Re: Post-Brexit Thread
 

Most of the growth in NHS requirements is due to an ageing population unfortunately, so even if we shut the doors right now it wouldn't make any difference to that the funding plans for the NHS for the rest of the Parliament are inadequate.

---------- Post added at 12:24 ---------- Previous post was at 12:22 ----------

Sadly at least initially the money won't be there. The funding plans for the NHS for the rest of the Parliament were based on growth figures that we're already undershooting and will undershoot further next year by all estimates.

There's also a ~£20 billion divorce payment that as of right now will be due on departure.

Presumably for those and other reasons the PM has been very clear that there are no plans for extra cash for the NHS for the duration of the Parliament over and above what's already been planned - which isn't enough.

EDIT: Note the 'divorce payment' isn't that high yet, however I'm working on the assumption that Sterling and the Euro will be at parity by the time it's due, which is obviously just an estimate based on past performance.

EDIT 2: Of course also noteworthy is that the £350 million a week figure was nonsense. The most recent figures, all in, are that it was about £125 million a week, still a non-trivial sum, and the loss of growth estimated alongside the fall in Sterling already seen wipes that out with interest on lost tax receipts and more expensive borrowing costs. Those borrowing costs are even with QE buying the gilts. When the BoE stops buying the government's debt this will rise further.

Re: Post-Brexit Thread
 

Can't you request they email them to you?

---------- Post added at 12:29 ---------- Previous post was at 12:25 ----------

Shocking, hints of Germany in the 1930s. :(

Re: Post-Brexit Thread
 

I've not heard of that facility but it would be a good thing ,the same for the letters that are sent to my doctors and me from the specialist ,i want a copy but it would be fine in email form and more convenient

Re: Post-Brexit Thread
 

No harm in asking and suggesting they do it for other patients.

Re: Post-Brexit Thread
 

I think that was planned before they completely cocked up the NHS IT programme. My own GP surgery operates entirely electronically with me, doesn't seem onerous to expect hospital trusts to be able to do the same.

I suppose one major problem is confirming receipt of an email alongside those who refuse to use computers though the receipt problem isn't insurmountable. Supplying a one-time link to confirm the appointment isn't that big of a deal.

Re: Post-Brexit Thread
 

I am absolutely sure the Prime Minister knows more about fiscal policy than you and can manage without your schoolboy solutions.

Or because they are democratic representatives representing the result of a domocratic vote to leave the EU. We are all leavers now.

In your opinion of course. I think the Government is doing fine. I wonder whether the majority of voters would agree with you or me?

Petulance appears to be your refuge when your embarrassing armchair critique fails to be revered in the manner you feel it deserves. Tut tut.

Re: Post-Brexit Thread
 

http://www.telegraph.co.uk/news/2016...an-to-exploit/

Who would've thought playing UKIP to the point where even a UKIP MEP thought you were going too far would have consequences?

I actually agree with papa smurf on something: given there isn't much to negotiate on let's get article 50 served. We won't need anywhere near the full two years, so can be an independent, fabulously wealthy nation with free trade agreements with the entire world on our own terms by this time next year.

Re: Post-Brexit Thread
 

its very good of you to let me know what my opinion is .

Re: Post-Brexit Thread
 

Keep your wits about you papa, he's grooming you :D.

Re: Post-Brexit Thread
 

I'm going out on a limb and say actually he does


And certainly more than boris Johnson

Re: Post-Brexit Thread
 

Thank you but I can't claim to be an expert, I just read things and don't ignore them because they don't fit with my own opinions. This puts me at odds with huge swathes of the Conservative party.

I appear to need to make this clear to a poster; when I said I had no intention of reading further output from you I did mean it.

https://www.cableforum.co.uk/images/...2016/10/18.png

---------- Post added at 21:12 ---------- Previous post was at 21:05 ----------

To be honest, though, I suspect Theresa May does know more about this stuff than me. She just doesn't care as she'd rather court the UKIP vote than serve the country or even obey the instruction of the British people.

Brexit means Brexit means whatever will win the Conservative Party the most votes, regardless of whether or not the nation has had second thoughts to the point where remain would win a referendum now some of the impacts have become clearer, or doesn't subscribe to the Conservative view that immigration is the red line.

The patriotic thing to do, as opposed to the Mail and Express's demands to just accept it all, is to react with anger and disgust at the government throwing the country under a bus to win votes. The cynical, careless politicking during the Conservative Party conference has utterly screwed up any chances of our finding a mutually beneficial deal with the European Union as we leave, and the bribery of Nissan is ridiculous given a major part of the case to leave was to take back control of our finances. Rather than giving money to the EU we're apparently going to be handing money directly to multinationals to bribe them into continuing to employ people. Is this supposed to be a better deal than remaining? Being held hostage by multinational corporations whose demands will never end?

A bunch of people voted with a 'soft Brexit' in mind. They are rapidly learning that they are going to be disappointed. Many more people voted because they believed the pile of BS that Boris Johnson and others sold them. They are increasingly learning that they are going to be disappointed. Post-Brexit people are having sunshine blown up their hindmost by David Davis, and while he and others say one thing the actions of the government show beyond any shadow of a doubt that they are lying.

I have absolutely no interest in stopping Brexit. If it works out well I will be delighted and we'll all win. If it goes completely pear shaped UKIP will be devastated, the Conservative Party will take a pounding and the UK may actually learn some humility and stop believing the jingoistic nonsense the Mail, Express and Three Brexiteers feed us.

We're a great country, one with an amazing history, a compassionate nature, a strong sense of moral justice and an enviable national identity. We are way better than the Britain portrayed recently and I very much hope we prove it.

Re: Post-Brexit Thread
 

Ignitionnet knows his stuff but by choosing Johnson you have set the bar rather low.

Re: Post-Brexit Thread
 

I'm an IT guy, but I have the Internet and use a variety of sources some of which don't agree with me therefore can research things.

I very much stand on the shoulders of giants.

I have had a crash course in fiscal and monetary policy over the past months, mind.

Perhaps I should start posting full citations with every post? ;)

Re: Post-Brexit Thread
 

I wouldn't, we don't like experts anymore

Re: Post-Brexit Thread
 

I was never interested in being popular anyway.

Re: Post-Brexit Thread
 

Unlike Mrs May. In that case cite away.

Re: Post-Brexit Thread
 

What a surprise.

http://news.sky.com/story/boris-john...ealed-10619546

What a piece of excrement.

---------- Post added at 22:23 ---------- Previous post was at 22:22 ----------

Duly will, see above.

---------- Post added at 23:14 ---------- Previous post was at 22:23 ----------

https://youtu.be/jQjrdp8ZtgQ?t=339

Re: Post-Brexit Thread
 

Touching that you still believe ... please post back in 2.5 years when the Government spends the EU money on the NHS ... just to remind us on how you weren't lied to?

Re: Post-Brexit Thread
 

Oh please, Ignitionnet is a Google plagiariser and, despite his protestations about ignoring posts his use of paraphrasing gives him away:

;)

Re: Post-Brexit Thread
 

I was merely pointing out that you were saying the government were failing to put the money the promised from Brexit into the NHS, and that there is no money from Brexit yet as we haven't left yet and won't for at least 2 years.

So to have a go at the government for their post Brexit spending promises now is a bit premature.

Re: Post-Brexit Thread
 

Theresa May will probably get a good Brexit deal, but nobody can say so

There is no way that the Prime Minister could contemplate doing something as stupid as setting out in Parliament what she hopes to obtain in Brexit negotiations

http://www.independent.co.uk/voices/...-a7363026.html

Re: Post-Brexit Thread
 

I don't recall anyone saying the whole figure that gets paid to the EU will all go to the NHS.

https://www.cableforum.co.uk/images/...2016/10/14.jpg


I take from that statement on the bus the NHS is where we could be sending it, most are aware its much more complex than taking money from A and giving it to B. I never saw it as a problem then and I still don't see it as a problem now. Once we have untangled ourselves from the EU mess in around 5 years I don't doubt the NHS could possibly benefit from all this.

Re: Post-Brexit Thread
 

True - the specific pledge was £100 million a week...

http://www.independent.co.uk/news/uk...-a7105246.html

However, the implication was that all the money would be available...

And on the Leave campaign posters, it said “Let’s give our NHS the £350 million the EU takes every week.” - pretty unequivocal...

http://www.huffingtonpost.co.uk/entr...b0d2571149c4d1

http://www.cableforum.co.uk/board/at...5&d=1476609435

Re: Post-Brexit Thread
 

Don't panic everyone CLEGG turned up on Andrew Marr to save us all.

Re: Post-Brexit Thread
 

i was shocked to hear his family holiday to Spain had increased in price and lets not get started on the price of texting .

its still cheap here in Cleethorpes book early

Re: Post-Brexit Thread
 

Seeing his mug again served only to remind how bad things were. I hope he shows up more:)

Re: Post-Brexit Thread
 

Much ado about nothing

Re: Post-Brexit Thread
 

Good to know even MPs tweet when they really shouldn't :)

https://www.cableforum.co.uk/images/...2016/10/17.png

The honourable member for Peterborough doing his bit for national unity. To be fair to him his constituency was heavily leave, so probably playing up to the home audience somewhat.

This is quite interesting and may be part of why he was so upset.

Re: Post-Brexit Thread
 

:tu:

Re: Post-Brexit Thread
 

I don't think The Economist has many subscribers of the type likely to boycott the magazine for a lack of patriotism. Hysterical knee-jerk popularism is not really their thing.

Re: Post-Brexit Thread
 

The only thing that can save us is if May listens to the electorate. The country wants her to choose a good EU trade deal over immigration cuts. http://www.standard.co.uk/news/uk/br...-a3370246.html

However, time is not on her side - something of her own making - so she may be tempted to shaft the country and take the easy option of a hard Brexit.
https://www.ft.com/content/ec35e07a-...6-2946058d1122
http://www.telegraph.co.uk/news/2016...an-to-exploit/

Re: Post-Brexit Thread
 

isn't that what the loosing side wants ie remoaners

Re: Post-Brexit Thread
 

Indeed not. If they wanted to go for popularism they would join in the rhetoric from the Mail and Express.

---------- Post added at 14:53 ---------- Previous post was at 14:50 ----------

I don't think there is any option other than a full, and fast, Brexit. As I said before there is no need for much negotiation as there's little to negotiate over. May and company have made their position quite clear, it would be extremely politically difficult for them to back down from that.

At very least it will provide some clarity for businesses so that they can join Nissan and JLR in holding up the taxpayer for subsidies.

Re: Post-Brexit Thread
 

You need to move on from 24 June and focus on what the country as a whole wants. The British Governments should be taking the views of everyone in the country and the majority want her to focus on a great trade deal and not immigration.

Re: Post-Brexit Thread
 

Good riddance to Carney. Maybe he could be the new England manager as he's been great at moving goalposts during his tenure and the team could clearly do with a bit of that...

Re: Post-Brexit Thread
 

What's Carney done that's so bad? I am not an expert on monetary policy but amongst people that are, at least who I have read, the reaction was positive. I was impressed with him in the aftermath of Brexit though as he was the only one who seemed to have a plan and the BoE stopped the immediate panic that hit after that vote.

It seems as the only person who seems to have a clue as to what they're doing he should be the next to go.

There are also rumours Philip Hammond might not be in his role for too long as he wants to keep Carney and wants to keep the single market option open.

Re: Post-Brexit Thread
 

I agree.

Carney got interest rate predictions consistently wrong, he pokes his nose into politics, he feels the Prime Minister can't tell him what to do, he was George Osbourne's mouthpiece, he contributed to Project Fear and he is not up to the job.

Re: Post-Brexit Thread
 

He forgot what he was supposed to be doing IMHO and jumped on the project fear band wagon.

Germany warns hard Brexit will damage UK car industry
 

https://www.ft.com/content/e801b67a-...8-d3778b55a923

---------- Post added at 17:21 ---------- Previous post was at 17:12 ----------

I think you may have missed the events of 6 May 1997. Here's a reminder!

"The Chancellor, Gordon Brown, has given the Bank of England independence from political control. His surprise announcement - coming only four days after Labour's landslide election win - is being described as the most radical shake-up in the bank's 300-year history."
http://news.bbc.co.uk/onthisday/hi/d...00/3806313.stm

Re: Germany warns hard Brexit will damage UK car industry
 

Not at all. I remember well that 19 years ago a Labour Prime Minister disassociated himself from changing interest rates to alleviate the Labour Government from potential negativity. That was Labour. That was 19 years ago. Things change.

Re: Germany warns hard Brexit will damage UK car industry
 

The Bank of England is still independent. Nothing has changed.

Re: Germany warns hard Brexit will damage UK car industry
 

No they haven't,you are completely wrong ,the Prime Minister is not allowed to influence the BofE at all ,it is independent from government

---------- Post added at 18:28 ---------- Previous post was at 18:09 ----------

I've been looking at at that poll and it strikes me that the result isn't as clear cut as the media is making out .

The questions where asked in pairs not as a whole ,for example i could ask

"should the government prioritise reducing immigration or prioritise getting a good trade deal when negotiating Brexit"

that question would give the result you and the media are reporting,however the question wasn't a single question it was a 2 part question ,one part dealing with immigration and the other part dealing with trade and then asking to choose which one best suits your view


I don't think it's the same as asking "which would you prefer"

Re: Germany warns hard Brexit will damage UK car industry
 

Indeed. With all the resources available on the internet, it's sad that people do not check the fundamentals before posting.

An interesting and well-argued point. I'm not a pollster so I can't say but I would be interested to hear from someone who is.

Re: Germany warns hard Brexit will damage UK car industry
 

Maybe the question is designed like that to give a more accurate result ,i don't know but yes it would be interesting to find out why it was put like that after all polling companies invest vast amounts of money looking at how to ask questions so as not to influence the answer

Re: Germany warns hard Brexit will damage UK car industry
 

So let me get this right. The automotive industry will /may relocate to Eastern Europe due to lower production costs and this will affect Brexit because...

Brexit or no Brexit it will still happen.

UK looks at paying billions into EU budget after Brexit
 

Re: UK looks at paying billions into EU budget after Brexit
 

Is that even possible ? what would the rest of the EU members say to the UK buying back privelidge

---------- Post added at 20:59 ---------- Previous post was at 20:55 ----------

Didn't Ford do it a few years back with the Transit production and to be honest Nissan have been threatening to cut production OR cast doubt on future investment for some years now,long before brexit

Re: UK looks at paying billions into EU budget after Brexit
 

We just don't know. I think Norway and Switzerland do something similar. They get a worse deal than member states do as they have to implement equivalent legislation, fund the EU but, have freedom of movement but don't get a chance to influence legislation.
I could see such a deal being attractive to net budget contributors like Germany and France as this would go some way to making up EU contributions when the UK leaves. We may even end up contributing more than we do at the moment.

---------- Post added at 21:14 ---------- Previous post was at 21:07 ----------

Ford has ended all vehicle production in the UK, it just manufactures engines and does design and engineering work here.
The issue with downsizing by a Japanese manufacturer is that they are relatively new operations whereas Ford's factories were a lot older. Ford Dagenham opened in 1931, Southampton in 1939.

Re: Post-Brexit Thread
 

I said things change not things have changed. And I was referring to the current incumbent, whom I think is appointed by the Government, not the status of the bank. Geddit?:sleep:

Re: Post-Brexit Thread
 

:confused: So why did you state that "he feels the Prime Minister can't tell him what to do." knowing that the Bank of England is still independent and the PM can't tell Carney what to do?

Re: Post-Brexit Thread
 

Dear Lord, don't be tiresome there's a good boy. Do you think that the Government might tell him to go?

Re: Post-Brexit Thread
 

They can and probably will.

However a lot of the possible replacements aren't going to take a job which is notionally independent but subject to government interference. If Carney goes because he won't play ball then others will be reluctant too.

Re: Post-Brexit Thread
 

It was a simple question I asked, it's regrettable that you found it too tiring to answer it.

Re: Post-Brexit Thread
 

Tbh a simple extrapolation would have provided your answer for you and you ninja edited your post. :nono:

Re: Post-Brexit Thread
 

I just don't know why you won't give me a straight answer to a straight question and be done with me.;)

Re: Post-Brexit Thread
 

Well this might have a positive effect on the markets tomorrow:

https://www.ft.com/content/a8ec5e90-...c-bdf38d484582

Irish leaders fear Brexit will bring economic disaster
 

Re: Post-Brexit Thread
 

Sigh. Damien has already spelt it out for you:

If the Government tell Mr Carney to go, they are telling him what to do. That's as clear as I can be.

Re: Post-Brexit Thread
 

So do you really think Dr Carney should ignore his own job description and second-guess what the PM wants instead? I think people at his level are made of stronger stuff than that.

What I think some Brexiters object to is his openness. This was picked up during his job interview and seen then as a positive.
Source: House of Commons Treasury Committee Appointment of Dr Mark Carney as Governor of the Bank of England HC 944 Published on 19 April 2013

Re: Post-Brexit Thread
 

No, I don't, but nor is it wise of him to make public statements of an unnecessarily adversarial nature.

The BoE is independent but he was pro-remain; he stepped over the line and into politics. It was not simply openness, it was bias.

Re: Post-Brexit Thread
 

Time for pigmy Clegg and the moaners to grow up

Like the rest of the embittered moaners in the Remain camp, he cannot believe that on June 23 people knew exactly what they were voting for and did so with glad hearts, despite the lies of a snobbish metropolitan elite.


http://www.express.co.uk/comment/exp...Ps-vote-Brexit

Re: Post-Brexit Thread
 

Quite right, why should we let facts and reality get in the way of a mature debate. Thank god for the daily express that keeps the focus on those pesky swarm of foreigners.

Dammit I want British fruit and veg all year round picked by British hands served on a British plate using cutlery forged with British steel no mater what the cost is

P.s love the hypocrisy "How dare Clegg heap disdain on the 17 million who stood up for Britain’s interests and voted for Brexit. His argument is so juvenile he even invents a word for them – in “brenial”" - says the section that invented remoaners

Re: Post-Brexit Thread
 

I think this might be interest to some on here: https://petition.parliament.uk/petitions/168882

:D

Re: Post-Brexit Thread
 

l am certainly not embittered old boy as l did not vote for Brexit and l ain't from from some imaginary snobbish metropoiltan elite as l was born in the worse area of our fair city so put that in your put that in your pipe and smoke it this morning :devsmoke::p: as we are where we are and that is it as far as l am concerned.

Re: Post-Brexit Thread
 

As produced and shared by a Tory Councillor in Guildford.

https://www.cableforum.co.uk/images/...2016/10/16.png

---------- Post added at 09:46 ---------- Previous post was at 09:45 ----------

Not right now. Offset by the news regarding Hammond being sidelined in meetings and his position in jeopardy for acting like a Chancellor / finance minister rather than a minister for Brexit propaganda.

---------- Post added at 09:49 ---------- Previous post was at 09:46 ----------

That quote is funny. A bunch of people clearly had no idea what they were voting for. They either expected others to pay the price or thought the cost to them would be extremely small.

That this doesn't look like being the case is why the Express, Mail and other media outlets along with politicians at various levels are turning up the propaganda dial to 11, and why they attack those with influence who mention it.

https://www.cableforum.co.uk/images/...2016/10/12.jpg

https://www.cableforum.co.uk/images/...2016/10/13.jpg

This fascistic crap is getting really, really scary now. There are always going to be some nutters on councils but when they are being egged on by national newspapers and politicians are leaning on 'independent' experts for being 'off message' it's pretty alarming. I don't think politics has stooped this low in my lifetime.

Re: Post-Brexit Thread
 

Theresa May stated that there were “bad side effects” from the Bank of England’s loose monetary policy. A clear case of a born-again Brexiter wanting her cake and eating it as well. Fortunately, Dr Carney's reaction to this criticism was quite modest, restrained and non-adversarial, "it can be difficult sometimes if there are political comments on our policies”.
He continues to comment on the economy as that's one reason why he was chosen for the post. If you expect him to sugar-coat every item of economic news or kick bad news under the carpet then he's not your man.

---------- Post added at 10:23 ---------- Previous post was at 10:15 ----------

Can you explain what the 51.9% were voting for? How much immigration was it for? How much budget contribution to the EU was it for? How much free trade with the EU was it for? How much increased weekly contribution to the NHS?

Re: Post-Brexit Thread
 

No he's not :rolleyes:. For full Groundhog Day repetition of the story so far start here.

Re: Post-Brexit Thread
 

The fact that you now acknowledge the Bank is required to operate independently, you now title Mark Carney correctly as Dr and not Mr but we disagree on the fact that he comments on issues is all progress in my book.
Trying to find a replacement who is pro-Brexit yet knows his monetary policy is a task that is probably harder than the Brexit negotiations!

Re: Post-Brexit Thread
 

There are so many odd-ball Councillors around. Everyone focuses on MPs and their expenses but local councils are full of stories that no one knows about. Fact finding trips to exotic places, internal politics akin to that you would find in school playgrounds, criminal offenses or Councillors trying to use the powers inexplicably given to them to prosecute/intimidate/bully anyone who questions them or anyone they've simply taken a dislike too.

One read of Private Eye makes you seriously question localism and devolving power to local areas.

Re: Post-Brexit Thread
 

Always did :erm:

Do I? :erm:

What is it like in airy-fairy land?

In your opinion. Shouldn't you be managing domains or websites or something useful?

Re: Post-Brexit Thread
 

You'll have to let him see what the Express or possibly Mail if feeling especially highbrow have to say about it.

If the budget contribution they had in mind was zero if this story is true they're going to be disappointed by the government's aims.

If it was loads more cash to spend at home that alongside the car manufactures getting concessions to keep their plants here they are again likely to be disappointed.

So, if this is true, in return for 'taking back control' the government wants to subsidise Nissan, Jaguar Land Rover, and other car manufacturers, along with paying into the EU budget to preserve our access to the Single Market for financial services.

With being in the Single Market for financial services will also almost certainly come recognising the ECJ's competence for some things. Not as many as now, but still there. That or we go to the expense of setting up a bespoke arrangement, entirely at our cost.

That's just what we have heard about so far. I presume there'll be more to come as other industries do the obvious and pursue such deals for themselves to offset impacts from Brexit.

Looks like a great deal to me. :dunce:

Priti Patel babbled about how discussing Brexit terms in Parliament would be like showing your hand in a game of high-stakes poker. Looks to me like the EU already knows our hand, it's not particularly good, and is getting progressively weaker as, despite the ever-intensifying propaganda, economic reality refuses to go away.

I'm hugely biased, of course, but with each and every mention of costly concessions being made in order to protect our economy this whole thing seems more and more ideological and less and less about what's best for the country.

---------- Post added at 12:03 ---------- Previous post was at 12:01 ----------

Here's a fine piece of self-delusion from the intellectual powerhouse that was the Euro-sceptic's choice to be our Prime Minister.

This is from June this year.

https://www.cableforum.co.uk/images/...2016/10/11.jpg

To be fair the Treasury also got it wrong. Their worst-case scenario, premised around immediate serving of Article 50, foresaw a drop in Sterling of 15%. It's at 17% for right now.

---------- Post added at 12:12 ---------- Previous post was at 12:03 ----------

Talking of the Mail this was in the Mail on Sunday.

Pants, but inevitable.

Re: Post-Brexit Thread
 

The 52% voted to leave the EU.

Now, in real terms leaving the EU and everything associated with it. Including the Single Market.

Anyone that says they didn't know what they were voting for are stupid and if they've had a change of mind then tough.

Ignorance is no excuse or a defence. You should avail yourself of the facts before you make a decision.

We should exit the EU and then negotiate our relationship.

Re: Post-Brexit Thread
 

Facts were in short supply during the campaigns and experts were dismissed irrelevant, I for one could have easily jumped ship to brexit if only some of these facts had been forthcoming. It seemed to me being in Europe got the blame for a load of stuff that other things were responsible for, a close friend voted out due to him never being able to get a doctor's appointment, post vote I asked him to inquire with the surgery why patients now have to phone in on the day to book an appointment and it was nothing to do with immigrants, to many people were booking in advance and not turning up and I actually heard one woman on the radio who bragged about her qualifications and how she'd worked for the EU but was entirely ignorant of European elections for instance.

Re: Post-Brexit Thread
 

'The Euro is FINISHED' Currency's creator says it will soon COLLAPSE and destroy the EU


In an explosive intervention professor Otmar Issing predicted that Brussels' dream of a European superstate will finally be buried amongst the rubble of the crumbling single currency he designed.

The respected economist launched a withering attack on eurocrats and German leader Angela Merkel, accusing them of betraying the principles of the euro and demonstrating scandalous incompetence over its management.

http://www.express.co.uk/news/politi...y-Otmar-Issing

Re: Post-Brexit Thread
 

All of a sudden you like experts

Re: Post-Brexit Thread
 

i wasn't aware i disliked anyone and i only posted a news article i never proclaimed my feelings for the man .

Re: Post-Brexit Thread
 

Don't panic papa, someone will be along soon to tell us why this bloke has got it all wrong. There will be a short interlude for googling and assembly of relevant graphs/statistics but the euro will be saved....zzzzzzzz:sleep:

Re: Post-Brexit Thread
 

yes googling while standing on the backs of giants will probably save the day

Re: Post-Brexit Thread
 

Good news for you - you have to exit the EU before negotiating your new relationship with it.

The trouble is Brexit means different things to different people, and your view will differ significantly from the next person's. Just because their views are different from yours doesn't nake them stupid. In the same way, remainers all feel differently about the EU - some wanted us to join the euro, others wanted us to have looser ties.

Re: Post-Brexit Thread
 

Hold on a mo ,i'm probably the most rabid brexiter on the forum with the most simplistic idea of how it should be done and even i think that's just plain backwards .:dozey:

Re: Post-Brexit Thread
 

Please give me the benefit of your teachings wise one.

Maybe I didn't put it across well.

our starting position should be a complete exit of everything EU.

And then negotiate our new relationship taking into account our wants and aims and their wants and aims.

But laying out that if it is a complete break we end up with, so be it, we won't be bullied or coerced into a poor deal.

If we get into a negotiation practically begging to be in the single market we have nothing.

Re: Post-Brexit Thread
 

A couple of articles from the well known pro-EU Telegraph and two well-known pro-EU commentators, Ambrose Evans-Pritchard and Jeremy Warner.

http://www.telegraph.co.uk/business/...een-verdict-a/

There goes one of John Redwood's points he used to gloat after the referendum result.

Beware, a long period of belt-tightening is in prospect

Looks as though the Telegraph has joined in talking the country down now. Hang them all for treason.

Re: Post-Brexit Thread
 

The 350 million was admittedly a campaign pledge but the £3500 was,iirc, touted as a fact......but anyway, you get the idea. :)

---------- Post added at 11:11 ---------- Previous post was at 11:08 ----------

I agree

Re: Post-Brexit Thread
 

More like they are waking up to the reality of the economic gloom ahead. Pound devalued, inflation starting to kick off, UK's credit worthiness questioned, firms starting to look to other countries to relocate.

That 'dodgy' anti-Brexit dossier might have had something in it after all.

Got to make the best of it, but we've made an incredibly stupid decision for all the wrong reasons.

Re: Post-Brexit Thread
 

No we have not - utter Bollocks.

---------- Post added at 12:15 ---------- Previous post was at 12:11 ----------

Agreed also, some people are just so blind when it comes to the EU, they cannot see the corrupt entity that is the EU and heaven knows why people want to be associated with that mess they call they EU, is beyond me.

The sooner we leave the bloody better.

Re: Post-Brexit Thread
 

Having a bad day Michael ? ;) Cheer up, it could be worse, Trump could be running for PM - his next strategy I should think.

I think many Brexiters are blind to the oncoming economic crisis and are having to justify their decision, if only to themselves. The EU has faults, however the advantages of membership will become apparent to many over the next few years, too late of course.

Re: Post-Brexit Thread
 

I'm not blind to the probable economic problems we'll be having but they are worth it to be shot of the EU. Self determination as a country is more important than a temporary economic downturn.
There is more to life than money!

Re: Post-Brexit Thread
 

Me too. I can understand why people might well be wedded to a certain idea of what the EU could/should have been but Eurocrats are clearly not for turning...

Anyway the good news for those who're truly convinced that the UK is on the verge of becoming a third world country and the EU is so obviously the place to be, they still have time to pack up and head off over there. What's to lose after all? The way some folks are talking, I'm just surprised that there doesn't seem to have been a mass exodus already... ;)

Re: Post-Brexit Thread
 

But money can buy so many of those things! Such as donuts, beer and more donuts still. :shocked:

Re: Post-Brexit Thread
 

As with too many other times where there is a down turn there are leaches who sell short and hope for things to get worse. I've worked in companies that hit a hard patch and these low life come out boasting about how well they will do when the company collapses and they have to buy their short sold stock for a pittance. No thought of people losing their jobs and livelihoods.

Seems same is applying here. There are those "betting" on a sterling collapse and almost ensuring it's self fulfilling. And the brokers win whatever happens.

And in this country we have doughnuts.

Re: Post-Brexit Thread
 

For now.....:erm:

Incidentally the markets work the other way too. If sterling is too low then you'll make a ton buying it before it corrects itself. This isn't short selling but a lack of faith, justified or not, in the currency which is either temporary or not.

Re: Post-Brexit Thread
 

I have no problem in people "betting" on things doing well. Buying shares or whatever because you want them to appreciate. That's doing what it was intended to do, providing capital to allow something to be developed/marketed/grow and getting rewarded for it with dividends and increased value to holdings. I object to the opposite.

Re: Post-Brexit Thread
 

By the way that court case on Article 50 isn't look as good for the government as expected. Losing it seems to be a real possibility at the moment.

Re: Post-Brexit Thread
 

Don't get your hopes up too quickly - Government will still find a way to execute Article 50 regardless of that stupid Court case.

Re: Post-Brexit Thread
 

Article 50 will still be executed either way. The politics of it make it impossible for MPs to block it without massive consequences. It's just interesting if it's the Government or Parliament that has the authority to issue it.

Re: Post-Brexit Thread
 

It isn't betting on Sterling being weak that's dragged it down. There is capital flight, investors see the UK as a materially worse place to put their money, and Sterling seems to be losing its status as a world reserve currency. This is largely at least due to the Brexit vote and the position adopted by the government.

https://www.cableforum.co.uk/images/local/2016/10/7.jpg

Can you blame someone who invested in UK debt via US Dollars for pulling their money with this kind of performance?

https://www.cableforum.co.uk/images/local/2016/10/8.jpg

Without that status we're left on our own in the big wide world, we can no longer depend on the 'kindness of strangers' to finance our deficits.

Regarding today's inflation report, we are certainly due an inflation spike due to Brexit but if it's influenced this month's results it's the very early stages.

Finance houses are increasingly activating contingency plans. What effects these will have on jobs and taxes in the UK is unclear.

All may end well but for now and for the foreseeable the UK's economic position is materially worse as a result of the vote. That's a simple statement of fact. Some people were prepared for this and accept it as the price to pay for getting what they consider sovereignty back, the majority of the country however have no interest in becoming poorer due to this. 48.1% of them didn't want it anyway, another couple of % have now changed their minds, and of those that still would vote leave at least a quarter did so thinking it wouldn't affect them financially, and were wrong. Those who are not of pensionable age and on welfare, a group that voted heavily leave, will see the welfare freeze impact them more this year and even more next as it won't come close to keeping up with inflation, as will those on in-work welfare, another group that voted overwhelmingly to leave.

https://www.cableforum.co.uk/images/local/2016/10/9.jpg

Re: Post-Brexit Thread
 

Easy to say when you've got lots of it, not quite so easy for those already struggling still it's what we voted for and perhaps that was what was meant by taking back control of the decision making, the peasants can decide whether to eat or heat their homes

Re: Post-Brexit Thread
 

Might be some good news, at least for those on the flight paths. Looks like further airport expansion after an additional runway for Heathrow or Gatwick might not be necessary after all.



---------- Post added at 20:59 ---------- Previous post was at 20:56 ----------

The above is just another of the impacts from a complete exit of everything EU.

I have no idea why the EU would be in any way bothered by that course of events; Schipol, CDG, Frankfurt and others would be quite happy to take the fees from transit travellers.

Re: Post-Brexit Thread
 

The airport decision being delayed again is pathetic. It really gets down to the actual problems this country has which is the constant inertia when it comes to any infrastructure development. Nuclear power plants take decades, railways decades, runways decades. Most of the time spent with successive governments delaying the decision as long as possible and then more so. They keep wanting to build more homes but never do. They could just allow local authorities to build and sell affording housing but as so ideologically opposed they would rather sit on their hands for years trying to find a way to build houses without looking like the state is involved.

Whole thing is a mess.

Generations before us wondered if their government would get a man on the moon in their lifetime, we get the 3rd runway instead.

Re: Post-Brexit Thread
 

You're not wrong Damien it's a joke.