BRFR Cake Stop 'breaking news' miscellany

[First Aspect]

Different companies have different legal systems and tax arrangements. I believe it can be most convenient to deal with this via different subsidiaries.

There are also regulatory requirements in some industries that necessitate this.

However the same can be said of US states (which each have their own legal bar qualification for example), and the UK (Scotland, Northern Ireland each have separate legal systems).

It's probably fair to say that for historical reasons s the EU is less of a unified entity than the US or UK, but it is literally a single market. Hence, when we were in it, we could but what we wanted from anywhere in the EU that would ship to us.

Honestly, Stevo, arguing that the EU single market isn't a single market in order to make it seem smaller, just makes you sound stupid.

 

[CXRAndy]

A question for Farage. Who is going to be doing the mining these days?
Serious question.

Certainly isn't the UK in any meaningful way.

What I can't understand is why buy millions of tonnes of foreign coal, most of which is poorer quality than British coal, then ship it half way round the world.

Where is the reduction in net emissions, when we could mine it locally and use that.

I know it's used as a back up fuel, so not frontline energy source, but we are going to need coal, oil, gas for quite some time before energy security is assured from renewables

 

[First Aspect]

Coal is no longer used to generate power in the UK, as a backup or otherwise. There might be the odd Scottish crofter still using it, but that is about all.

It is still used for steel production.

 

[Stevo 666]

But surely having separate companies is your business's choice, and there will be other companies with a single company structure covering the whole of Europe / EU. Having multiple companies allows your group to play the transferring profits to the lowest tax regime game that multi nationals love, at the expense of the local tax payer.

It reflect business needs and the fact that each market is different. I mean we are in those infamous tax havens such as Germany, France, Italy, Spain, Netherlands, Belgium, UK, the Nordics etc. We present in those countries because that's where sell our products and services, not for the reason that you are assuming. I explained it before in Cake Stop, including why the current regs prevent that even if we were trying to transfer profits to low tax jurisdictions - I assume you have heard of the Global minimum rules which are now in force?

 

[Stevo 666]

Actually, we don't know why @Stevo 666's group have multiple companies. Perhaps he could explain further to help us understand why he's right. My guess is he only knows they exist because he's been in the different offices on his cleaning round? I did ask him to come up with some figures on trade with the various countries, but it seems he'd rather his 'point' (now 2 points) remains amorphous. Why's that Stevo?

See my post above.

I'm not clear what point you're trying to make - or if you even have one. Maybe you can clarify?

 

[briantrumpet]

Wahey!

 

[bobzmyunkle]

I'm not clear what point you're trying to make - or if you even have one. Maybe you can clarify?

Oh, I see what you did there.

 

[PurplePenguin]

The EU has shifted from needing fishing rights to agree a defence pact to now needing a financial contribution.

 

[briantrumpet]

 

[Stevo 666]

Oh, I see what you did there.

No point then?

 

[Stevo 666]

Some bad news for those who like polls suggesting that people want to rejoin the EU. Unlikely to happen if this poll is anything to go by:
https://www.telegraph.co.uk/politic...ur-more-in-common-opinion-poll-largest-party/

Quote from article in case it's paywalled:
"Reform UK is now predicted to be the largest party at a general election.

A major new poll by More in Common suggests Nigel Farage’s party would take more than 150 seats from Labour and win 180 seats. Labour and the Conservatives would be tied on 165 seats each.

The projected figures mean that all three parties would fall well short of an overall majority in the Commons."

 

[icowden]

Some bad news for those who like polls suggesting that people want to rejoin the EU. Unlikely to happen if this poll is anything to go by:
https://www.telegraph.co.uk/politic...ur-more-in-common-opinion-poll-largest-party/

It probably isn't due to it's placing in the Telegraph which suggests that it has been somewhat cherry picked.

Current poll of polls prediction would be a Labour win but not a Labour parliamentary majority. There would likely be a Tory / Reform coalition.
https://www.electoralcalculus.co.uk/prediction_main.html

This is still disturbing.

 

[pinkbikini]

Very disturbing since Farage is a bullshitting, lazy-arsed grifter. He has no interest in governing, like Spaffer Johnson. He just wants to ‘own the libs’. Total sad-sack.

 

[Pross]

I’m prepared to place a decent bet that Reform will not be the largest Party at the next General Election either in terms of seats or vote share.

 

[First Aspect]

With all populists, the question is how high the storm ride will rise, before it drops back.

There has been bad flooding in Brazil, and the levies are under strain in the US. Perhaps here we will just see some boggy fields, who knows.

Either way, whenever they actually do get power, they are found out for the liars and idiots they are.

The only question is the amount of flood damage caused.