The Brexit referendum thread: potential consequences for GB, EU and the Brits in CH

[fatmanfilms]

	Quote:	Dinivan
	This is just one method of pricing. Some companies do use costs as a base, notably cost-plus pricing. Retailers often use this method.

I know John Lewis typically marked up 133% so when they reduced prices by 50% they were still making a profit. If you don't produce anything or add value then competition will prevent you taking the piss. Amazon is doing this very successfully.

[Blueangel]

Went to the latest Embassy roadshow this evening which allayed most of my concerns about life in Switzerland, so only the UK situation to be really bothered about now. A few points that were made below, and apologies if anything isn't 100% accurate as this is from scribbled notes taken. Please just treat it as a little heads up for anyone who is affected and needs to check things out further. Apparently, there are still a lot of issues and niggles currently unresolved, but the bulk of the work has been done.

Brits need to renew their passports at 9yrs 6mths because they will need 6mths left on their passports to be able to travel in the Schengen area.

British residents in CH are advised to always travel with their Swiss residence permit as well as their passport as the amount of time allowed in the Schengen area is greater for residence permit holders than for UK passports holders.

If you intend to travel with pets, it's advisable to have Swiss pet passports for them in addition to current British ones.

UK passport holders will have to join the non-EU passport queues at airports in the Schengen area and have their passports stamped. This is being looked into and possibly challenged as EU passport holders will still be able to use E Gates when entering the UK. Anyone who's visited the UK in recent months will have seen the new signage emphasising this. I saw it at the end of August.

A complicated one that may need clarification for anyone affected, if you are married to an EU national on Exit day, you are free to return to the UK with them up until 29 March 2022.

British people currently resident in CH will be able to apply for any jobs advertised for EU applicants. There are expected to be teething problems with this as the message hasn't been received by all employers yet (the larger companies have been advised, (CS, UBS, Roche, etc...), but the Embassy are asking for anyone who is refused for such a job based upon their nationality to please let them know.

Right...where are we up to?

	Quote:	fatmanfilms
	All that is telling you is tax rates are too high, tax competition exists just as competition exists between companies. I believe all subsidies should be illegal, unviable business's should fail, real capitalism. The Banks should never have been rescued & depositors need to realise the risk they are taking chasing higher interest rates. Switzerland is an amazing example of tax competition......... Seems to work rather well.

As long as people run companies rather than robots, real capitalism won‘t really exist.

[Jim2007]

	Quote:
	You're answering a question I haven't asked. In one post you say raw costs not relevant. In another they are. Which is it?

He doesn’t know he is under some strange illusions that tariffs etc will not be passed on and that merchants etc will swallow the costs for ever.

[Urs Max]

	Quote:	22 yards
	Take away Northern Ireland and there is no United Kingdom; just Great Britain.

Huh? No longer "united" but it would still be a kingom, the KoGB.

[John William]

I'm hoping to install the Brexit message alert for my mobile that says 'Here's another fine mess you've
got me into Boris' from a really good Oliver Hardy voice impressionist.

And how about this for a Brexit Grief theme tune - in fact if ever a theme tune could sum up the
last 3 years of Brexit shenanigans, it's this one.

This should be the Brexit Cuckoo theme tune

[marton]

	Quote:	Dinivan
	This is just one method of pricing. Some companies do use costs as a base, notably cost-plus pricing. Retailers often use this method.

Difficult to manage when many goods come from foreign sources or have high foreign content; due to currency fluctuations the cost varies daily.

Works OK with short life goods like fruit and veg where you just base the price on the cost of the last truckload but even then you can catch a bad cold if you ignore what price the competition is charging.

[marton]

	Quote:	fatmanfilms
	I know John Lewis typically marked up 133% so when they reduced prices by 50% they were still making a profit. If you don't produce anything or add value then competition will prevent you taking the piss. Amazon is doing this very successfully.

Not so simple anymore for John Lewis, from their last annual report "gross margin pressures drove around half of the reduction in profits".

Then last month "John Lewis unveils first-ever half-year loss"

[Jim2007]

	Quote:	baboon
	NI demographics mean reunification is going to happen within 10 to 20 years anyway. Although this might accelerate it.

It’s probably 50 years away or more. It would be very hard to get people in Ireland to in favor of letting NI join, if it involves cash or Irish soldiers coming home from NI in body bags.

[Sky]

Thank you for the synopsis Blueangel, very useful indeed !

Did they say how many days a visiting (non-resident) British citizen is allowed in Switzerland?

Does it mean that as of Nov 1st, Brits arriving at a Swiss airport will have their passports stamped or is that at the end of the transition period (should there be a deal)?

Not sure I understood the mariage bit.... if a Brit marries a EU/Swiss national after Oct 31st, they cannot take their EU spouse back to the UK?

Wow ? 😶

[Blueangel]

	Quote:	Sky
	Did they say how many days a visiting (non-resident) British citizen is allowed in Switzerland?

British nationals will be allowed to have a rolling 90 days stay in the Schengen area. British nationals with a Swiss B or C residence permit will be subject to a rolling 180 days access to the Schengen area.

This question was asked by a gentleman who had planned to spend the first year of his retirement travelling around Europe. He was hoping that a 1yr Schengen Visa would still be an option for him, but the panel did not have the answer to this to hand.

	Quote:	Sky
	Does it mean that as of Nov 1st, Brits arriving at a Swiss airport will have their passports stamped or is that at the end of the transition period (should there be a deal)?

It will be from 1st November 2019 if the deal is passed.

	Quote:	Sky
	Not sure I understood the mariage bit.... if a Brit marries a EU/Swiss national after Oct 31st, they cannot take their EU spouse back to the UK?

The way I take the meaning is...

A British national currently resident outside of the UK, and who is married to an EU/EFTA spouse before 1st November 2019, can relocate to the UK with them before 29 March 2022 without having to go through the Family Reunification process. For marriages after 1 Nov, or relocation to the UK after 29 March 2022, they will be subject to family reunification.

N.B. If anyone reading this is subject to any of these issues, please get them double checked with the Embassy staff directly and don't just go off what I've written. This is only my understanding of what was said.

	Quote:	Jim2007
	He doesn’t know he is under some strange illusions that tariffs etc will not be passed on and that merchants etc will swallow the costs for ever.

Yup. My take too.

	Quote:	fatmanfilms
	I know John Lewis typically marked up 133% so when they reduced prices by 50% they were still making a profit. If you don't produce anything or add value then competition will prevent you taking the piss. Amazon is doing this very successfully.

Your link only goes to the general store site. Where are you getting the 133% typical mark up figure from?

	Quote:
	Your link only goes to the general store site. Where are you getting the 133% typical mark up figure from?

He's a good mate of John Lewis, he told him over a pint.

	Quote:
	He's a good mate of John Lewis, he told him over a pint.

Ah, they must have been out on the lash then, celebrating his 183rd birthday...

[k_and_e]

	Quote:	Jim2007
	He doesn’t know he is under some strange illusions that tariffs etc will not be passed on and that merchants etc will swallow the costs for ever.

Reminds me of the times that the government assured that prices wouldn't go up after the introduction of the euro...

[baboon]

	Quote:	k_and_e
	Reminds me of the times that the government assured that prices wouldn't go up after the introduction of the euro...

...which they didn't, at least not significantly. Best estimate is maximum 0.05% across the whole Eurozone which is tiny.

Nothing to do with the UK situation however.

[baboon]

	Quote:
	Your link only goes to the general store site. Where are you getting the 133% typical mark up figure from?

As that completely contradicts his point that they can only charge what the market will bear I wouldn't worry about it.

He tried this line of argument on pricing a couple of months ago and was demolished then. I can only assume he thinks we all have short memories. Or it's something to do with education.

[k_and_e]

	Quote:	baboon
	...which they didn't, at least not significantly. Best estimate is maximum 0.05% across the whole Eurozone which is tiny.

Of course

[22 yards]

	Quote:
	Your link only goes to the general store site. Where are you getting the 133% typical mark up figure from?

I don't think FMF put that link there; it's the annoying automatic advertising thing that has bedeviled ED for the last couple of years. It automagically links keywords in regular text at a cost to the advertiser. Like this: John Lewis, or this: Samsung.