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May 14 2024 11.52pm

The Brexit Thread (LOCKED)

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View chris123's Profile chris123 Flag hove actually 12 Oct 16 7.28am Send a Private Message to chris123 Add chris123 as a friend

Originally posted by Kermit8

Oh look....

"A leading light in the Brexit campaign said they now expected the UK could still end up paying as much as £5bn a year into EU funds, in return for access to the single market.
This is roughly half of what the UK would have expected to contribute to the EU - estimated by the Office for Budget Responsibility to average around £9.6bn a year from 2015.
A senior official has described the prospect of continuing UK contributions to the EU as the "dog that hasn't barked" after Prime Minister Theresa May made no reference to the issue when she set out her red lines for her forthcoming EU negotiations last week."

BBC

Sorry NHS

I can't see any reason for this to happen - we'll continue to trade freely with Europe, without the unrestricted free movement.

 

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Hoof Hearted 12 Oct 16 9.47am

Originally posted by Kermit8

Oh look....

"A leading light in the Brexit campaign said they now expected the UK could still end up paying as much as £5bn a year into EU funds, in return for access to the single market.
This is roughly half of what the UK would have expected to contribute to the EU - estimated by the Office for Budget Responsibility to average around £9.6bn a year from 2015.
A senior official has described the prospect of continuing UK contributions to the EU as the "dog that hasn't barked" after Prime Minister Theresa May made no reference to the issue when she set out her red lines for her forthcoming EU negotiations last week."

BBC

Sorry NHS

I agree with Chris123's comment.

Where did you get this "quote" from Kermit?

You haven't provided a link?

 

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nickgusset Flag Shizzlehurst 12 Oct 16 9.55am

Originally posted by Hoof Hearted

I agree with Chris123's comment.

Where did you get this "quote" from Kermit?

You haven't provided a link?

[Link]

 

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Hoof Hearted 12 Oct 16 10.11am

I asked Kermit.... I don't trust or open your links as you know full well.

 

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nickgusset Flag Shizzlehurst 12 Oct 16 10.55am

Originally posted by Hoof Hearted

I asked Kermit.... I don't trust or open your links as you know full well.

Copy the text kermit posted into Google. It will bring up the article.
Not hard..

 

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View JohnyBoy's Profile JohnyBoy Flag 12 Oct 16 11.16am Send a Private Message to JohnyBoy Add JohnyBoy as a friend

Originally posted by Hoof Hearted

I agree with Chris123's comment.

Where did you get this "quote" from Kermit?

You haven't provided a link?


Good day Hoof. This is front page on bbc and Bloomberg is also all over the story that theresa may has backed down on giving the commons a vote on brexit plans....thankfully
But as you have pointed out previously it is too early to say for certain how it will all unfold, and as yet any conclusions are based on anecdotes. But there are things slowly unravelling. As you will know being a finance professional there are lots of fnancial opportunities in disruption.
We know that invoking article 50 was intended to be the next day after the vote but has been delayed til march 17. This has helped any immediate slowdown, but the pound has plummeted to a 35 year low versus $. Equity markets are strong, buoyed by emergency intervention by the bofe (ir cuts and quant easing), rising oil and commodity prices and especially those stocks with large $earnings. But the ftse remains negative in $terms. If you held US equities in your pension you made 20% overnight almost entirely on the back of a plunging £. I suspect some smart brexiteers are really cleaning up and if they shorted sterling then they really are smiling.....even moreso if they were warded HOL poster of the year (i also cheered loudly at this one)
The bond markets are a different story. If your a pensioner; savings rates, yields etc are astoundingly low. 10 year uk gvt yield 1% so annuities and pension fund deficits are really struggling....really pensioners are the hardest hit.
My 2 week holiday in France cost me an extra £600 quid, plus my parents fly to ireland tomorrow and will likely get about 1.07 euros to the pound when they could have got closer to 1.35 the last time they went. Oil (traded in $) is pushing up pump prices -i pay about £1.16 and it seems set to rise.
Politically i would say i have never known such a mess. My missus voted tory and says she would never have voted for theresa as pm. I am not poliically alligned but am really struggling with the current government and opposition. The tories may have kept their pledge to hold a referendum but the also pledged to eliminate the deficit by 2020, to keep us in the single market and to maintain fiscal discipline - all of which have seemingly been abandoned.
Meanwhile anecodtally we hear that race hate crime has shot up, immigration is RISING, and firms will be asked to make lists of foreign workers.
The bbc story was leaked by a leave mp - this suggests to me that 5billion is an underestimation and could easily double, after all why should they give us a better deal than Norway when they allow freedom of movement. And therd will be no rebate so not only the Nhs but also deprived regions e.g. Cornwall can kiss their £600m goodbye.
Every single large bank i know has a unit looking at plans including relocation where required to deal with brexit. The big americans banks seem to be the most vocal about the loss of 'passporting' and we seem set to adopt WTO tariffs by 2019 while Liam Fox brags about new trade deals with the aussies although the eu will put a mfr clause in their negotiations with australia.
There is no sign of turkey being allowed in but i reckon its up to the other 27 nations now as we are giving up our veto. So a lot depends on how generous they are feeling towards us and it doesnt sound like they are going to be, but either way it sure doesnt sound like taking back control to me

 

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View steeleye20's Profile steeleye20 Flag Croydon 14 Oct 16 4.11pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Just to cheer us all up - anyone know if brexit goes thru what happens to the Europpean Arrest Warrant?

 

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View Cucking Funt's Profile Cucking Funt Flag Clapham on the Back 14 Oct 16 6.43pm Send a Private Message to Cucking Funt Add Cucking Funt as a friend

Originally posted by steeleye20

Just to cheer us all up - anyone know if brexit goes thru what happens to the Europpean Arrest Warrant?

At a guess, I'd say the arrangements will remain unchanged.

 


Wife beating may be socially acceptable in Sheffield, but it is a different matter in Cheltenham

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View chris123's Profile chris123 Flag hove actually 14 Oct 16 6.55pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by steeleye20

Just to cheer us all up - anyone know if brexit goes thru what happens to the Europpean Arrest Warrant?

Didn't we opt out?

 

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View chris123's Profile chris123 Flag hove actually 14 Oct 16 7.20pm Send a Private Message to chris123 Add chris123 as a friend

Originally posted by steeleye20

Just to cheer us all up - anyone know if brexit goes thru what happens to the Europpean Arrest Warrant?

Didn't we opt out? Correction - we opted in.

 

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View Kermit8's Profile Kermit8 Flag Hevon 18 Oct 16 5.33pm Send a Private Message to Kermit8 Add Kermit8 as a friend

[Link]


Parliament are going to be able to have a say on the Brexit deal it appears. Some common sense at last and less of the emotive nonsense.

 


Big chest and massive boobs

[Link]


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View Wisbech Eagle's Profile Wisbech Eagle Online Flag Truro Cornwall 18 Oct 16 6.46pm Send a Private Message to Wisbech Eagle Add Wisbech Eagle as a friend

If they held the referendum again tomorrow does anyone believe that it would still be for us to leave?

I am forced to wonder if all the "hard talk" is just a softening up process which enables the government to be forced, screaming and protesting, into allowing some kind of reversal.

It always seemed probable that they would go that way. Mrs May's conversion seems less than convincing to me.

 


For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally.

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