I wonder what the EU tariffs are on clothing imports? I'm guessing they are quite substantial, and that may be behind Next's thinking. As a business solely supplying the UK market, if they can import cheap clothing from India and Bangladesh, then they probably figure they can boost domestic sales and profits. Fair enough if that's the case tbh.Next retail as well. They’re seeing their sales plummeting and probably want to see people spending at home, rather than going abroad often and spending money there.
Considering the EU have granted UK nationals 90 free days travel, post Brexit, those running Next hoping that people will travel less are widely mistaken.
Anyway, your point is correct, most big businesses are against Brexit.
To be honest I think Wetherspoons in particular is the only business I can think of that has really even mentioned Brexit in a positive light.
I worked at Wetherspoons and you always saw his articles in the company mags so political lobbying from him is nothing new.
When I was there he was banging on about taxes on alcohol. He wants Brexit because he has calculated that it would benefit his business, nothing wrong with that of course.
I can't think of any others that are in favour and have expressed that. The only thing we have ever heard over the last 3 years is how the FTSE will pack up and leave, Airbus will leave, the car industry will collapse etc.
I don't know how remainers and certainly Labour can say that big business is correct that we should remain but then simultaneously say that big business is behind the campaign to leave for tax dodging reasons etc!
The support of one fool like Aaron Banks is just totally irrelevant in the grand scheme of things.
And you point is what exactly? That so few funded the campaign, kind of proves the point.News > UK > UK Politics
Brexit campaign was largely funded by five of UK's richest businessmen
The five contributed £15m out of a total £24.1m given to Leave campaigns in the five months before the referendum
https://www.independent.co.uk/news/...st-businessmen-peter-hargreaves-a7699046.html
I wonder what the EU tariffs are on clothing imports? I'm guessing they are quite substantial, and that may be behind Next's thinking. As a business solely supplying the UK market, if they can import cheap clothing from India and Bangladesh, then they probably figure they can boost domestic sales and profits. Fair enough if that's the case tbh.
Just adding some colour to the original post.And you point is what exactly? That so few funded the campaign, kind of proves the point.
Like what?
News > UK > UK Politics
Brexit campaign was largely funded by five of UK's richest businessmen
The five contributed £15m out of a total £24.1m given to Leave campaigns in the five months before the referendum
https://www.independent.co.uk/news/...st-businessmen-peter-hargreaves-a7699046.html
A few of you know what I do but I'm not advertising on here because dickheads jump all over it. This is absolutely correct. Every "serious" business person I speak to, and I speak to a lot, is massively anti-Brexit. But most are scared of going public because they don't want to alienate customers.
Scandalous, really.More on Johnson is a liar that seemed to get his sycophants in a bit of a tiz yesterday.
https://t.co/U6ew9FwgM6
A few of you know what I do but I'm not advertising on here because dickheads jump all over it. This is absolutely correct. Every "serious" business person I speak to, and I speak to a lot, is massively anti-Brexit. But most are scared of going public because they don't want to alienate customers.
A great thread explaing "Number 10 Sources." In other news Cummings talking bollocks bring parroted by BBC/Sky.
Absolutely right.The herd of elephants hiding in plain sight is the media barons, the opinon formers,, no other big business group can be considered in the same way , apart from straw clutching by desperate cheerleaders. Every one of them has vested interests and whatever they are reported to have said may not be what was actually said. A surefire indicator is where it is reported, if the msm say its red, put your money on black..
Agreed.Absolutely right.
People are missing the point that there's a big difference between big business and wealthy businessmen.
Big business is almost universally against Brexit due to the expected negative impact on their bottom line, however some wealthy businessmen (including some press barons) are for it because of the beneficial effects on their investments which benefit by a falling pound, deregulation and the maintenance of tax havens. Many of them don't actually live in the UK, or if they do they own massive estates away from the peasants, so are not bothered if the social fabric of the country is damaged beyond repair.
Haha. Lining up EU workers en masse for minimum wage warehouse roles
No wonder you pair are remainers as it cuts off your supply of cheap labour
99.9% you sayI think you're wrong about this. Remain marches pull hundreds of thousands. Leave marches pull hundreds.
99.9% of the stubborn Leave voters are ordinary people who don't really understand it and just want it over.
It's a massive if of course, but if there were a 2nd ref and we revoked, there'd be a week or two of rioting and it would settle down to grumbles and Facebook pictures. the Tommy Robinson types would be the only ones kicking up a stink and they are nasty, but there aren't many of them.
Agreed.
I am not sure how many of them hold "short" positions on the UK economy though - not many I would imagine. That's more the domain of hedge fund managers. Most are in it for the potential deregulation I would imagine. And also due to the fact that it's very easy to be pro Brexit if the economic downsides will cause you zero pain because you are so wealthy you won't even notice.
In a bizarre kind of way, that's also why Corbyn is a Brexit supporter.Absolutely it's about deregulation. The shorting the pound argument is a red herring.
In a bizarre kind of way, that's also why Corbyn is a Brexit supporter.
He wants the ability to meddle in businesses affairs and the markets, with subsidies and other such, but EU rules won't let him. So he wants deregulation as well.
I also suspect that it's because isn't really for anything. He's against lots of things but pin him down on something he actually wants and he gets pissy.In a bizarre kind of way, that's also why Corbyn is a Brexit supporter.
He wants the ability to meddle in businesses affairs and the markets, with subsidies and other such, but EU rules won't let him. So he wants deregulation as well.