Politicians sometimes fuck things up... Who could have predicted that?
Also if your "hot take" is that it's good news that we can now have a vaccine trade dispute with our biggest market.. Then I'm not really sure where to start with that 🤷
Vaccine exports controls from the EU is potentially very bad for the UK and the EU..
But given the monumental pressure that the commission is under from its members.. And citizens. You can understand why they would want to be seen to do something.. But any vaccine controls are likely to be counter productive.
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In the early part of my career I sourced automotive parts of from Japan to the UK.
The biggest cost and issue wasn't the tarrif.
But the fact that Japan was thousands of miles away and 4-6 weeks by sea.
When preparing something for 6 week on the sea it needs a whole lot of extra packaging and protection than something that will spend 36 hour on an truck from Poland.
You also need to to invest in a repack/wash facility at your factory, more storage space.
Then the cost of capital locked up in material on the water..
All makes tarrifs insignificant.
So basically you don't sources from the other side of the world unless you have no choice.
Prediction.. GB News will be the Parler of TV news. Lots of talk of everyone moving over.. But any broadcaster on channel 675 is always going to struggle to get mass traction.
24 hour news doesn't have the cultural history as it does in the US. And TV news is losing viewers generally.
What it will do is generate lots of clips for twitter.
It's an expensive business to get into, and revenue through TV advertising is based on viewing figures.. So it'll need to be advert heavy if its to sustain itself.
Advertisers might be hard to keep, People don't want their advert on after JHB has just spouted covid denied crap.
But ask yourself the question, we know EV's are the future industry is spending billions on them.. So what could have happened two years ago that stopped EV investment in the UK, and what is likely to happen to traditional car plants?
Investment taps have been turned off due to May's policy of leaving the SM/CU, £2.5bils in 15 to £0.5bils in 18
As the world was shifting to EV's we put up the "not welcome" sign and investment went elsewhere.
As legacy non EV products ramp down so will the industry.. 😢
This isn't the result of a "bad brexit deal" or anything that happened this month, it's the inevitable consequence of May's red lines
Once we missed out on the EV investment over the last few years the writing was on the wall.