Re:Doom, Gloom and Unease: London's Tech Scene Reacts to Brexit
by throwawaysocks on Friday June 24, 2016 @06:32PM
(#11974003)
But the stickiness of geography for finance and autos are very different. Replicating a segment of London's financial sector in Frankfurt is easier than replicating BMW/VW to UK.
Re:Doom, Gloom and Unease: London's Tech Scene Reacts to Brexit
by smm2000 on Friday June 24, 2016 @10:29PM
(#11974913)
Cars are ultimate commodity - you can buy Lexus or BMW and they are mostly equivalent. I am sure Toyota or Honda will be happy to sell cars in UK. Import to UK from EU is almost 1.5x higher than reverse. Tariffs will cost EU more than UK.
Seems like good evidence that the parties will want to ensure trading continues mostly the same as it has been. A big question is whether the rest of the EU would be able to block such arrangements. I don't think they will either want to or be able to.