't consider UK for new chip-making factory because of Brexit

#14
post #10
post #5

"Chocolate teapot no good for hot tea". No surprise whatsoever. What on earth did Brexiteers think was going to happen? Still, at least we now have £350m a week for the NHS (oh wait, we don't) and a whole bunch of trade deals with others (oh wait, we don't) and a thriving economy (sigh). Obviously Covid will be used as the fall guy from now until eternity, but it's so blindingly obvious that we've been stiffed by a b…

> and a whole bunch of trade deals with others (oh wait, we don't) I’m all for bashing brexit but let’s stick to facts here (otherwise you’re no better than they are), I’m pretty sure the UK has done trade deals. https://www.bbc.co.uk/news/uk-47213842

We have - most of them just transfer the terms we had as EU members to us outside the EU. Good for continuity though. The big one is the one with the EU, which our government negotiated, signed and now say is awful and must be changed.

It's really no surprise international companies are not feeling the encouragement to invest in UK operations. The Prime Minister recently lied in his speech to the Conservative party conference about inward investment levels, claiming we rank much higher than we do.

Re: Intel said it didn't consider UK for new chip-making factory because of Brexit

#15
post #10
post #5

"Chocolate teapot no good for hot tea". No surprise whatsoever. What on earth did Brexiteers think was going to happen? Still, at least we now have £350m a week for the NHS (oh wait, we don't) and a whole bunch of trade deals with others (oh wait, we don't) and a thriving economy (sigh). Obviously Covid will be used as the fall guy from now until eternity, but it's so blindingly obvious that we've been stiffed by a b…

> and a whole bunch of trade deals with others (oh wait, we don't) I’m all for bashing brexit but let’s stick to facts here (otherwise you’re no better than they are), I’m pretty sure the UK has done trade deals. https://www.bbc.co.uk/news/uk-47213842

OP did say "a whole bunch". Although that's rather vague, I think the point is that we haven't done any trade deals that will come anywhere remotely close to making up for the increased friction in our trading relations with the continent.

Re: Intel said it didn't consider UK for new chip-making factory because of Brexit

#16
post #10
post #5

"Chocolate teapot no good for hot tea". No surprise whatsoever. What on earth did Brexiteers think was going to happen? Still, at least we now have £350m a week for the NHS (oh wait, we don't) and a whole bunch of trade deals with others (oh wait, we don't) and a thriving economy (sigh). Obviously Covid will be used as the fall guy from now until eternity, but it's so blindingly obvious that we've been stiffed by a b…

> and a whole bunch of trade deals with others (oh wait, we don't) I’m all for bashing brexit but let’s stick to facts here (otherwise you’re no better than they are), I’m pretty sure the UK has done trade deals. https://www.bbc.co.uk/news/uk-47213842

Trade deals which leave us worse than where we started or offer too little value to offset the damage of what we lost. The deal with Australia is reportedly very one-sided.

Re: Intel said it didn't consider UK for new chip-making factory because of Brexit

#17
post #10
post #5

"Chocolate teapot no good for hot tea". No surprise whatsoever. What on earth did Brexiteers think was going to happen? Still, at least we now have £350m a week for the NHS (oh wait, we don't) and a whole bunch of trade deals with others (oh wait, we don't) and a thriving economy (sigh). Obviously Covid will be used as the fall guy from now until eternity, but it's so blindingly obvious that we've been stiffed by a b…

> and a whole bunch of trade deals with others (oh wait, we don't) I’m all for bashing brexit but let’s stick to facts here (otherwise you’re no better than they are), I’m pretty sure the UK has done trade deals. https://www.bbc.co.uk/news/uk-47213842

It depends what you call a deal. Are they new trade deals from scratch, absolutely not. Are they trade deals that have been copied from the EU trade deals to satisfy ongoing deals ("rollover" deals), yes they are. Are we getting the trade deals that Boris promised, absolutely not.

https://www.bbc.co.uk/news/58818531

Re: Intel said it didn't consider UK for new chip-making factory because of Brexit

#18
post #2

Well, of course? What did brexiters expect? Doing business from the uk to the rest of europe is harder and more expensive now, of course it is better to do it in ireland (geographically close and speaks english natively) or somewhere else (idk, Germany or something).

Friendly reminder that Europe is not European Union.

Thats like saying America is not United States, we know that :)

While geographically correct of course, politically and economically USA with its 50 states is the center of gravity in North America just like like EU with its 27 states is center of gravity in Europe

Re: Intel said it didn't consider UK for new chip-making factory because of Brexit

#19
post #7
post #5

"Chocolate teapot no good for hot tea". No surprise whatsoever. What on earth did Brexiteers think was going to happen? Still, at least we now have £350m a week for the NHS (oh wait, we don't) and a whole bunch of trade deals with others (oh wait, we don't) and a thriving economy (sigh). Obviously Covid will be used as the fall guy from now until eternity, but it's so blindingly obvious that we've been stiffed by a b…

£30 per hour for picking broccoli and they still can't fill the roles...basically says it all IMO. I love the UK too.

Everyone realizes how bad these sorts of jobs are. Backbreaking work, and you can't really take the job if you don't have childcare, cannot physically do it, or cannot travel with the job for some reason.

Oh, and do I need to mention that the jobs aren't year-round? If you want to work all year, you probably need to be able to travel, which is going to be more difficult since brexit than it was before and the pay certainly won't be as good everywhere. In some places, you aren't even afforded the same protections under the law because you are a temporary migrant worker.

When you simply quote the amount paid per hour, you cannot get the whole story here. And that's assuming that your £30 an hour quote is a flat rate per hour: I don't know how it is there, but in many cases, farm workers get paid per piece, so it might realistically be "up to £30 per hour" instead.

Re: Intel said it didn't consider UK for new chip-making factory because of Brexit

#20
post #10
post #5

"Chocolate teapot no good for hot tea". No surprise whatsoever. What on earth did Brexiteers think was going to happen? Still, at least we now have £350m a week for the NHS (oh wait, we don't) and a whole bunch of trade deals with others (oh wait, we don't) and a thriving economy (sigh). Obviously Covid will be used as the fall guy from now until eternity, but it's so blindingly obvious that we've been stiffed by a b…

> and a whole bunch of trade deals with others (oh wait, we don't) I’m all for bashing brexit but let’s stick to facts here (otherwise you’re no better than they are), I’m pretty sure the UK has done trade deals. https://www.bbc.co.uk/news/uk-47213842

Just about all of those are rollover deals from the existing agreements the UK already had when it was part of the EU. That's not a bad thing, but at best it just maintains the status quo. You can count on one hand the number of truly new deals that have been signed, none of which are particularly significant. Meanwhile, trade with the EU, the UK's biggest trading partner, has fallen off a cliff.
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