Britons hoard expensive watches...........!

[bazin]

Swiss watchmakers see their exports of expensive clocks to the UK rise dramatically. British buyers with a thick wallet quickly hoard top brands, because they fear that the supply of pricey brands will end with a hard Brexit.
That is what the united Swiss makers of traditionally expensive timepieces such as Patek Philippe, Tag Heuer, Jaeger-LeCoultre, Piaget and Oméga say.
Their turnover rose by 76% in March alone compared to an annual basis. This increase in turnover compares extremely positively with previous annual revenues.
Alpine exports stall
The British and the Swiss, who do not belong to the European Union, have concluded trade agreements. With a Brexit they would not cause any problems for delivery. But those companies will also be affected by the Brexit, the Alpine exporters assume.
The watch manufacturers' trucks would not get the bells through France to London because they will get stuck at customs, fears.

[Ken B]

Source?

[padi56]

Originally Posted by Okami

Swiss watchmakers see their exports of expensive clocks to the UK rise dramatically. British buyers with a thick wallet quickly hoard top brands, because they fear that the supply of pricey brands will end with a hard Brexit.
That is what the united Swiss makers of traditionally expensive timepieces such as Patek Philippe, Tag Heuer, Jaeger-LeCoultre, Piaget and Oméga say.
Their turnover rose by 76% in March alone compared to an annual basis. This increase in turnover compares extremely positively with previous annual revenues.
Alpine exports stall
The British and the Swiss, who do not belong to the European Union, have concluded trade agreements. With a Brexit they would not cause any problems for delivery. But those companies will also be affected by the Brexit, the Alpine exporters assume.
The watch manufacturers' trucks would not get the bells through France to London because they will get stuck at customs, fears.

This great country of mine the UK survived and traded for hundreds of years with the big wide world long before we joined the EEC in 1973.And as we traded before the EEC, I am 100% sure we can trade after Brexit and no need to hoard any Swiss brand watch or any other.

[Devildog]

Originally Posted by Okami

Swiss watchmakers see their exports of expensive clocks to the UK rise dramatically. British buyers with a thick wallet quickly hoard top brands, because they fear that the supply of pricey brands will end with a hard Brexit.
That is what the united Swiss makers of traditionally expensive timepieces such as Patek Philippe, Tag Heuer, Jaeger-LeCoultre, Piaget and Oméga say.
Their turnover rose by 76% in March alone compared to an annual basis. This increase in turnover compares extremely positively with previous annual revenues.
Alpine exports stall
The British and the Swiss, who do not belong to the European Union, have concluded trade agreements. With a Brexit they would not cause any problems for delivery. But those companies will also be affected by the Brexit, the Alpine exporters assume.
The watch manufacturers' trucks would not get the bells through France to London because they will get stuck at customs, fears.

1) Exports have risen dramatically because the UK is currently one of the cheapest places in the world to buy luxury goods

2) "We" have significantly more to worry about than buying Rolex watches in the event of a "no deal" brexit

3) A "no deal" brexit is not going to happen (and most likely never was)

4) Brexit itself may now never happen

5) Exports have risen dramatically because the UK is currently one of the cheapest places in the world to buy luxury goods*

*I've put that in twice, because its a key point

[brandrea]

Originally Posted by Devildog

1) Exports have risen dramatically because the UK is currently one of the cheapest places in the world to buy luxury goods

2) "We" have significantly more to worry about than buying Rolex watches in the event of a "no deal" brexit

3) A "no deal" brexit is not going to happen (and most likely never was)

4) Brexit itself may now never happen

5) Exports have risen dramatically because the UK is currently one of the cheapest places in the world to buy luxury goods*

*I've put that in twice, because its a key point

Interesting read Scott

For those of us who can admit to not fully understanding Brexit, can you summarize what it exactly is (in short form please). I’d seriously like to understand it better.

Edit: apologies to the OP for highjacking the thread. Perhaps I should post in open forum

[timedate]

We love europe, we love europeans, we love their food and culture, we love them visiting us, we love buying their products, we love them buying ours, we love their holiday resorts,

We just dont like being politically ruled by a foreign entity which we were assured would not happen by past british politicians, we were told it will be a trading block only with no loss of sovereignty,

It transpired in the end that not a single uk rule or law can be authorised unless the eu says it can.

We will be stronger without the shackles, but only if we get the true brexit.

[dan993]

Originally Posted by timedate

We love europe, we love europeans, we love their food and culture, we love them visiting us, we love buying their products, we love them buying ours, we love their holiday resorts,

We just dont like being politically ruled by a foreign entity which we were assured would not happen by past british politicians, we were told it will be a trading block only with no loss of sovereignty,

It transpired in the end that not a single uk rule or law can be authorised unless the eu says it can.

We will be stronger without the shackles, but only if we get the true brexit.

So true!

[Fat_ninja]

Theres this entire part of the world called asia... u can see the swiss watch exports

[Devildog]

Originally Posted by brandrea

Interesting read Scott

For those of us who can admit to not fully understanding Brexit, can you summarize what it exactly is (in short form please). I’d seriously like to understand it better.

Edit: apologies to the OP for highjacking the thread. Perhaps I should post in open forum

Hi Brian

I'll try and keep this factual and non political, to avoid any breach of the forum rules

Brexit is an interesting one, and you will get a different answer whether you are in favour of it or against it.

Basically, it is the exit of the United Kingdom from the European Union, following a referendum held by the UK's current government which saw 51.9% of those voting wishing to leave the European Union and 48.1% of those who voted wishing to stay. Only 72% of registered voters voted in the referendum.

The EU is a political and economic union of 28 member states.

Fundamentally, the referendum was held for political, not economic reasons. I've spoken with a former Chief Economist of the Bank of England (and others way more economically informed than I am who is firmly of the belief that economically, leaving the EU is a very bad idea.

The voting percentages are extremely tight, and as you can imagine its a very sensitive issue in the UK at the moment, with many not fully understanding the reality of the situation, but rather focusing on immigration and the old "being told what to do by someone else" chestnut.

Interestingly, Scotland voted overwhelmingly to stay within the EU as did Northern Ireland and the City of London. The rest of England and Wales voted largely in favour of leaving.

All things considered it is a bit of a mess, frankly, and whether the UK leaves or stays, significant economic damage has already been done.

The big question is whether or not that can be repaired, regardless of what the outcome is

[timedate]

Originally Posted by Devildog

Hi Brian

I'll try and keep this factual and non political, to avoid any breach of the forum rules

Brexit is an interesting one, and you will get a different answer whether you are in favour of it or against it.

Basically, it is the exit of the United Kingdom from the European Union, following a referendum held by the UK's current government which saw 51.9% of those voting wishing to leave the European Union and 48.1% of those who voted wishing to stay. Only 72% of registered voters voted in the referendum.

The EU is a political and economic union of 28 member states.

Fundamentally, the referendum was held for political, not economic reasons. I've spoken with a former Chief Economist of the Bank of England (and others way more economically informed than I am who is firmly of the belief that economically, leaving the EU is a very bad idea.

The voting percentages are extremely tight, and as you can imagine its a very sensitive issue in the UK at the moment, with many not fully understanding the reality of the situation, but rather focusing on immigration and the old "being told what to do by someone else" chestnut.

Interestingly, Scotland voted overwhelmingly to stay within the EU as did Northern Ireland and the City of London. The rest of England and Wales voted largely in favour of leaving.

All things considered it is a bit of a mess, frankly, and whether the UK leaves or stays, significant economic damage has already been done.

The big question is whether or not that can be repaired, regardless of what the outcome is

'ive spoken with a former chief economist who says it's a very bad idea'.....that must be true then

'being told what to do by someone else'.......yes i mean who thinks thats a good idea

'all about immigration'........yes people must be imagining the impact of it

'economic damage has been done'.........the country is booming

'its a bit of a mess'........ brexit is not a mess as we havent had it yet, what is a mess is the deliberate destruction of the process by the cry baby remainers (the extreme ones) who think nothing of cheating democracy and who dress it all up as something else. I thought i had met duplicitious people in my life before the referendum, but nothing prepared me for this disgraceful behaviour.


For the record, i have been fully informed about brexit for 20 plus years, nobody sold me a lie.