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AFIN 867 video script
AFIN867 Group video presentation (Group2 Online)
Brexit and how UK will face International financial issues if they leave the European Union
What is Brexit?
· The word ‘Brexit’ comes from two merging words of ‘Britain’ and ‘exit’ which is a shorthand way of explaining UK is leaving the European Union.
· Brexit will create great uncertainty on European financial system and UK financial services and capital market.
· It all started on 23 June 2016 at a public vote called a referendum where 52% voted UK should leave EU and the departure date was set to 29 March 2019.
This was the planned timeline for the Brexit event which started on Dec 2017 followed by proposal adoption
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1887 words - 8 pages
Free
Executive summary
On 23rd June 2016, the British people voted to leave the EU and the commercial sector is faced with a difficult decision. The UK’s decision to leave will be felt by the construction company JK Roofers LTD, in Lincolnshire whose employees are mainly migrants.
Although the UK law will not change considerably for quite some time. Businesses will be stung by these issues and should consider all possible consequences in their negotiations with suppliers and customers. In the wake of Brexit, firms should factor in these alterations when making both their short- and long-range plans.
For immigration, a post Brexit scenario is listed as an option, including a points-based system
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This essay will consider how the law in the United Kingdom has to find a balance between competing human rights. It will firstly provide an overview of Human Rights outlining the progression through the years of the Human Rights ideology before moving to look specifically at the law on privacy and family discipline and the issues faced by the courts in balancing the different Human Rights.
The term Human Rights refers to the basic rights of all individuals irrespective of nationality, race, religion, ethnicity or gender and can be considered moral rights. Moral rights are natural rights that exist from birth which are applicable to everyone and universal irrespective of which society they
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therefore
bestowed with the power to ensure that the major provision of the EU treaty are being
adhered.
Challenges of Brexit in environmental law implementation
The main challenge of the Brexit in ensuring that the environment has been protected is
ensuring that the United Kingdom follows the protocols set by the European Union.
Considering that the EU has a standard that seeks to ensure that the environment is
protected in a particular magnitude, the Brexit is considered to be an easy way that allows
for the lowering of the administrative burden of legal compliance to these aspects (Reid,
2016). In particular, there is concern that the protocol, permission and reporting practices
which are
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Litofsky 4
Alec Litofsky
Dr. Joaquín Roy
INS 594/694- European Union relations with Latin America
26 September 2018
The European Union: Good for integration, or not?
When news broke that the United Kingdom had voted to secede from the European Union, a large debate ensued over whether or not their time spent as one of the leading countries of the bloc had at all played a role in the positioning of the British economy in the global marketplace. Those in favor of Brexit argued that maintaining their position as a member state of the EU would add little to an economy which was the fifth-largest is the world, and had long been governed by a complex system of laws (Bruszt and Campos). On the
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Environmental analysis – PESTEL
Political
Political uncertainty has forced Philips to redesign their suppliers and supply chains in Europe. According to Independent’s report, due to Brexit, Philips will close its factory in Glemsford, England and move its operations to the Netherlands. This change will have a significant impact on Philips' development in the UK, such as the increases in transportation costs and tax. In the report, the CEO of Philips UK claimed that Philips still regards the UK as an important market and they will continue to invest in this market. According to Ernst & Young's statistics, 36% of their customers showed intention to move some of their UK business. This
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share losses while penetrating into new markets due to a relatively higher value structure. (Marks and Spencer 2015)
During 2015 the company experienced a period of stops in its growth in the international business caused by the global uncertainties and decreased of profitability in new markets. (Marks and Spencer, 2016)
In Middle-east, Russia and Ukraine the company was also affected by an essential loss due to local money decline and a reduction of demand.
Since the Brexit, the company has experienced a loss as it has influenced the performance of the market and the value of the sterling pound. After the UK exit from the European Union Marks and Spencer, and all the retailers in the
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upon at the time by the Conservative government; it can also be seen as a causation for Brexit as it undermines British law and order. However it's debatable how limiting the act can be since the government would not have agreed to a policy which removes their power to govern fully as it would make that active government extremely unpopular. Dicey stated that 'The principle of Parliamentary sovereignty means neither more nor less than this, namely, that Parliament thus defined has, under the English constitution, the right to make or unmake any law whatever; and, further, that no person or body is recognised by the law of England as having a right to override or set aside the legislation of
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Brexit would give a new life to Dicey’s doctrine of Parliamentary supremacy as demonstrated by Sandra Fredman “Withdrawal from the EU makes a fundamental change to the UK’s constitutional arrangements, and rights of UK residents will be lost. Such a change can only be affected by Parliament.”[footnoteRef:4] As a result of this, Parliamentary supremacy would be key as it would ensure that unelected bodies such as the judges can’t create or pass laws, in connection to the on-going whereby unelected bodies in Strasbourg were passing laws that became implemented into the UK constitution. Many citizens in the UK voted against this in the EU referendum as it undermines our fundamental unwritten
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morning sales for whole company.
HR department started to develop strategic plan to resolve current problems in X Coffee. Their first step was to identify external and internal factors to understand the issues. At this point PESTLE and SWOT analysis were used.
PESTLE analysis is there to identify and provide summary of external environmental influences on an organisation or policy. Pestle stands for ‘Political, Economic, Social, Technological, Legal and Environmental’ factors. X Coffee has least control over those factors and as the wider environment is ever changing, organization needs to compensate for changes in those factors.
POLITICAL
Brexit had impact on recruitment in X Coffee.
Pressure
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become meaningful and generated the information required to not only successfully communicate these research findings but also give them credibility.
Living in such uncertain times, where the outcome of Brexit may not only mould the future of our country, but also impacts the global economy; I believe there is no better time to utilise economic analysis to study global markets and the behaviour of corporations, consumers and xxx .
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the early 2000's. On the other hand, the current BREXIT debate in Britain serves an example of the furtherance of democratic practices through the limitation of power in the unelected parliamentary body known as the House of Lords.
The debate over British departure from the European Union, better known as BREXIT, remains a contentious issue in British politics (Clarke). However, the parliamentary debate over BREXIT that took place earlier this year demonstrates the limited power of the British House of Lords. After the BREXIT bill won an overwhelming majority of support in a vote count of 498 to 114 in the House of Commons, the bill went to House of Lords for consent. Many followers of
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Free
triggering of Article 50 on 29th March 2017. The European Movement UK argues that UK citizens should retain their right for EU citizenship and likewise for existing EU citizens of the UK. A cause to which they believe the 16 million people who voted against Brexit have the democratic to retain, this aim is supported by the popularity of the group whom have 47 branches and by their lobbying for continued membership on 25th October 2017 which crowdfunded £52,000. The campaigning after the period of the European Union Referendum 2016 by pro-European Union pressure groups allows the voices of the 48.1% who voted remain to agree for the best compromise in Brexit through influencing secondary
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There are multiple aspects Meepleco needs to consider within the external environment, firstly
the political aspects that should be contemplated are the fact that Brexit has the UK in a state
of political uncertainty which is worrying for businesses when it comes to importing and
exporting. (Kamen, M. 2016). Meepleco will need to consider how Brexit is negotiated as they
need to insure import taxes on international board games do not cause them difficulty.
Economical
Economic factors have the most influence on a company as a whole irrespective of what market
it is in. In 2017 the estimated average household disposable income was £27,200 this is an
increase of 1.8% compared to 2016 which was
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what happens before and after a tariff is put in place, with the world supply going from P1 to P2. Although a tariff would cause an increase in domestic businesses and provide greater domestic revenue with the potential of more jobs being created and, with that, a step towards full employment, there is a detriment in weakening ties with the countries we trade. The UK is primarily a service exporting country and reports from a leading think-tank have forecasted that the recent Brexit could lead to a 60% drop in its exports as it has left the European single market and this is calculating the free- trade agreement they have with the EU. In 2014, 40% of the UK's services trade, and more than half
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permanent job opportunities should be provided in addition to the correct education and training of potential workers. The skills gap could also be filled with better-qualified, international workforce, with temporary guest worker programs being a quick fix.
Brexit
The U.K voting to leave the European Referendum will have a direct effect on the construction industry as a whole, which in turn will have an effect on the UK in general. Currently, there have been no legal changes so the EU Laws and Regulations are still in play. Non-UK nationals who flow freely from the EU to the UK carry out a significant number of construction jobs. Future changes to the laws regarding work and travel might be off
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/news/uk/politics/brexit-latest-theresa-may-amendment-7-eu-summit-defeat-tory-rebels-a8108966.html
UK Parliament. (2018). House of Lords reform. [online] Available at: http://www.parliament.uk/business/lords/lords-history/lords-reform/ [Accessed 18 Jan. 2018].
BBC News. (2018). No 10 plays down Lords Brexit warning. [online] Available at: http://www.bbc.co.uk/news/uk-politics-38915553 [Accessed 18 Jan. 2018].
1
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, and their opinions and suggestions are valued. This leadership makes employees more willing to accept changes as they feel and consider themselves as a part of the decision-making process. Google follow this leadership.
· Democratic leadership has some potential downsides too. Procrastination, negative emotions, uncertainty, less accountability are some of them. Brexit is an example of democratic failure.
Scenario of laissez-faire
· Successful laissez faire leadership mainly have people who have strong extensive skills and experience, they are self-motivated and driven to success on their own and close supervision. For example, a retail buyer and market sectors.
· This leadership fails when
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specialist consultancies and in-house accountants in other businesses. Brexit has boosted the demand for skilled professionals in accounting. According to the data from the group’s chief executive Robert Walters, there was an increase of 41 percent in the accountancy and finance sector. The biggest rise of 14 percent was for certified accountants, 10 percent for assistant accountants and 7 percent for finance managers (ICAEW Economia). The average UK accountant earns a salary of £62,042. The salary fluctuates limited to the factors such as gender, company size and location. The major British professional qualifications are ACA, ACCA and CIMA. The professional accounting bodies in UK are Institute of
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idealism, although largely critiqued by the left, centrists - even members of the right itself - for underlying tones of racism, sexism and homophobia. At a Q&A on the European Union in January 2014, the former leader of UKIP and Pro Brexit campaigner, Nigel Farage, denied that discrimination against women existed. Farage declared that women were simply “worth far less” than many of their male counterparts.
“A woman who has a client base, has a child and takes two or three years off - she is worth far less to her employer when she comes back than when she went away because that client base won't be stuck as rigidly to her portfolio,” (Farage, 2014).
Although an idealism of inequality and
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