[Ignitionnet]

Originally Posted by papa smurf

how exiting i love looking at the plethora of other peoples graphs and charts that you post daily .

You're safe for a little while as I need to contemplate how I can share much of the content outside of paywalls.

In the interim, just for you, in the spirit of going onwards and upwards:

http://www.bloomberg.com/politics/ar...u-s-investment

The largest U.S. business lobbying group has warned the British government that it must maintain full “unfettered” access to the European market in Brexit negotiations if it is to retain almost $600 billion that U.S. companies have invested in the U.K.

The U.S. Chamber of Commerce dismissed as “nonsense” claims by some Brexit supporters that the relatively low tariffs the European Union charges on imports wouldn’t discourage investment in Britain.

“In the real world of business, margins for tradeable goods are razor thin, and even a so-called ‘nuisance’ tariff of 3 percent can make or break a sale,” the chamber concluded in a report released Tuesday.

The report also urged British Prime Minister Theresa May to maintain free movement of labor in and out of Britain, “pass-porting” arrangements that permit banks chartered in Britain to operate throughout the EU and common regulatory arrangements in key areas such as aviation, pharmaceuticals, intellectual property, data privacy, health and safety, environmental protection and consumer goods.

http://www.nybooks.com/daily/2016/10...tish-business/

With Brexit the nightmare is no longer distant and improbable. Even before the June vote, EU governments, backed by the European Commission in Brussels, were trying to change the rules of the EU single market in financial services in ways that would force banks dealing in Euro-denominated bonds and securities to do their business in financial centers where the euro was the local currency, thus excluding London. In practice this would have meant that British banks and foreign banks with their European headquarters in London would lose much of their “passporting” rights, granted by the EU to do business within the EU.

As a member of the EU, Britain was able to prevent this, but outside the EU it will be highly vulnerable to further regulatory assaults from Brussels. According to data just released by the UK’s Financial Conduct Authority, nearly 5,500 UK- registered companies, the great majority in financial services, depended on these passporting rights to do business in the EU and stand to lose them with Brexit.

For that one remaining person who seriously thinks Jeremy Corbyn voted remain:

Hilary Benn And Kate Hoey Battle Over Key Brexit Select Committee

Former Cabinet minister Hilary Benn and leading Labour Brexiteer Kate Hoey are to compete for the chairmanship the new Commons Brexit Select Committee.

Benn, a former Shadow Foreign Secretary, was one of the most prominent Remain campaigners in this year’s EU referendum and some had expected him to have a clear run at the job.

But Hoey, a veteran Eurosceptic who campaigned alongside Nigel Farage, has the significant backing of allies of Jeremy Corbyn including Shadow Business Secretary Clive Lewis, Shadow Northern Ireland Secretary David Anderson and Shadow Cabinet Office Minister Ian Lavery.

Opinion piece:

Britain must unite to build a new relationship with the EU - Gisela Stuart (£)

Nick Clegg and Ed Miliband have launched a bid to reopen the referendum, delay Article 50 and keep the UK in the single market. At a time when we need to put Remain and Leave arguments behind us, we are being dragged back to the politics of division. It is not good for Britain and it is not good for democracy.

There is no mandate to remain. No mandate for stopping the people of this country regaining control over borders, laws and money. No mandate for remaining a member of the single market. It’s called democracy folks. It’s over. It’s done. We need to come together and move forward.

And we can help other countries of Europe do the same. The UK can and should support those nations who seek deeper integration and help those who do not to find different way.

Britain is a great country. It is industrious and resourceful. Generations of enterprising Britons have created a powerful economy that attracts people from around the world to make their home here and play their part in our success. There is a great future for a country that has simply decided it wants to make a go of life outside the EU. We both can and need to come together to change Britain and find that future.

---------- Post added at 11:31 ---------- Previous post was at 11:27 ----------

Originally Posted by heero_yuy

Linky

He's doomed.

Probably. A Chancellor behaving like a finance minister rather than Comical Ali. Disgraceful behaviour. Needs firing.

Just as an aside it's kinda funny. This forum happily gets on the case of Jeremy Corbyn supporters over their wanting to deselect MPs for being disloyal to the leader, don't seem to be objections to such sentiments being raised about anyone who doesn't toe the Brexit line.