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Discuss Vote Leave Or Vote Remain? in the General Off-topic Chat area at TilersForums.com.
Like they'd listen to me anyway lolGood to see you're not trying to influence the vote Dan!
Do you think it'll change much with import / export mate? (Don't have to be business-specific, I just mean generally - as you'd be in the know from that point of view)Leave, I've already voted using a postal vote.
Do you think it'll change much with import / export mate? (Don't have to be business-specific, I just mean generally - as you'd be in the know from that point of view)
Exchange rates make a big difference. I've just put together our accounts and sent them to our accountant for the year end and for the last 12 months we've had to include a foreign Exchange Adjustment of £28,500.
Basically the uncertainty of the EU exit has cost us that much more to buy stock simply due to exchange rate fluctuation. That has more to do with import export than negotiating trade agreements.
We actually sell very little into the EU, Malta mostly, but we sell more worldwide than into the EU. Exports are still only 1% of our business though.
I see a leave vote putting us in a stronger position to be honest. No one is going to not trade with us because "we left their gang". If you look at the people all worried about leave they are politicians and multinationals that benefit from hefty cross border tax breaks.
Real British businesses are happy with the idea of out.
See the letter written to staff by boss of JCB firm Lord Bamford:- EU referendum: JCB chairman tells staff of Brexit support - BBC News
Or James Dyson:- EU referendum: Sir James Dyson says Britain better off out - BBC News
Following a leave vote there'll be 12 months of depressed exchange rates (meaning sterling is weak) bizarrely this makes exporting easier as it's cheaper for foreign customers to buy from us. So ironically we'd probably see an increase in export business.
A year or so down the line it will be business as normal and we will be setting our own stall out to trade openly with the whole world.
We'll also be able to pick and choose who comes in through the door from anywhere in the world not just 28 countries we currently have unlimited arrangements with.
Reply to Vote Leave Or Vote Remain? in the General Off-topic Chat area at TilersForums.com