Re: Post-Brexit Thread
 

I think the reaction of the markets suggest they expect the Government to screw over the Leave voters. Either a Norway deal or some other fudge. The (sensible) decision not to invoke Article 50 creates an interest dilemma now of if we invoke it if the terms of any deal become clear.

Let's say no Norway option. It's 'hard Brexit'. Does May invoke Article 50?

Re: Post-Brexit Thread
 

Correct and we won't be losing them to Paris or Frankfurt.

I'm more than aware that fat cats like Fred the Shred and high flying dealers aren't the bulk of the banking industry, they're just the easily lambasted tip of the iceberg. My late wife worked in the back office for a number of top City firms for a good many years and so did I in another incarnation.

Re: Post-Brexit Thread
 

I didn't mean to patronise. It's just that I think a lot of people think that banking is just multi millionaire bankers and counter staff. It's not. There are a lot of skilled people involved.

Re: Post-Brexit Thread
 

They do and there are. ;)

Re: Post-Brexit Thread
 

I think that's what has got my goat more than anything. I'm hardly a rabid remainer in fact my main reason for staying in was simply that it was to much effort and pain to leave, 10 years ago on the other hand and I was very much in leaves camp, then the damage hadn't all ready been done, anyway back to my goat having been got, I think this referendum campaign is possibly the worst display I've ever seen from our politicians, even worse than new labour new danger, it was the worse kind of lies, fear mongering and pure ignorance I've ever seen displayed. How anyone could be pleased or proud to have been part of either campaign is beyond me and sadly this could well be the politics of the future, I'd rather go back to punch and Judy.

You might be right about the poll, however if rbs follow through with their plans for charging negative interest on accounts it might even go up higher though especially if others follow suit

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My other half for one worked for all the major city banks and institutions without making millions, sadly for me

Re: Post-Brexit Thread
 

I fully agree with you The Daddy the entire campaign from both sides was absolutely pathetic threats on one side lies and misinformation on the other and both indulging in scare mongering giving those who were truly undecided very little to help them make an informed choice. I tried much as I could to avoid either campaign for the last two months of it and my belief from before any of it started determined my vote as I think it did for many. It was not a high point of our politics and if there is any plus to come out of it surely things can only improve because god help us all if they get worse.

Re: Post-Brexit Thread
 

http://www.bbc.co.uk/news/business-36903164

Hmmmmmmmmmmmmmmmmmmmmm.

Re: Post-Brexit Thread
 

couple of good points there. Not convinced with the Norwegian model though. They still have freedom of movement though they have the break and the whole point is to ditch FoM.

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All good news but the next 2 quarters will be the tell .Maybe May should build on that confidence and signal an end to austerity measures.

Re: Post-Brexit Thread
 

I think you're right, maybe not as blunt as that, but she or Hammond should start drip feeding good news to keep things ticking.

Re: Post-Brexit Thread
 

More good news...

https://www.theguardian.com/business...-growth-figure

Re: Post-Brexit Thread
 

I actually don't think we really need the single market. We can sell our services to other countries like Australia, New Zealand, Canada, India for example. Services are not the real problem nor is manufacturing, it's training our own to do same.

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Other Countries like China make raw materials and it would probably work out cheaper in the long run to import from there than the EU as the materials would be cheaper anyway.

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TheDaddy said: You are funny, a million plus people regretting their vote means nothing and if you listened to the radio pre and post vote you'd know exactly how ignorant a lot of people were on the day, in your area or not.

These people expressing regret are nervous of what may or may not happen. I, for one, have no regrets of my vote to leave because myself and others saw what was coming in 1975 and voted out feel vindicated. We also knew a leave vote had it's potential problems because we have become far too dependent on the EU and were losing the ability to think for ourselves and make our own decisions. This is where the fear of a leave vote comes in. Can we survive untied from Mother EU's apron strings? Of course we can. Countries are queuing up to trade with the UK and any loses incurred by leaving the EU will easily be recouped by trading with these countries. We do NOT need the single market, we never needed it. We were doing well without it until the Unions tried to hold the country to ransom and we lost a lot of trade. Had that not happened, we would not have needed it.

I personally do not know anyone who regrets voting leave and they, like myself, say we should never have joined in the first place.

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So Lloyds are shedding another 3000 jobs and closing 200 branches and the nice thing about it is that it has nothing whatsoever to do with the vote to leave the EU. It leads me to believe that these Companies who threatened job losses should we vote to leave were going to shed jobs anyway and were looking for something to blame it on other than their own incompetence or the low, and possible lowering, of interest rates.

Why worry about our Services industry? Are the EU countries the only ones we can sell them to? I think not. I'm sure China and India for example would be only too happy to buy them.

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There is always a way back but it would be the biggest mistake we could ever make. We would have to accept the Euro, Schengen and full FoM to name but 3 things but there Is a way back.

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Originally Posted by martyh View Post
There where a lot of ignorant prats voting ,a few on here using the referendum as a protest vote to start with

It would be interesting to have an up to date poll to see how many would vote differently now things have settled down .Immediately after the vote the FTSE was nose diving and the media where predicting Armageddon ,now the public realise that nothing has actually changed and is not likely to for some time they might well poll differently to the one you link to .

A protest against what? Cameron? The Tory Government? You do that through the ballot box. I've never understood this statement of using the referendum as a protest vote. It's a hell of a risk to take especially if you believe we should remain in the EU, surely?

Re: Post-Brexit Thread
 

I think a lot more would vote leave. The ones who were cowed by project fear would realise that the nightmare scenario peddled by the remainers was mostly fiction and life would continue outside the rotting EU corpse.

Re: Post-Brexit Thread
 

Indeed. Experience has taught me we should never have been in but there you go, we were now we have to get ourselves out of the mess and we will.

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I know totally bizarre .There seems to be a general lack of understanding of how our election and voting system works which quite frankly is shameful