Costs Rising

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Scotland will join the EU as an independent country before the rest of the UK rejoins, which will be at least a generation away. Thankfully my mum is Scottish so I'll be claiming citizenship at the first opportunity.

That is ironic also. The independent "leave us the fuque alone" Scots joining a group.

Who needs a drink? Unfortunately it is only early morning here so those of you in Europe toss one back for us.
 
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That is ironic also. The independent "leave us the fuque alone" Scots joining a group.

Who needs a drink? Unfortunately it is only early morning here so those of you in Europe toss one back for us.
There's independence and there's independence. The real irony is that Brexiters thought leaving the EU would give us independence, but there's no such thing in the highly globalised world we live in. We are interdependent. Relative power derives from which economic block you are part of, not how unconnected you are. Leaving the EU has made the UK rule-takers whereas before we were one of the more powerful rule-makers, and managed to secure more exemptions from the rules of our own club than any other member. If the UK ever wants to re-join they will have to accept the single currency, Schengen, etc., etc., etc.
 
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On a lighter and more watch related note - post Brexit if the pound surges in value and is strong, it would make watches technically cheaper if not in UK local boutiques, then a trip to France or another EU country to purchase in Euro's and wear the watch back gaining from the strong pound and no UK VAT/Import duties...
 
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On a lighter and more watch related note - post Brexit if the pound surges in value and is strong, it would make watches technically cheaper if not in boutiques, then a trip to France or another EU country to purchase in Euro's and wear the watch back gaining from the strong pound and no UK VAT/Import duties...
Maybe, but the pound is unlikely to surge. Once there is less uncertainly, it may go up a bit, but then watch the pound, over time, turn to dust, as businesses contract and leave. I predict a Euro to be worth more than a pound within three years.
 
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Maybe, but the pound is unlikely to surge. Once there is less uncertainly, it may go up a bit, but then watch the pound, over time, turn to dust, as businesses contract and leave. I predict a Euro to be worth more than a pound within three years.
WOW that is some prediction - that will however make watches more expensive for us Brits (and German cars which I also have an addiction to in addition to Swiss watches)
 
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WOW that is some prediction - that will however make watches more expensive for us Brits (and German cars which I also have an addiction to in addition to Swiss watches)
Don't put money on my predictions. I actually haven't got a clue about what I'm talking about. It's all gut feeling.
 
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Don't put money on my predictions. I actually haven't got a clue about what I'm talking about. It's all gut feeling.

And I should mind my own business as we have a lot of work to do here in our "United States" of America.

Wonder what watch Mr. Johnson wears?
 
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It's the same here and in many countries. They call it the culture war. Societies are split between people who are outward looking, internationalists, and inward looking, protectionist xenophobes. Suspicion of the "other" versus welcoming and open-minded. Do you turn back immigrants fleeing poverty and oppression as a likely threat to your wellbeing, or do you open your doors to them because you want to live in a civilised, caring society? This is the line that divides people, and families, these days. It's very sad.

It's obvious from my post where I stand, but I do recognise that while it's a moral question, there's no absolute truth to either side.

Anyway, now I feel I'm getting too serious.

It is probably worth saying that besides the extensive international travelling we as a family do for holidays and seeing friends and relatives (all over the world, no one place in particular) and I have and still do travel globally in my work - I feel that I am so much more levelled as a person, educated, cultured, responsible, forgiving but also ruthless in some regards, appreciative of the finer things in life such as the wines in some regions, the engineering of some parts of the world, the beauty of the worlds beaches, the magic of children of every nation, the hustle and bustle of street markets, the city sized malls in other cities, the exceptional food of the world, the quaint coffee shops, the snug bars and pubs, the open air cookouts on beaches, and a million other things...that I think it is a shame for people to be so narrow minded and not open their eyes to the beautiful planet we call home and earth whilst it is still so beautiful...
 
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Not going to happen, very sadly. There was some hope the whole folly would get abandoned when there was no majority government under Theresa May, but then Boris Johnson won a landslide election, which means he can now get anything he wants through Parliament. Maybe once we leave with no trade deal, Airbus follow in Ineos' footsteps and pack up their UK operations, which will mean tens of thousands of job losses, people might wake up and realise just how badly they've fυcked up, and that those blue passports might not have been worth it after all.

Have Ineos packed up their UK operations? Fairly sure all their operations are open as normal especially the Grangemouth plant which is their largest manufacturing site that they own. Are you referring to the electric car plant that was never going to built in the UK.

A complete load of unsubstantiated crap.
Edited:
 
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Going back to the original question, I am not sure there will be a significant increase.

As @Peemacgee said, the deal with Switzerland should be virtually unchanged.

For the EU countries, if you are a UK resident and buy a new watch from an EU country, then the dealer should mark it as for export and not charge you the VAT for their country. Then you'd pay UK VAT when it arrives. Most VAT rates are similar so the difference from today should be small.

You also would be well advised not to talk about smuggling watches back in to UK in order to avoid VAT.

Regarding Ineos, Airbus and other companies leaving UK. I don't keep up with the business news anymore but my thoughts are:

This is easier said than done for Airbus as you don't just pick up aerospace engineers wherever you feel like it. I have worked in many countries because of that. And some of the tooling needs months to settle before use.

I think Ineos have made a decision based on some help they have been given and that means they will set up in Germany and not Wales. This doesn't appear to be because of Brexit and it is not the whole company. Of course, it depends on which newspaper headline you read - at a guess:

Independent/Guardian: "Brexit causes loss of 500 jobs in Wales"

FT: "Ineos has decided to set up a new factory in Germany as local population has necessary skills".

Sun/Star: "I'm a celebrity stars eat caterpillars!"😁

Cheers, Chris
 
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Well said👍

The UK doesn't need another immediate Brexit referendum as that just tells everyone who voted to leave that they are wrong. That is never going to bring people together.

My feelings are that there will be gains and losses and a reasonable way forward would be that in two terms time (late 2020s) one major UK wide party should put the desire to rejoin the EU in their election manifesto. Let's see the result from that and it may lead to a further referendum and it can be said that it was given time to work, or fail.

I don't believe government is easy and it won't be any easier with this issue permanently hanging over our heads so best to shelve it for a decade. Yes, let's get back to the things that we all have in common.

Full disclosure: I'm a Brit and didn't get a vote as I had spent some years abroad (partly EU and partly North/South America). The impact of Brexit is only likely to hurt my business (for example) but, it was the decision made so, I'll live with it.

Cheers, Chris
Spot on!
 
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Have Ineos packed up their UK operations? Fairly sure all their operations are open as normal especially the Grangemouth plant which is their largest manufacturing site that they own. Are you referring to theelectric car plant that was never going to built in the UK?
Have Ineos packed up their UK operations? Fairly sure all their operations are open as normal especially the Grangemouth plant which is their largest manufacturing site that they own. Are you referring to the electric car plant that was never going to built in the UK.

A complete load of unsubstantiated crap.
“I hope you’re right. I really do.”

- Ripley, Aliens
 
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Getting back to the OP's original question, I don't think you can draw any firm conclusions or extrapolate the data to state what effect, if any, a no Brexit deal will have on prices. There are lots of moving parts in these situations, only Omega UK knows how this may affect them and what it may mean to pricing going forward.