EU threatens to ban UK ag and food exports to them

[thesilentone]

I'm not sure that you even read the article! You presumably wrote post #97 though, which makes the erroneous claim of 10-15% of revenue.

This is the reference, which does refer to compliance costs, in some cases, tens of millions of euros...However, these are annual costs, not a one-off, setting up is one thing, constantly updating is another which is very labour intensive.


"Deloitte estimated companies that do business in the EU will pay an additional 10% to 15% in compliance costs under GDPR. For the Global 2000, the EU is too huge a market to leave, but some smaller companies may abandon the market or anonymise users’ data to avoid collecting any personally identifiable information, Linthicum said. He said he’s also watching to see if the EU backs down on the requirements to make it cheaper, of if they’ll stand pat regardless of the outcomes if businesses pull out of the EU. "


"For these organisations, it’s clearly jumping the gun to talk about the cost of maintaining compliance, as they still need to implement the GDPR’s requirements.

This is likely to cost about €1.3 million, according to a 2018 Veritas report, although other studies have shown that this figure could be substantially higher.

A PwC report, for example, found that 60% of organisations intended to spend more than $1 million (about €900,000) on compliance, with 12% saying they would invest ten times that."

"Because companies that are found to be in violation of the GDPR face those fines of €20 million or 4% of global revenues (whichever is greater), some firms that rely on sensitive data are treading in uncertain waters and subsequently this has led to some companies leaving Europe. "

 

[thesilentone]

So much for the EU rules and Compliance !!!


"A few days before the GDPR went into effect, it was discovered that the EU Parliament’s website was not compliant with the new privacy guidelines. Only a few days after May 25th, a data leak on the European Commission’s website compromised the personal data of European citizens. The response by the Commission was to claim that they are not subject to the new data protection law, in what signalled a clear double standard in the concern for user data. "

 

[Highland Mule]

This is the reference, which does refer to compliance costs, in some cases, tens of millions of euros...However, these are annual costs, not a one-off, setting up is one thing, constantly updating is another which is very labour intensive.

Yes, I know. And nowhere does it state that compliance with GDPR would be:

red tape and regulation 10-15% of revenue for GDPR

 

[thesilentone]

Yes, I know. And nowhere does it state that compliance with GDPR would be:

However in the case of some smaller Companies it will be, or higher.

 

[Highland Mule]

However in the case of some smaller Companies it will be, or higher.

I sincerely doubt that very much, unless they are data mining companies or illegally operating direct marketers and the likes who do no real benefit to society, in which case they deserve to be put out of business.

What type of organisation were you thinking of that would have to spend 10% of revenue on GDPR compliance, over and above that which they would normally spend on following relevant good practice for managing our private information?

Or you could just concede that your post #97 was wrong?

 

[Farmer1001]

British made denby cups, lol.
We are furnishing a new flat and it's very hard to do do with all uk made stuff, especially electrical goods. UK based firms need to be far more proactive on marketing, just like food processors, there is a huge marketing opportunity that all these clever fudgeers cant seem to see.
Help the UK bounce back from covid by buying British etc etc, big union Jacks and made/grown/reared in Britian stamped on the front.

It’s a very admiral position to take, unfortunately with the best will in the world, we will never ever be a force for manufacture again on the items you mention. You say British firms need to be more proactive as if they are idiots needing to be told what to do. Where do you think the money is made on an iPhone - the manufacture or the selling? Same applies to Dyson, exceptional British company that design and sell very good (expensive) products, there’s a reason Dyson is the richest farmer in Britain, and it has more to do with manufacture costs than anything else. There are a few on here who believe Brexit will lead to a “buy British” revolution, the penny should have dropped with the Japan deal but I suspect not.

 

[thesilentone]

I sincerely doubt that very much, unless they are data mining companies or illegally operating direct marketers and the likes who do no real benefit to society, in which case they deserve to be put out of business.

What type of organisation were you thinking of that would have to spend 10% of revenue on GDPR compliance, over and above that which they would normally spend on following relevant good practice for managing our private information?

Or you could just concede that your post #97 was wrong?

Sorry, can't help you there. The actual and on-going cost of GDPR to Companies will be very high due to the demands for highly-skilled labour and technically astute individuals, who are not cheap. The 10%-15% ,maybe even a conservative estimate. Around 30 high-tech Companies have already pulled out of the EU, and the inward investment in that market segment has fallen off a cliff.

 

[robs1]

It’s a very admiral position to take, unfortunately with the best will in the world, we will never ever be a force for manufacture again on the items you mention. You say British firms need to be more proactive as if they are idiots needing to be told what to do. Where do you think the money is made on an iPhone - the manufacture or the selling? Same applies to Dyson, exceptional British company that design and sell very good (expensive) products, there’s a reason Dyson is the richest farmer in Britain, and it has more to do with manufacture costs than anything else. There are a few on here who believe Brexit will lead to a “buy British” revolution, the penny should have dropped with the Japan deal but I suspect not.

Look back at the UK car industry in the 70's, useless managers and militant unions, nissan is world leading productivity in Sunderland, if they can do it so can the rest, we need the government to make it easy for them to do it here, yes of course no one is saying we can beat the Chinese for cost of production but just because we are good at design now why cant the chinese do that as well? You have just shown the attitude that lost uk manufacturers their jobs, we need to keep up with the world in all aspects or others will take over, the uk consumer needs to understand buy cheap and lose a job that pays for your job, companies, unions,governments and consumers are in this together, we need to innovate to prosper, look at farmers, how many stick to the same old ways of working, so this going to be easy ? No will it take time and be hard ? Yes but sticking our heads in the sand will be worse.

 

[Hilly]

Yes, no argument there on the most part. However - we do not want to pay for things, hence why we keep going round in cicles in this country. I would also say we have lost a lot of the skills, and have a deficit of new entrants, because there are not many real apprentices these days, so will take a few years to build our side back.

Mmm

 

[thesilentone]

Look back at the UK car industry in the 70's, useless managers and militant unions, nissan is world leading productivity in Sunderland, if they can do it so can the rest, we need the government to make it easy for them to do it here, yes of course no one is saying we can beat the Chinese for cost of production but just because we are good at design now why cant the chinese do that as well? You have just shown the attitude that lost uk manufacturers their jobs, we need to keep up with the world in all aspects or others will take over, the uk consumer needs to understand buy cheap and lose a job that pays for your job, companies, unions,governments and consumers are in this together, we need to innovate to prosper, look at farmers, how many stick to the same old ways of working, so this going to be easy ? No will it take time and be hard ? Yes but sticking our heads in the sand will be worse.

Completely agree, if we are such a big market to BMW/Audi/Volkswagen and if tariffs are imposed, why not manufacture in the UK ?

That is one of the EU's fears, hence the issue over a ' level playing field ' on business support and subs.

In the 70's the UK was on the brink of being the largest car manufacturing Country in the World.

 

[Hilly]

I have made a conscious effort not to buy anything from china.

It’s so difficult near impossible.

 

[Highland Mule]

Sorry, can't help you there. The actual and on-going cost of GDPR to Companies will be very high due to the demands for highly-skilled labour and technically astute individuals, who are not cheap. The 10%-15% ,maybe even a conservative estimate. Around 30 high-tech Companies have already pulled out of the EU, and the inward investment in that market segment has fallen off a cliff.

No worries, so you can't back up your previous claim. Fair enough.

 

[Hilly]

Fish and chips or pizza?

F&C for me, hands down!

If I have takeaway it’s fish n chips at least it’s half heathy

Here is my new holland t7040 bought new last year and my new jones bedformer which arrived last month. Feel free to post any pictures of your british machinery. The reason i am here is because for whatever reasons UK farming is a closed shop that it is very difficult for people without inherited wealth to enter. View attachment 907923

That’s fine but don’t be like the rest of the ex pats leave then turn around and be most opinionated about where they have left , I’m in Scotland Cos it was too bloody expensive to farm in England so we ain’t that differnat just you went a bit further . I have a lots of pics of british machinery on here and also small things I have made for others .

 

[robs1]

It’s so difficult near impossible.

Some say it's difficult or impossible to make money farming but lots still try to.

 

[Hilly]

Some say it's difficult or impossible to make money farming but lots still try to.

Fair point , nothing impossible but im
With you keep trying I don’t like exporting my money to China

 

[Farmer1001]

Look back at the UK car industry in the 70's, useless managers and militant unions, nissan is world leading productivity in Sunderland, if they can do it so can the rest, we need the government to make it easy for them to do it here, yes of course no one is saying we can beat the Chinese for cost of production but just because we are good at design now why cant the chinese do that as well? You have just shown the attitude that lost uk manufacturers their jobs, we need to keep up with the world in all aspects or others will take over, the uk consumer needs to understand buy cheap and lose a job that pays for your job, companies, unions,governments and consumers are in this together, we need to innovate to prosper, look at farmers, how many stick to the same old ways of working, so this going to be easy ? No will it take time and be hard ? Yes but sticking our heads in the sand will be worse.

I absolutely agree we have let it go, but that doesn’t mean we can or will bring it back. Nissan would not do today what they did back then, the world has moved on and we are thinking we can go back. Like it or not (and I don’t) the Uk is shifting more towards imports than self sufficiency, brexit will simply speed it up. The public don’t need to “understand anything”, they will do what they wish and no amount of buy British will change it. Many would agree to put more money into the NHS but how many would send a few quid each week of their own? Wake up and face the future, we need to look forward and capitalise on the opportunists rather than bringing back what we have away and will never get back. If we don’t then we will simply repeat the past by giving away future opportunities before we even have them as we waste time crying over the past.

 

[Farmer1001]

Completely agree, if we are such a big market to BMW/Audi/Volkswagen and if tariffs are imposed, why not manufacture in the UK ?

That is one of the EU's fears, hence the issue over a ' level playing field ' on business support and subs.

In the 70's the UK was on the brink of being the largest car manufacturing Country in the World.

BMW Audi and Vw etc supply global markets, are you saying they should have a factory in each country or just the UK? Btw who own those
Companies? This is dark age stuff - we may as well build a few coal stations and open the mines whilst we are at it.

 

[thesilentone]

BMW Audi and Vw etc supply global markets, are you saying they should have a factory in each country or just the UK? Btw who own those
Companies? This is dark age stuff - we may as well build a few coal stations and open the mines whilst we are at it.

Timing could be good, over 2.5m cars a year sold in the UK, a move to Hybrid/Electric, new tooling and ways of manufacturing = cost. Anyone who steals a march, will be well placed.

 

[Farmer1001]

Timing could be good, over 2.5m cars a year sold in the UK, a move to Hybrid/Electric, new tooling and ways of manufacturing = cost. Anyone who steals a march, will be well placed.

Steals a lead? Keep up.

 

[Muck Spreader]

Didn't they have a way round the stalling problem before the fix was brought in by rolling during the dive

Look back at the UK car industry in the 70's, useless managers and militant unions, nissan is world leading productivity in Sunderland, if they can do it so can the rest, we need the government to make it easy for them to do it here, yes of course no one is saying we can beat the Chinese for cost of production but just because we are good at design now why cant the chinese do that as well? You have just shown the attitude that lost uk manufacturers their jobs, we need to keep up with the world in all aspects or others will take over, the uk consumer needs to understand buy cheap and lose a job that pays for your job, companies, unions,governments and consumers are in this together, we need to innovate to prosper, look at farmers, how many stick to the same old ways of working, so this going to be easy ? No will it take time and be hard ? Yes but sticking our heads in the sand will be worse.

Nissan, Toyota etc only built car plants in the UK to supply the EU market. Without continued easy or tariff free access they just become pointless cost centres.