Cable Forum - Brexit (Old)

In a research note to clients dated January 3, HSBC analyst David McCarthy and his team wrote, "It is widely believed that 50% of food is imported into the UK," he wrote. Among Conservative party members, 76% believe warnings about a no-deal Brexit are "exaggerated or invented, and in reality leaving without a deal would not cause serious disruption," according to a recent YouGov poll.

The 50% statistic underrepresents the reality, McCarthy says. In reality, "80% of food is imported into the UK," he wrote. The lower number "defines food processed in the UK as UK food, even though the ingredients may have been imported. For example, tea is processed in the UK, but we grow no tea — it is all imported. When ingredients are counted as imported, the real figure is over 80%."

Food shortages would happen within days of Britain's current customs arrangements becoming defunct. "As one ex CEO said at our Chairman's Conference in November: 'Carrots for sale in the supermarket on Thursday were in the ground in Spain on Monday,'

Carrots will stay fresh if you keep them chilled, of course. But the UK's frozen food storage capacity is already 100% used, according to various press reports. "In preparation for a worst-case scenario, retailers and suppliers have been stockpiling in the UK and press reports have highlighted that there is now no unused frozen food capacity in the UK," HSBC says.

Mick	07-01-2019 22:43

Re: Brexit

Quote:

Originally Posted by jfman (Post 35978247)

Surely in fighting and dying for freedom that includes the freedom to change their minds.

Being stuck to an ideologically driven and economically damaging because at one point in time and in the absence of facts a decision was made once sounds like exactly the kind of fascism we fought against. The Nazis won an election in 1933, after all.

Godwin's law strikes again... FFS give it a rest. :zzz: :rolleyes:

There is no evidence of anyone changing their minds, polls do not cut it I am afraid.

jfman

07-01-2019 22:46

Re: Brexit

Quote:

Originally Posted by Mick (Post 35978250)

Godwin's law strikes again... FFS give it a rest. :zzz: :rolleyes:

There is no evidence of anyone changing their minds, polls do not cut it I am afraid.

So how do you propose establishing whether people have changed their mind or not? Second referendum?

Or are you wanting to dictate to people that they can't change their mind?

Mick	07-01-2019 22:51

Re: Brexit

Quote:

Originally Posted by jfman (Post 35978252)

So how do you propose establishing whether people have changed their mind or not? Second referendum?

Or are you wanting to dictate to people that they can't change their mind?

WTF are you on about?

There is no pre-requisite to establishing anything, nothing needs to be established, people already decided in 2016!!!! :dozey:

You're the one wanting people to have changed their minds because YOU don't like the result of the first - we had a vote, only one vote is necessary, we do not keep having the same bloody vote again and again.

People chose to leave the EU, so leave the EU we must.

jfman

07-01-2019 22:53

Re: Brexit

That's fine, so we go back to what I said above.

Being stuck to an ideologically driven and economically damaging because at one point in time and in the absence of facts a decision was made once sounds like exactly the kind of fascism we fought against.

pip08456

07-01-2019 22:58

Re: Brexit

Quote:

Originally Posted by Hugh (Post 35978249)

From post #5848

I didn't know the EU had a trade deal with Kenya? Where did that one come from.

I'm sure the UK could make one reasonably quickly to secure the continued benefit of their tea industry. Possibly the same with India perhaps to a lesser extent.

It's amazing how remainers keep going on about the EU being the better trading block without considering how much the UK currently imports from outside of the EU and did so before membership.

Tea is a classic example of that ( we are the "nation of tea drinkers").

I may have to stockpile coffee though, but beer's always an alternative.

https://www.statista.com/chart/13062...tea-come-from/

Mick	07-01-2019 23:02

Re: Brexit

Quote:

Originally Posted by jfman (Post 35978254)

No we do not go back to what you said above because I do not believe Brexit is Economically damaging, that's a Remainer fantasy and ideology, not mine!!! :dozey:

---------- Post added at 22:02 ---------- Previous post was at 21:58 ----------

Quote:

Originally Posted by pip08456 (Post 35978256)

It's also amazing that they keep skipping over the issue that 90% of the growth in world trade will be outside of the EU.... yet somehow, for some bizarre reason, they want us stuck in a 10% bubble with a corrupted and cancerous entity that does nothing but hinder us and has done for decades. :rolleyes:

jfman

07-01-2019 23:06

Re: Brexit

If leaving the EU was economically a good idea the Conservatives would have an agreed position - however they don’t. Politicians have a survival instinct where they don’t want to lose elections and they know the damage will leave them all fighting for their political lives.

1andrew1

07-01-2019 23:10

Re: Brexit

Hope everyone's enjoying The Uncivil War on Channel 4 right now.

In the meantime, the pro-Brexit Daily Telegraph has an interesting exclusive that will dismay leavers.

Quote:

British and European officials are discussing the possibility of extending Article 50 amid fears a Brexit deal will not be completed by March 29, the Telegraph can reveal.
Three separate EU sources confirmed that UK officials had been “putting out feelers” and “testing the waters” on an Article 50 extension, even as the Government said it had no intention of asking to extend the negotiating period.

https://www.telegraph.co.uk/politics...sion-discreet/

Mick	07-01-2019 23:18

Re: Brexit

Quote:

Originally Posted by 1andrew1 (Post 35978261)

Hope everyone's enjoying The Uncivil War on Channel 4 right now.

In the meantime, the pro-Brexit Daily Telegraph has an interesting exclusive that will dismay leavers.

https://www.telegraph.co.uk/politics...sion-discreet/

Nope didn't watch it...

Nope don't feel dismayed - Clock is still ticking down..... ;)

pip08456

07-01-2019 23:19

Re: Brexit

Quote:

Originally Posted by 1andrew1 (Post 35978261)

The EU have already said that there will be no change on the withdrawal agreement on offer.

I just wish people would not refer to it as a deal, it is not, never has and never will be.

The sticking point is the backstop agreement. Unless the EU give assurances on it being a fixed term then there is no chance of passing in Parliament.

The EU have been consistant on if the withdrawal agreement is not accepted the there will be no talks on a DEAL!

jfman

07-01-2019 23:20

Re: Brexit

If Theresa May rules something out I’d head down to the bookies and stick my mortgage on it.

As sure fire as shorting the pound on the 23rd June 2016 after 10pm using privately commissioned exit poll data.

1andrew1

07-01-2019 23:27

Re: Brexit

Quote:

Originally Posted by Mick (Post 35978262)

Nope didn't watch it...

Nope don't feel dismayed - Clock is still ticking down..... ;)

It's still on now and obvs on catch-up if you feel inclined.
The clock may need some new batteries. ;)

pip08456

08-01-2019 00:12

Re: Brexit

Quote:

Originally Posted by jfman (Post 35978265)

Go and do it then.

1andrew1

08-01-2019 00:22

Re: Brexit

Quote:

Originally Posted by jfman (Post 35978265)

As sure fire as shorting the pound on the 23rd June 2016 after 10pm using privately commissioned exit poll data.

There was nothing wrong in commissioning poll data and using it to short the Pound.
What strikes me as strange was Farage conceding defeat in the knowledge that his private polls said leave would win.

All times are GMT +1. The time now is 21:50.

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