My online bank - N26 has just emailed to say they're closing all accounts in the UK because of Brexit. No doubt means jobs lost too.
Brexited | the worst threads live the longest
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In the latest episode of the United Hour Podcast, Nik @Rood and Imran @Annihilate Now! start with the good news by celebrating Manchester United Women's emphatic FA Cup win over Spurs at Wembley and the future of manager Marc Skinner.
Then it's the bad news and the ever worsening form of our Men with losses to Arsenal and Palace.
Finally the main debate - ETH Out now or keep him until the end of the season - if not longer. Are you Team Nik or Team Imran?
I don't get this, given that they came to the UK after the Brexit vote. Seems to be like management are trying to cover up failure.
Maybe they expected to get a UK banking licence but haven't done so?
Not sure. Could be what you say though.
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The EU-Vietnam trade agreement, the “most modern and ambitious agreement ever concluded between the EU and a developing country”, got Parliament’s backing on Wednesday.
https://www.europarl.europa.eu/news...am-free-trade-and-investment-protection-deals
https://www.europarl.europa.eu/news...am-free-trade-and-investment-protection-deals
The UK will get a more modern and ambitious one with them next year.
They came to the UK in October 2018, when this kind of exit was at least the midcase scenario. If that's really the reason it's dreadful planning.
Maybe they thought or were led to believe that the chances of no agreement between the UK and the EU were remote. Seems they have very few staff in the UK and it is run remotely from Germany.
Now that an agreement between the UK and EU seems more unlikely it may start hitting home how different things will be from next year and people and/or companies assuming that things would carry on roughly as before , may be in for a big surprise.
Well exactly. The government has been saying 'prepare' to businesses for a while now without actually telling them what they need to prepare for. Johnson was still telling people that they'd be no border checks on goods before Xmas and Gove has come out and directly contradicted that again yesterday.
No-one in the UK government gives me the impression that they know what they are doing regarding the UK leaving the EU. In reality the government seems to have no idea themselves what to prepare for, let alone advising businesses.
Their relatively tiny market share in the UK means it wasn't worth them taking on the cost of securing a UK specific banking license. It's as simple as that.
Interesting........
and a link to the column it references at the end...
https://www.thetimes.co.uk/article/...7?shareToken=0fe7ad7436ae96075507638bee618205
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and a link to the column it references at the end...
https://www.thetimes.co.uk/article/...7?shareToken=0fe7ad7436ae96075507638bee618205
.... and a much, much better and more beautiful deal as well
So the government will stop low skilled workers from immigranting to Britain, and the Brits themselves are already queuing up to work at McDonalds or as cherry-pickers...
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Is it bad I can’t tell if this is sarcastic or not?
I'm Irish, guessIs it bad I can’t tell if this is sarcastic or not?
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That's an official government account tweeting that. What next? "Where's our 350 million Michael? Call me"
I'm investing in self service machines I think
McDonald's... Hotel check ins... They already exist but I suspect about to become much more commercially viable
Obviousley we will have to import them as we won't have people in the UK to work on the assembly lines... So yeah probably automated assembly lines as well.
New immigration rules look excellent, exactly what this country needs.
What's changed... Id say at the time they published that we were talking about close alignment on regulations and environmental standards because due to our physical proximity to the EU (unlike Canada) they want to make sure we don't allow sweatshop conditions with minimal corporation taxes and allowing factories to ignore (expensive) environmental standards and then be freely allowed to trade those goods in the world's biggest market with an unfair advantage.
We have said we want to deviate on these standards... So yeah what's changed... Our stance and as such so has the EU's
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As an employer they look a little inflexible ... Not a concern for my company as we employ engineers and highly skilled (paid) people mainly but I can see a big impact on the supply chain - particularly construction and events which we work in... There is already a massive labour shortage in construction and with HS2 in the mix I'm genuinely not sure there are the labourers available.... Equally the seasonality of events and hospitality means people often come in for a few months only which looks like it will be trickier
Overall shouldn't impact my business which was of course my main concern but with such a low unemployment rate I suspect this will be aligned with a very brutal cut in benefits essentially forcing people to take work.
The UK should send them back to go in the big new museum in Greece, to be with everything else from the Parthenon . We can have replicas instead. No need for us to keep the originals. It would be a real gesture of good faith.
You can argue that Elgin had a legal agreement to take them at the time, but we are all aware that this was cultural looting. We wouldn't do it now.
Thanks for sharing. I've never worked in the labouring or construction industry, how long would it take to train someone to be effective? Do you think there will be enough people willing to train should it be offered?
It proves that the morons who are running the country and the idiots who voted for Brexit have not got a scooby do what they are doing or what they voted for.
They had a cabinet reshuffle and left Liz Truss as International Trade Secretary. I've had clerks who were more knowledgeable on international trade than she is.
Is there anyone in government who actually understands how international trade works?
Construction is a pretty broad sector but specifically steel erecting (we design and build bridges and floating structures for events)
A skilled labourer would be earning more than the 25k for sure but they would need to have done an nvq (ideally level 4) which is I think approx a level and that has to be done with inspections on the job as well as paperwork ... Typically a year or so
On top of that (just to be able to get in a cherry picker and tighten a bolt... I.e. a pretty base level) they are going to have needed to do a week long recognised health and safety a week long slinger banksman course a working at height course ipaf or similar as well as the cpcs requirements ... Minimum a month and 7k ish in training (and wages whilst they are training) I'd say.
For a groundworker fetching and carrying tools just the basic health and safety (3 days and a few hundred quid)
So it varies a lot
I generally take people on with the view that in the first year they will cost me money and time... In the second year that should break even and by year 3 they will be properly productive... We only have very experienced project managers and a few steel erectors of our own who again are super experienced ... The more general and junior people we tend to subcontract in and it's those that I see the problem with... A lot are self employed (they work on oil rigs... They do jobs for me... They do big projects for a few months in one place then onto the next job)... I believe there is very very limited routes for temporary and self employed so yeah that's a concern
At the junior end I do worry that there is enough unemployed English folks ready to go and undertake physical jobs often staying away from home for an extended period ... Certainly I know my subcontractors have struggled for years to bring in the right young people and HS2 for example is mandating how many apprentices you have to take on per £x spent with you on the scheme... I am hesitant as an employer to take people on if I don't see a long term future for them being the right fit especially given the training requirements and time taken to make somebody effective for me... But if I am legally obliged to then I just have to hire whoever is available (and given the low unemployment rates that might not be the right person available at the right time) and essentially stick all the training costs as an expense to the contract if I don't think they will stay with us for 3 years plus (that will go on everybodys tax bill by the way)
The events industry will need looking at... There are a lot of freelancers tour with bands and go between festivals... Riggers ... Specialist pm and infra guys and certainly 90% of the ones I work with are self employed so that looks like it could be difficult as with a tour you will have a core who go worldwide but also a north America team, South America, europe, Asia etc... Not sure how the European teams will be able to come in because as I say they are all freelancers so I'm not sure the exemptions for entertainers etc will stretch that far ... But I've not fully checked that
Interesting. I imagine as with lots of these type of policy issues this is the kind where government will have to set its stall out and then react quickly should there be issues. It would be good if government could invest in training in someway at the same time to try and ensure not all of the costs land on business.
Well the other strand of my business is essentially working in international development with the likes of ukef and the dti... Great people... Committed... Some highty inteligent chaps and chappesses ... But the civil service machine is not an organisation set up to react quickly
So I have my doubts about that
As for the costs I'm pretty sure that's all coming to businesses because it's far more palatable than raising income tax on people in the ballot box... They might cut corporation tax or allow extra tax relief for certain training I guess but that's the most I realistically hope for in the budget
Not really, because as labour shortages in McDonalds and fruit picking, etc. become a reality, a few things might happen;
* Defined now as areas of labour shortage these job/vacancies get a boost from the points system under identified labour shortages section;
*NVQ's in Burger tossing and picking fruit become available at Level 2, also boost points for job holders under requisite Qualifications section
*McDonalds and Fruit growers will up grade their automation production methods, requiring less staff and the savings used to raise the salary levels of those remaining to meet or even rise above the salary caps section.
Win-win situation; labour shortages targeted, improved skill levels in the respective industries raised, productivity (via automation) improved, better paid if less jobs required, immigration figures reduced!
Easiest deal in human history.
It will be when Machiavelli, sorry Dominic Cummings, has shaken them up a bit!
A 10-page briefing document outlining the new immigration policy states:
• UK borders will be closed to non-skilled workers – and all migrants will have to speak English.
• Anyone wanting to come to the UK to work must have a job offer with a salary threshold of £25,600 – though a salary “floor” of £20,480 will be acceptable in special cases where there might have a skills shortage skills, such as in nursing.
• There will be no route for self-employed people coming into the UK, spelling the end of, for example, Polish plumbers or Romanian builders arriving without a job.
• Border control will no longer accept ID cards from countries such as France and Italy. This, it is understood, is an attempt to clamp down on non-EU workers beating the system with forged or stolen ID cards.
• The skills threshold for foreign nationals wanting to work in the UK will be lowered from degree level to A-levels or their equivalent. The cap on the numbers of skilled workers is being scrapped – and a small number of highly skilled workers will be allowed to come in without a job.
If the UK don't accept ID cards in the future, apart from all the other industries they'll be killing off, tourism is also going to suffer - free ID cards vs costly passports for the whole family - maybe give the UK a miss, eh?
• UK borders will be closed to non-skilled workers – and all migrants will have to speak English.
• Anyone wanting to come to the UK to work must have a job offer with a salary threshold of £25,600 – though a salary “floor” of £20,480 will be acceptable in special cases where there might have a skills shortage skills, such as in nursing.
• There will be no route for self-employed people coming into the UK, spelling the end of, for example, Polish plumbers or Romanian builders arriving without a job.
• Border control will no longer accept ID cards from countries such as France and Italy. This, it is understood, is an attempt to clamp down on non-EU workers beating the system with forged or stolen ID cards.
• The skills threshold for foreign nationals wanting to work in the UK will be lowered from degree level to A-levels or their equivalent. The cap on the numbers of skilled workers is being scrapped – and a small number of highly skilled workers will be allowed to come in without a job.
If the UK don't accept ID cards in the future, apart from all the other industries they'll be killing off, tourism is also going to suffer - free ID cards vs costly passports for the whole family - maybe give the UK a miss, eh?
Do they think that forged and stolen passports aren't a thing? If that's the reason then they may want to rethink it.
Would Welsh/Scots do?
Or people overstaying their tourist visas on a valid passport.
Has anything actually been thought through regarding Brexit - absolutely no sign of it at all.
Probably not, next stage will be to dismantle bi-lingual signs you find in Wales and Scotland.
Now if the EU could stop brexiteers entering EU territory if they can't speak the local lingo we could banish them having full english breakfasts on their package holiday to the Costa del Sol.
You do realise these proposals aren't for holidays?
It was a joke. However, does Farage accept tourists or even UK legal immigrant residents can speak in their own language on buses and trains and that he is not entitled to listen in to their conversations.
There are plenty of UK workers in the EU and in many other countries who cannot speak the language of the country where they are living.
ID cards are much easier to forge.
I’m a remainer. But requiring those who seek to work in the UK to be able to speak basic English is not a horrible idea. The passing grade for that test is so low. It’s easier than the driving theory test, as an example.
It’s also a net good for society. Joining a country is great. I’ve done it three times. If you can’t speak the language you go to an area where others don’t. That area grows because people are lazy. Having a basic grasp of the native language is essential. Not just desirable. It frees you to live anywhere in that country.